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FHFA Requests Input On GSEs’ UMBS Pooling Practices

Thursday, Nov 14 2019
Lending
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The Federal Housing Finance Agency has announced that it issued a request for input about Fannie Mae’s and Freddie Mac’s pooling practices for forming “To-Be-Announced”-eligible Uniform Mortgage-Backed Securities (UMBS).

e-->Additionally, FHFA said it was asking for public input about Fannie Mae’s and Freddie Mac’s oversight of UMBS prepayment speeds and alignment, among other policies and practices with a potential impact on UMBS fungibility.

The request for input “seeks to ensure that UMBS remain a source of stable, affordable liquidity for the U.S. housing finance system,” according to the FHFA.

Read the full press release. 

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