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April 3, 2014

The Enticing Part of the Waters GSE Bill: A First-Loss Position of 5 Percent, Not 10

By Charles Wisniowski

Johnson-Crapo is wide open on what entities could issue the new MBS and even allows single firms to be loan originators, aggregators, issuers and bond guarantors.

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After the November elections, how long will it take for a new Congress and White House to pass GSE reform legislation?

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