July 10, 2014
House Democrats File ‘Middle Ground’ GSE Reform Legislation
The Democratic proposal calls for private mortgage capital to backstop the first 5 percent of conventional-mortgage securitizations with the remaining 95 percent of risk shared “on a pari passu basis.”
Read the full article when you register for your FREE IMFnews account.
IMFnews articles are available only to registered users. Sign up to get free access to all IMFnews articles and the daily email alert.
If you have an existing account with Inside Mortgage Finance, please login below.