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Volume 2010 - Number 33

August 20, 2010

NY Fed Researchers Suggest Co-op Ownership Could Be the Best Structure for New Securitization Entity

Researchers at the Federal Reserve Bank of New York say it’s important to preserve the best features of Fannie Mae and Freddie Mac – primarily the standardization and efficiency they brought to the MBS market – and that a new cooperative ownership structure may be the best way to do it. In a staff paper released this week, Fed researchers list...

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This weekly covers the secondary mortgage market, including mortgage-backed securities and asset-backed securities.

 

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Poll

The Consumer Financial Protection Bureau is completing its first six months of operation. Based on the agency’s regulatory pronouncements and announcements to date, how do you think the agency is doing?

It’s doing a good job of balancing consumer protections with regulating the mortgage industry.
It’s too early to tell what kind of job the CFPB is doing.
It’s not needed and should be closed down.

vote to see results
Housing Pulse

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