Fannie: Why Arent Some Seller/Servicers Issuing MBS?
October 25, 2013
Although Fannie Mae has been pushing certain thinly capitalized nonbanks to its cash window for loan sales, it also wants to know why others that have the capital and approvals arent issuing mortgage-backed securities. A Fannie spokesman had this to say on the matter: If not, why not? Maybe its time for us to have a conversation with them.