Fannie and Freddie Execs Talk CSP Misperceptions, Alignment
September 30, 2016
Representatives from Fannie Mae and Freddie Mac discussed misperceptions about the common securitization platform and the goal of aligning policies of the two GSEs at last week’s ABS East conference in Miami. Mark Hanson, Freddie’s senior vice president of securitization, said the importance of the CSP is that it’s “shareable,” during one of the panel sessions.“That opens up a lot of thinking and potential for down the road. But in it being shareable there are some requirements that come with all that,” he said. Hanson added, “A lot of what’s required and a lot of what’s taken so much time in all this is to get alignment between Freddie and Fannie.