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Home » Groups Seek Explicit MBS Guarantee, Preservation of TBA Market in GSE Reform to Successfully Serve Borrowers
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Groups Seek Explicit MBS Guarantee, Preservation of TBA Market in GSE Reform to Successfully Serve Borrowers

October 27, 2017
Maintaining the government MBS guarantee and the agency to-be-announced market is vital to a reformed housing-finance system, according to industry trade groups testifying during a House Financial Services Subcommittee hearing this week. Kevin Chavers, a managing director at BlackRock speaking for the Securities Industry and Financial Markets Association, said the cost of credit would go up without a government MBS guarantee, and banks would not be able to ...
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