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Home » Store » News » CMC Proposes Overhaul of Securitization Structure, Creation of ‘Gateway’ for Securitized Loan Products

CMC Proposes Overhaul of Securitization Structure, Creation of ‘Gateway’ for Securitized Loan Products

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Congress should reexamine the failures of the current mortgage finance system and, rather than the measures set forth in mortgage reform legislation, consider an overhaul of the mortgage securitization structure that begins with the merger of Fannie Mae and Freddie Mac, according to the Consumer Mortgage Coalition. In a letter to House Financial Services Committee Chairman Barney...
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