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Home » Store » Taxable » FHLBank Mortgage Securitization Gets Political Boost from An Unlikely Source: a Leading Congressional Critic of GSEs

FHLBank Mortgage Securitization Gets Political Boost from An Unlikely Source: a Leading Congressional Critic of GSEs

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Advocates for more diversity in the secondary market for prime grade, conventional conforming mortgages got a boost last week from a key House Republican, who said he would support language in a pending reform bill that would facilitate the authorization of Federal Home Loan Bank securitization. Mortgage bankers and other industry groups have been pushing for such policies during recent weeks. Although many industry observers believe the Federal Housing Finance Board already has the ability…
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