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Home » Store » GSEs » Under New FHFA Director Watt, CSP Progress Will Continue But It May Not be a Pet Project

Under New FHFA Director Watt, CSP Progress Will Continue But It May Not be a Pet Project

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The fledgling common securitization platform project isn’t likely to get off course under new Federal Housing Finance Agency Director Mel Watt, but it probably won’t be the new regulator’s pet project either, according to industry advisors and investment bankers tracking the CSP’s trajectory. One thing is certain though: Watt – approved by the Senate just this week – is so new to the job that he’s not likely to make any major speeches or policy statements about the project until sometime in January, at the earliest. Industry officials note...
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