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Home » Store » News » FHFB Weighs Proposal to Securitize Banks’ MPF, MPP Mortgage Assets

FHFB Weighs Proposal to Securitize Banks’ MPF, MPP Mortgage Assets

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The Federal Housing Finance Board is considering granting authority to the Federal Home Loan Banks to securitize assets held under two alternative mortgage purchase programs. FHFB Chairman John Korsmo said allowing the FHLBanks to issue and sell securities backed by mortgages purchased from member institutions under the Mortgage Partnership Finance program and the Mortgage Purchase Program would improve the programs’ liquidity and lower costs to
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