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Home » Store » News » CBO: Non-Agency Market Can Replace GSEs

CBO: Non-Agency Market Can Replace GSEs

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Non-agency financing sources could replace the government-sponsored enterprises with relatively minor impacts for borrowers, according to a report released this week by the Congressional Budget Office. “Although the transition to a new structure could significantly decrease the number of borrowers who received mortgages backed by Fannie Mae or Freddie Mac, additional private capital would replace most of the lost funding,” the CBO said. The nonpartisan ...
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