Freddie Mac Issues Statement Related to FHFA Request for Input on Development of Single Security
The following statement
was released today by Dave Lowman, Executive Vice President, Single
Family Business, Freddie Mac (OTC: FMCC):
"We believe FHFA's request for input is a milestone on the path
towards a more competitive and resilient housing finance system. We
share FHFA's vision of a more liquid and transparent single security
that can make the secondary market even more efficient and keep
homeownership within reach of America's working families. Freddie Mac
is committed to expanding homeownership opportunities by working with
FHFA, Fannie Mae, Common Securitization Solutions and other
stakeholders to address the challenges of bringing a Single Security
to the market."
For more information, see FHFA Request for Input: Proposed Single
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.