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Tuesday, 10/08/2013 5:09:44 PM

Tuesday, October 08, 2013 5:09:44 PM

Post# of 803783
**NEWS**:US REGULATOR NAMES FNMA REPLACEMENT


"...The new joint securitization company, CSS, will have its own chief executive officer and chairman, and will be funded by Fannie Mae and Freddie Mac. It will create a single standard for issuing securities that could survive independently if Fannie and Freddie no longer exist."



http://www.reuters.com/article/2013/10/07/usa-housing-fannie-freddie-idUSL1N0HX1OZ20131007