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Re: MonestHind post# 132007

Tuesday, 10/08/2013 5:19:52 PM

Tuesday, October 08, 2013 5:19:52 PM

Post# of 802530
UPDATED**NEWS**:US REGULATOR NAMES FNMA REPLACEMENT

Quote:
"...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
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