The Financial Stability Oversight Council will launch an activities-based review of the secondary mortgage market, the Federal Housing Finance Agency said.
July 15, 2020 / By ICBA
The Financial Stability Oversight Council will launch an activities-based review of the secondary mortgage market, the Federal Housing Finance Agency said.
The review will assess the risk that activities in the secondary mortgage market pose to financial stability. In a statement, FHFA Director Mark Calabria said Fannie Mae and Freddie Mac must be well-capitalized to support the mortgage market during a stressed environment
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