GSE CES Opposition Strong, More Details Wanted

Home Equity Lending News, May 24, 2024–Sam Garcia
While there is support for a Freddie Mac closed-end second product, there is plenty of opposition. Among the concerns are the disruption to the private securitization market, a lack of alignment with the government-sponsored enterprise’s mission, and expanding to CES loans while Freddie is still in conservatorship. Many are calling for more details.
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