United States:
Fannie Mae And Freddie Mac Announce CEO Of Joint Securitization Entity And Enter Into Governance And Operating Agreements
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On November 3, Fannie Mae and Freddie
Mac jointly announced the first CEO of
Common Securitization Solutions, LLC (CSS), which
was established by the companies to design, develop, build and
operate the Common Securitization Platform, a new
secondary mortgage market infrastructure. Additionally,
Fannie Mae and Freddie Mac entered into governance and
operating agreements for CSS. Release.
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