Tag Archives: Single Security

The FHFA expects to implement the Single Security on the CSP for both Fannie Mae and Freddie Mac sometime in 2018. What does the Agency hope to accomplish in 2017 toward achieving that goal?

According to the FHFA, the GSEs intend to begin implementing the Common Securitization Platform software later this year.

The Federal Housing Fiance Agency issued an update to their Common Securitization Platform on Tuesday outlining the progress that as been made in developing a new infrastructure for the securitization of single-family mortgages by Fannie Mae and Freddie Mac.

Freddie Mac, Fannie Mae, and Common Securitization Solutions, LLC (CSS) jointly announced on Wednesday the development of an Industry Advisory Group. The group will provide feedback and share information on efforts to build the Common Securitization Platform (CSP) and implement the Single Security.

The Federal Housing Finance Agency (FHFA) recently issued an update to mortgage-backed security (MBS) structure, also known as Single Security. The new changes to the Single Security structure are based on 23 responses to a “Request for Public Input: Proposed Single Security Structure (RFI)” released in August 2014 by the FHFA.