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Loan Modification

: Mortgage Lender Implode-o-Meter

Fannie Securitizes to Boost Issuance, Liquidity

By Implode-Explode Heavy Industries

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"Government-sponsored entity Fannie Mae (FNM: 0.7971 +2.19%) in Q109 began testing the process of securitizing its whole residential mortgage loan portfolio in an effort to boost liquidity at the company. The initiative also boosted agency mortgage-backed securities (MBS) issuance in the process."

Full post as published by Mortgage Lender Implode-o-Meter on May 20, 2009 (boomark / email).

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