July 8, 2015 Alert - SFIG to Participate in Single Security/CSP Industry Advisory Group

This morning, Fannie Mae, Freddie Mac (“GSEs”), and Common Securitization Solutions, LLC jointly announced that SFIG will participate in its newly created Industry Advisory Group to provide feedback and share information on efforts to build the Common Securitization Platform (“CSP”) and implement the Single Security.

SFIG's Executive Director, Richard Johns, stated:

SFIG is delighted to be invited to participate in the Industry Advisory Group, and has been supportive of its creation since our first comment letter to the Federal Housing Finance Agency (“FHFA”) on these initiatives. Such an alignment of interests among Congress, the industry, the FHFA and the GSE’s will ensure that each stakeholder has the ability to voice their opinions throughout the entire development process of the Single Security and CSP.

In addition to SFIG, participants in the Industry Advisory Group will come from:

  • American Bankers Association
  • Financial Services Roundtable
  • Fixed Income Clearing Corporation
  • Independent Community Bankers Association
  • Mortgage Bankers Association
  • Securities Industry and Financial Markets Association
  • The Center for Responsible Lending

To view the press release, please click here. To learn more about the CSP and Single Security initiatives, please click here. For questions regarding SFIG’s participation in the Industry Advisory Group, please contact Michael.Flood@sfindustry.org.

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