Fannie Mae and Freddie Mac Announce CEO of Joint Securitization Entity and Enter Into Governance and Operating Agreements

Orrick - Finance 20/20
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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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