"Community banks that sell to the government sponsored enterprises (GSE) typically only sell to one GSE. This means that community banks wouldn't likely see the trading difference between the securities as they sell their loans for cash rather than create mortgage-backed securities pools.
"Since community banks are investors in GSE securities, ICBA will review the proposal carefully to ensure that the marketability of the current GSE mortgage-backed security is preserved while balancing the price execution components for those institutions selling loans to the GSEs."
TNS 24HariCha-140814-30FurigayJane-4828521 30FurigayJane
Hispanic #1 Breaking News for Entrepreneurs, Professionals and Small Business Owners - HispanicBusiness.com
OCTOBER 30, 2014
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