Non-qualified mortgages have increased in popularity, growing quicker than other RMBS products. What has caused this increase?
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FHFA Releases Plan to Better Align Fannie and Freddie
The FHFA announced a plan to align programs, policies, and practices that affect the prepayment rates of “To-Be-Announced"-eligible mortgage-backed securities. See how the plan intends to maintain and improve the efficiency and liquidity of the secondary mortgage market.
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