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SFA Issue Brief: Freddie Mac Closed-End Second Mortgages Pilot Program

article by Structured Finance Association

This latest SFA Issue Brief provides an overview of Freddie’s Mac’s pilot program to purchase closed-end second mortgages approved by the Federal Housing Finance Agency in June 2024. In addition to highlighting industry concerns and SFA’s advocacy position, the brief also outlines responses from Capitol Hill over the pilot program’s potential risks to taxpayers and the overall economy.