Urban Institute: Launch of FHFA’s single security was “flawless” 

In June, the Federal Housing Finance Agency announced that its long-laid plans to launch a single security – the Uniform MBS – for loans backed by Fannie Mae and Freddie Mac had finally come to fruition. Now, with two months of UMBS in play, the Urban Institute is praising the successful launch of this “enormous undertaking,” noting the critical groundwork it lays for future GSE reform.