AMI White Paper: Reforming Asset-Backed Securities Market
The AMI advocates for public policy concerning the future of securitization and America’s housing finance system. Today, the source of mortgage financing comes from the following three sources:
- Bank balance sheets,
- Government enterprises (Freddie Mac, Fannie Mae), and
- Securitization (the markets).
The following AMI white paper concisely explains why asset-backed securitization must be reformed to improve our housing finance system.