Guidelines Updated for Higher-Balance Deals

Higher-balance loans now temporarily eligible for Federal Housing Administration and government-sponsored enterprise programs are slated to be securitized outside the "to-be-announced" market under updated Securities Industry and Financial Markets Association guidelines. The new higher-balance FHA/GSE loans are slated to trade under unique pool codes on a specified pool basis or to be included in real estate mortgage investment conduit transactions, according to SIFMA. SIFMA can be found on the Web at http://www.sifma.org.

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