While Fannie Mae and Freddie Mac's regulatory plan for a single securities platform is separate and distinct from the single security Mortgage Bankers Association president and CEO David Stevens has been pressing for since last year, the common platform could possibly accommodate it, a secondary market executive told attendees at the
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"They are two different things," said Paul Mullings, senior vice president and interim head of Freddie Mac's single-family business, when asked about them during a question-and-answer session.
The platform, he said, could facilitate a common security, "if it was so intended," or multiple issuers.
