Taking the FMIC: hidden GSE reform provision opens door to rental mart
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Taking the FMIC: hidden GSE reform provision opens door to rental mart

crapo johnson

Three words may have scored US rental investors a secret success in the Senate’s latest housing reform proposal. The Crapo-Johnson bill, which aims to replace Fannie Mae and Freddie Mac with the Federal Mortgage Insurance Corporation (FMIC), may herald federal involvement in the nascent and controversial home rental securitization market.

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