UMBS set for delivery next week while housing reform tilts

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UMBS set for delivery next week while housing reform tilts

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Different Size Of Houses Arranged In Row On Grassy Field | Andrey Popov - stock.adobe.com

The largest reform to the agency MBS market since the financial crisis is set to take place when the first uniform mortgage-backed securities (UMBS) are delivered to investors on June 3. Other aspects of housing finance reform, however, still seem as murky as ever.

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