Freddie Mac, along with Fannie Mae, announced the creation of U.S. Financial Technology, LLC (U.S. Fin Tech). This new entity will take over their jointly shared legacy company, Common Securitization Solutions (CSS). U.S. Fin Tech's mission is to provide advanced, innovative technology and business solutions for the Enterprises, reflecting its critical role in managing their $6.5 trillion mortgage-backed securities portfolio.
The new company name better reflects its expanded role and positions U.S. Fin Tech for additional opportunities to create value and introduce industry-leading capabilities for existing and future clients. This strategic move aims to support U.S. Housing by ensuring liquidity, safety, and soundness in the market, while potentially creating new revenue streams from technology sales.
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