LAS VEGAS – The secondary mortgage market's common securitization platform will begin some operations next year, former FHFA Acting Director Edward DeMarco told his ACUMA Conference keynote audience Wednesday.

"The CSP is not theoretical, work has been actively getting done," DeMarco said in response to a question from the audience.

He added that before he left FHFA, the agency chartered the CSP as a separate entity, Common Securitization Solutions, and opened up shop in Bethesda, Md.

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