GSEs Select U.S. Bank as Administrator and Closing Agent for HFA Initiative

DSNews.com announced recently that Fannie Mae and Freddie Mac selected NCSHA affiliate member U.S. Bank to act as administrator and closing agent for the Temporary Credit and Liquidity Program and New Issuance Bond Program under the Administration’s HFA Initiative.  In its role as closing agent, U.S. Bank helped close more than 100 HFA Housing Bond issues.  As administrator, U.S. Bank will perform various administrative and operational functions to support these programs.