Homeownership Financing 102: TBA and Mortgage-Backed Securities and the Cash Window (HFAi21)
Explore how HFAs use securitization, including the to-be-announced (TBA) market and cash window, to finance affordable homeownership loans. Learn about the roles of Fannie Mae, Freddie Mac, and Ginnie Mae; hedging; pipeline management and other operational concerns; and how to combine securitization and MRBs.
DISCUSSION LEADER
Tara Pavlik, Managing Director of Homeownership | Illinois Housing Development Authority
PARTICIPANTS
Mike Awadis, Senior Managing Director | Hilltop Securities Inc.
Lisa DeBrock, Director, Homeownership | Washington State Housing Finance Commission
Bob McCarty | West Virginia Housing Development Fund
Jon Rogers, Senior Division Manager, Single Family Lending | West Virginia Housing Development Fund
