What is Common Securitization Solutions (CSS)?

Career: Common Securitization Solutions

Common Securitization Solutions (CSS) is a joint venture formed by Fannie Mae and Freddie Mac to support the issuance and administration of mortgage-backed securities in the United States. CSS operates the Common Securitization Platform (CSP), which standardizes and streamlines the securitization process for mortgage loans. Its primary goal is to improve efficiency, transparency, and risk management in the secondary mortgage market. CSS plays a critical role in ensuring the smooth functioning of the housing finance system.