Our Company

We support the U.S. housing market and global financial markets. Through our comprehensive, innovative, and market-leading platform and data-driven capabilities, we bring the power of data, transparency, and speed to financial markets.

Our Journey

2014

CSS was established as joint venture of Fannie Mae and Freddie Mac, who together have invested in our creation, integration, and ongoing operation.

CSS was created to provide an innovative solution for the secondary mortgage market. Our team was tasked with building a state-of-the-art securitization platform that would forever change the way the mortgage industry operates in the U.S.

2014

2019

Completed the comprehensive launch of our platform supporting Fannie Mae and Freddie Mac with their Single-Family Mortgage-Backed Security (SF MBS) portfolios, and also launched the Uniform Mortgage-Backed Security (UMBS).

This event established a single, liquid To-Be-Announced (TBA) market for Enterprise-issued MBS via a centralized, standardized process between Fannie Mae and Freddie Mac.

2019

2021 - 2022

Launched enhanced modeling functionality, implemented a tax investor portal for both GSEs, and assumed transfer & paying agent capability for Fannie Mae’s physical certificates.

2021 - 2022

2023-2024

Launched Active/Active platform architecture, further improving resilience capabilities to ensure zero data loss and rapid recovery and assumed transfer & paying agent capability for Freddie Mac’s physical certificates.

2023-2024

Present

Since launching the Common Securitization Platform (CSP) in 2019, CSS has enabled investor access to over $18 trillion through the issuance of SF MBS.

CSS regularly completes all issuance and administration activities with no market disruptions.

Present

Our People

Our people are the driving force behind our success, and we are proud of the virtual, world-class team we have built across the U.S.

We employ the best technologists and experts in securitization, technology, operations, process improvement, and risk and compliance. Led by experts in these areas, our team is guided by a commitment to best-in-class service and collaboration.

We bring an innovative, entrepreneurial mindset to everything we do. We create a work environment and culture that promotes collaboration, constant learning, and flexible and Agile processes.

Our Leaders

Our Leadership

Applying decades of leadership experience in the financial services and technology industries, our executive team sets the company strategy and establishes meaningful values which yield a high performance and team-first culture.

Our Board

CSS’s Board of Managers is comprised of an independent non-executive Chairman, the CSS CEO, two representatives from Fannie Mae, two from Freddie Mac, and two members appointed by FHFA.

Our Awards

The Tech100 Mortgage Award recognizes the companies and solutions that are revolutionizing the mortgage process – from origination to closing, and servicing to secondary markets