The GSE alerted investors about calling off a $542 million credit risk transfer to private investors due to a tumultuous economic environment.
Read More »Investors Call on FHFA to Address CARES Act Impact
While investors say they shouldn’t have to absorb losses caused by the CARES Act, one finance expert says that's all part of the deal.
Read More »Longevity of GSEs’ Credit Risk Transfer Program in Doubt
Analysis says the CRT’s creation through the FHFA and not congress served the needs of Fannie Mae and Freddie Mac, rather than political objectives.
Read More »Freddie Mac Perspectives Blog: G-Fees and CRT
In a Freddie Mac Perspectives blog, Kevin Palmer, SVP of Single-Family Credit Risk Transfer, explained how credit risk transfers and Guarantee fees have much more in common that one might think—one gives Freddie Mac significant insight into the other.
Read More »Freddie Mac Keeps Making Taxpayers’ Load Lighter
While the conservatorships continue, so do the Enterprise’s initiatives to ease the risk for taxpayers by further involving investors in the private capital market.
Read More »Fannie Mae Enhances Credit Risk-Sharing Disclosures
To date, Fannie Mae's CAS program has resulted in the transfer of credit risk on single-family loans totaling more than a half trillion dollars. What enhancements did Fannie Mae make to the program?
Read More »Fannie Mae Offers a $19.5 Billion Credit Insurance Risk Transfer Deal
Fannie Mae has announced its latest contribution to the credit risk transfer space—two Credit Insurance Risk Transfer deals that shift a portion of the credit risk on pools of single-family loans and brings more private capital into the market.
Read More »JPMorgan Chase Prepares $1.9 Billion MBS Deal
This credit risk transfer transaction is expected to reduce the risk borne by U.S. taxpayers and bring more private capital back into the mortgage market.
Read More »Freddie Mac Adds New Suite to its Credit Risk Transfer Offerings
Freddie Mac has added another innovation to its suite of credit risk transfer offerings. According to a recent press release, the Enterprise added its first two Agency Credit Insurance Structure (ACIS) transactions that provide coverage based on both first loss and actual losses realized on a reference pool of residential mortgages.
Read More »Senators Request Information from FHFA Concerning Credit Risk Transfers
A bipartisan group of Senate Banking Committee members wrote a letter to the Federal Housing Finance Agency (FHFA) requesting that the agency expand and provide better transparency of the development of the credit risk transfer programs. These programs shift credit risk from Fannie Mae and Freddie Mac to the private sector, according to a press release.
Read More »