According to former CEO of Freddie Mac Don Layton, after the single-security’s implementation, the discount almost entirely disappeared. CLick through to learn more.
Read More »$1.8B in Unpaid Balance in Reperforming Loan Sale
Fannie Mae announced the bids are due by March 10. Click through to learn more on the GSE’s announcement.
Read More »Expanding Non-Bank Mortgage Institutions and REITs
Regulators are considered allowing further growth in non-bank mortgage institutions and real-estate investment trusts. Here’s why.
Read More »Fannie Mae Prices $1.134B Transaction Amidst “Market Volatility”
According to Fannie Mae's VP of Credit Risk Transfer Laurel Davis, the latest Connecticut Avenues Securities transaction is being executed as "the fundamentals of the U.S. housing market remain strong.”
Read More »Don Layton Explains CRT Process and Effectiveness
In the second part of his series on credit risk transfers, the former Freddie Mac CEO explains what makes the transactions effective, and what they need to function properly.
Read More »PACE Loan’s Default Challenges
According to experts, a PACE loan's first-lien status can cause issues with a lender's or investor's security interest if the borrower defaults
Read More »Mortgage Industry Groups Provide Feedback on Universal Mortgage-Backed Security
The group's proposals, in response to the FHFA's Request for Input, discusses the best practices for building better alignment and streamlining lender pools.
Read More »Radian Announces Sale of Clayton Services to Covius
According to Radian, approximately 550 employees supporting Clayton Services will join the Covius team.
Read More »Former Freddie Mac CEO on Limiting GSE Risk Exposure
In the first of a series of papers, Don Layton discusses Fannie Mae and Freddie Mac’s credit risk transfer programs and why they are critical to a sustainable system of American homeownership.
Read More »How Fannie Mae’s Connecticut Avenue Offerings Cut Credit Risk
In addition to sharing credit risk on Fannie Mae's single-family conventional guaranty book of business, the latest CAS transaction is one of several ways the GSEs are promoting liquidity.
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