Secondary Market

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.

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

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.

According to Radian, approximately 550 employees supporting Clayton Services will join the Covius team.

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.

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.

The FHFA's request for input is examining the challenges PACE loans may present toward Fannie Mae and Freddie Mac when it comes to first-lien priority.

Here are the CAS bonds which received upgraded NAIC Designations in the 2019 filing year. CAS REMIC transactions are issued out of a bankruptcy remote trust, rather than as direct debt of Fannie Mae.

Fitch Rating's latest Diligence Market Update includes an updated list 'Acceptable' TPR firms along with newly released tiers.

Between December 19 and December 24, the Federal Reserve bought $825 million of agency mortgage-backed securities. Here's what they sold and what they kept.