Tag Archives: Credit Risk Transfer

A new report says some within the industry are calling for FHFA to shield them from losses they will incur due to mortgage forbearances amid the pandemic.

Having remained apolitical since its inception, the Credit Risk Transfer program may now succumb to political pressure, according to a former Freddie Mac executive.

The record-setting transactions mark a total of $12.9 billion of insurance coverage on $475 billion of single-family loans through the program.

Since the first CRT transaction in 2013, Freddie Mac’s Single-Family CRT program has cumulatively transferred $53 billion in credit risk on $1.4 trillion in mortgages.

In its latest report, Fitch Ratings details projections for future credit events and losses for the first half of 2019. Here’s what it revealed.

An FHFA report crunched the numbers since the GSEs initiated their CRT programs in 2013, and here’s what it revealed.

Rising interest rates and declining volumes leave the GSEs with little room to expand their credit risk transfer transactions. However, CRTs may have room to grow elsewhere in the market.

Two industry experts talk GSEs, CRTs, and guarantee fees and why shifting mortgage default risk from taxpayers to investors is a very good thing, including helping shield taxpayers from a dire financial crisis more onerous than ’08.

Fitch Ratings has released a new installment of its GSE Credit Risk Transfer (CRT) Loss Projections Report, which is published every six months, in January and June. The report  “details Fitch Ratings’ projections for future credit events and losses on ...

Kevin Palmer, SVP of Single-Family Credit Risk Transfer at Freddie Mac, on how credit risk transfers are indicating whether Freddie's Guarantee fees are in line with what the private market would charge.