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How much credit risk did Fannie Mae and Freddie Mac offload with their respective transactions announced this week?
Read More »GSEs Further Lighten the Load for Taxpayers
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Fannie Mae, Freddie Mac Exceed Risk-Sharing Goals
The GSEs began their risk-sharing initiatives in 2013 as a way to transfer risk from taxpayers to private investors while the Enterprises remain in conservatorship of the FHFA. Since then, the GSEs have transferred a substantial portion of the credit risk for mortgages totaling hundreds of billions of dollars in unpaid principal balance (UPB).
Read More »Freddie Mac Further Expands Credit Risk Sharing Initiatives
The GSE continues to transfer credit risk away from taxpayers to private investors and expand its investor base.
Read More »Private Investors Taking on More of the Risk With Credit Risk Transfer Programs
Two and a half years after launching the first credit risk transfer program, Freddie Mac has succeeded in the transferring of a substantial portion of credit risk on more than $385 billion in single-family mortgages.
Read More »Freddie Mac’s Risk Sharing Initiatives Pick Up Steam as 2016 Begins
The latest STACR offering "reflects investors' positive view of the company's credit fundamentals," according to Mike Reynolds, VP of Credit Risk Transfer with Freddie Mac.
Read More »Freddie Mac Resumes Risk Sharing in 2016 Where Last Year Left Off
The FHFA's conservatorship of Freddie Mac continues, but the GSE has found an effective way to reduce exposure to credit risk while bringing private investors back into the single-family mortgage market.
Read More »Expanded Loan-Level Dataset Aimed at Helping Investors Support Credit Risk Offerings
“Releasing this data now will help give potential credit investors sufficient time to analyze Freddie Mac's actual loss performance,” said Kevin Palmer, SVP of Credit Risk Transfer at Freddie Mac.
Read More »Freddie Mac’s Mortgage Portfolio Expands for Ninth Straight Month
Expansion was rare for the GSE's total mortgage portfolio from 2010 to 2014. But in 2015, it has been the norm.
Read More »Freddie Mac’s Credit Risk Transfer Continues With Last Offering of 2015
Freddie Mac's latest Structured Agency Credit Risk offering is the Enterprise’s eighth of the year and 17th overall since the program launched in 2013.
Read More »Fannie Mae’s Credit Risk Transfer Initiatives Approach the Half Trillion Dollar Mark
Fannie Mae’s credit risk transfer program, Connecticut Avenue Securities (CAS), has sold more than $12.4 billion in securities to private investors, which covers $438 billion worth of mortgage loans since the program’s inception in September 2013. Fannie Mae estimates by the end of 2015, it will have transferred a portion of the credit risk on approximately half a trillion dollars worth of single-family mortgages.
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