Tag Archives: CRT

Freddie Mac’s Single-Family business announced that its Credit Risk Transfer (CRT) program reported Q2 2022 CRT issuance of approximately $6.5 billion, protecting approximately $151 billion in unpaid principal balance (UPB) of single-family mortgages. The final total was a record for a second ...

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.”

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.

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 Q3 2019, Freddie Mac trasferred billions in credit risk on $69 billion of single-family mortgages from U.S. taxpayers to the private sector. Here's how the GSE is expanding opportunities for private capital.

From program inception to date, the GSE has transferred a portion of the credit risk on more than $1.3 trillion of Single-Family mortgages based on UPB at issuance. 

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.