Home / Tag Archives: Risk (page 4)

Tag Archives: Risk

Asurity Technologies Announces Integrated Compliance Platform

Asurity Technologies, an enterprise formed to provide the financial services industry with RegTech solutions, announced its formation as an entity bringing together Treliant Solutions, LLC, Risk Management Solutions, Inc., and Mortgage Resources Group, LLC into an integrated compliance platform. According ...

Read More »

Mortgage Default Risk is on the Rise

On Thursday, VantageScore Solutions, LLC and TransUnion released the VantageScore Default Risk Index (DRI) for Q4 2016. According to the DRI, when it comes to default risk, mortgages pose a lower threat than auto loans, student loans, and bankcards with the DRI for these four categories came in at 85.4 (mortgage) , 89.3 (auto), 90.0 (student loans), and 96.8 (bankcards) respectively. Despite the lower default risk compared to other debt categories, mortgage risk is up quarter-over-quarter.

Read More »

Freddie Mac Prices Structured Agency Credit Risk

On Wednesday, Freddie Mac priced a $1.32 billion Structured Agency Credit Risk (STACR), its largest STACR to date. Freddie Mac transfers a large portion of its mortgage credit risk on some groups of loans to private investors through STACR.

Read More »

Democratic Lawmakers Warn of Risks Posed by Repeal of Dodd-Frank Provision

The investigation conducted by the two lawmakers found that repealing Section 716 of Dodd-Frank allows banks to keep nearly $10 trillion in swaps trades on the books that would be “pushed out” to entities that are not insured with taxpayer funds, if not for the Dodd-Frank rollback. Section 716 was intended to prevent taxpayer bailouts of federally-insured banks with risky swap holdings.

Read More »

Default Risk Drops, Still Above Normal Levels

Loan risk in the agency mortgage market came down slightly in June, but analysts warn that risk levels are still unacceptably high. According to the American Enterprise Institute's latest National Mortgage Risk Index, the share of home purchase loans at risk of going sour in the event of an economic downturn fell nearly half a percentage point last month to 11.44 percent.

Read More »

Large Lenders Taking More Risk, Small Banks Cautious

Credit standards at large lenders appear to be loosening somewhat, while criteria at small and mid-sized lenders appear to be tightening, according to a new survey from Fannie Mae. Fannie Mae surveyed executives at its lending customers during the first two quarters of this year for its first ever Mortgage Lender Sentiment Survey.

Read More »

Fannie and Freddie Take on Riskier Portfolios

According to a report issued Thursday by the Federal Housing Finance Agency Office of the Inspector General, Fannie and Freddie are increasingly making riskier deals by buying more mortgages from smaller and non-bank lenders.

Read More »

FHFA OIG Raises Questions About Risks of Nonbank Servicers

The Office of the Inspector General (OIG) for the Federal Housing Finance Agency (FHFA) released a report Tuesday highlighting the risks associated with banks that have traditionally serviced mortgages backed by Fannie Mae or Freddie Mac selling the rights to service troubled mortgages to non-bank servicers that specialize in handling them.

Read More »

Potential Mortgage Default Risk Remains High

The American Enterprise Institute's (AEI) International Center on Housing Risk released this week its latest National Mortgage Risk Index (NMRI), a measure of likely loan default rates in the event of another economic crisis. For its March data, the group calculated that under stress, 11.5 percent of recent home purchase mortgages would default, just down from 11.6 percent in February.

Read More »