Freddie Mac has obtained three new insurance policies under its Agency Credit Insurance Structure (ACIS) program, representing the largest aggregate transaction to date, and a new milestone reached.
Read More »FHFA Seeks Input on Front-End Credit Risk Sharing
For the last three years, the GSEs have engaged in a number of credit risk sharing transactions to transfer more risk to private investors; most of these transactions, however, have been of the back-end variety.
Read More »Freddie Mac Starts Selling Reperforming Loans
The collateral is comprised of Option Adjustable-Rate Mortgages (ARMs) and loans that were originated as Option ARMs but were later modified, according to Freddie Mac.
Read More »Ex-FHFA Chief Makes Case for Radical Housing Reform
What does Ed DeMarco, acting director of the FHFA for four years, think is the most effective way to move the GSEs out of the FHFA's conservatorship?
Read More »Freddie Mac Peddles More Deeply Delinquent Loans
The transaction included five pools of non-performing loans serviced by Bayview Loan Servicing and were an average of five years delinquent.
Read More »No Recap and Release? How About Review and Reform?
It appears GSE reform may actually be on the horizon—or at least discussed regularly in Washington—thanks to a new bill proposed by Congressman French Hill (R-Arkansas).
Read More »Freddie Mac Works to Involve Private Investors More
Freddie Mac has been evolving its risk management framework and practices since it debuted its first official credit risk transfer program in 2009, and they just recently reached a milestone.
Read More »Will GSE Reform Proposal Be a Tough Sell for Investors?
Would a proposal to replace Fannie Mae and Freddie Mac with a corporation gain the support it needs from private investors?
Read More »Will the GSEs’ Status Quo Cause Another Crisis?
One civil rights leader has fired back at a letter written to FHFA Director Mel Watt by five influential industry organizations earlier this week asking Watt to let Congress handle housing finance reform.
Read More »Industry Groups Oppose ‘Piecemeal’ GSE Reform
A group of influential industry organizations petitioned FHFA Director Mel Watt opposing the approach that many lawmakers, housing advocates, and civil rights groups have called for recently.
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