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 ...
Read More »Freddie Mac Offloads More Risk to Private Investors
With the first 21 offerings, Freddie Mac’s STACR issuances to date covered 29.38 percent of the agency’s total book of business.
Read More »Freddie Mac Keeps Making Taxpayers’ Load Lighter
While the conservatorships continue, so do the Enterprise’s initiatives to ease the risk for taxpayers by further involving investors in the private capital market.
Read More »Freddie Mac Prices Credit Risk Transaction at Nearly a Half Billion Dollars
Freddie Mac has now transferred a substantial portion of credit risk for more than $422 billion in unpaid principal balance on single-family mortgages.
Read More »Freddie Mac Enhances Disclosures for Single-Family Credit Risk Transfer Initiatives
Freddie Mac began its credit risk transfer sharing initiatives in 2013 as a way to transfer a portion of the risk on residential single-family mortgages to private investors and away from taxpayers.
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 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 Continues Transferring Credit Risk to Private Investors
Freddie Mac’s risk-sharing initiatives include 16 STACR debt note offerings (including this one) and 11 Agency Credit Insurance Structure (ACIS) transactions since becoming the first agency to market credit risk transfer transactions with STACR and ACIS in the middle of 2013.
Read More »Success of GSEs’ Credit Risk Transfer Programs Ensure They Are Here to Stay
But the success of programs like the Connecticut Avenue Securities (CAS) Series by Fannie Mae and Structured Agency Credit Risk (STACR) debt note offerings by Freddie Mac have ensured that credit risk transfer is not simply a passing trend, but the way of the future for the GSEs look to transfer more credit risk to private investors.
Read More »Freddie Mac Expands STACR Program With High LTV Offering
Freddie Mac announced its intention on Monday to sell its first actual loss offering of loans with high loan-to-value (LTV) ratios, further expanding the GSE's Structured Agency Credit Risk (STACR) debt notes program.
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