GSEs, Not FHFA, Ready Mortgage Insurance Guidance; A 15-to-1 Risk-to-Capital Ratio is Unlikely
September 27, 2013
Fannie Mae and Freddie Mac are continuing to work on revised eligibility standards for mortgage insurance companies that likely will reduce the 25-to-1 maximum risk-to-capital ratio enjoyed by guarantors that cover their loans. Some type of guidance is expected, at least from one of the GSEs, by the end of October.