Experts: Fannie, Freddie Risk Transfers Building Momentum
November 14, 2014
The GSE risk-sharing market is building momentum and investors indicate there is a growing demand for this product going forward, industry insiders told attendees of an Urban Institute/CoreLogic housing forum last week. In its most recent strategic plan for the GSEs, the Federal Housing Finance Agency is calling on Fannie Mae and Freddie Mac to reduce their exposure to risk by tripling the amount of credit-risk transfers they conduct on their single-family business from $30 billion last year to $90 billion in 2014.