Fannie Mae and Freddie Mac both said they plan to ramp up their credit risk transfers in 2016 and explore more types of transactions. Representatives from the GSEs and FHFA spoke on a Securities Industry and Financial Markets Association risk-sharing panel last week in New York. This goes in line with Fannie’s and Freddie’s recently released 2016 scorecard in which the Federal Housing Finance Agency directed the GSEs to transfer credit risk on at least 90 percent of the unpaid balance of newly acquired mortgages. Laurel Davis, a Fannie vice president, said the GSE wants to continue to grow its investor base and added that Fannie was recently in Australia talking to potential investors.