House Financial Services Committee members Rep Ed Royce, R-CA, and Rep. Gwen Moore, D-WI, introduced a bill this week to make it mandatory for the GSEs to increase credit risk transfers with the private sector. It includes provisions regarding deep coverage mortgage insurance. The Taxpayer Protections and Market Access for Mortgage Finance Act (H.R. 6487) is a way for Congress to encourage Fannie Mae and Freddie Mac to increase the amount and the types of credit risk transfer transactions to the maximum level that is economically and commercially viable, said Royce.