Investors seek change to Freddie CRT policy in storms’ wake

Senior HUD official named FHFA deputy director FHA condo loans slipped under Obama. Trump’s HUD eyes a comeback. The Obama administration had tried to ease restrictions on the Federal Housing Administration’s condominium program, but the agency under President Trump is seen as moving more aggressively.

A grandmother in China who suffers from Alzheimer’s was rescued yesterday after climbing down the exterior of a high-rise building for 10 storeys with her bare hands. The elderly woman in her 80s had.

A mortgage investors’ group is calling for Freddie Mac to change policies related to how delinquencies from recent storms affect certain credit risk transfer securities. The group, the Association of Mortgage Investors, wants Freddie to adopt for all credit risk transfer deals certain policies that determine when "credit events" from storm.

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Andrew Davidson: Four Steps Forward: Streamline, Share Risk, Wrap, and Mutualize. April 19, 2016. September will mark eight years since Treasury Secretary Paulson announced the conservatorship of Fannie Mae and Freddie Mac and a brief "’time out,’ where we have stabilized the GSEs (government-sponsored enterprises) while we decide their future role and structure."

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Credit Risk Transfer Progress Report 2Q2018 – – From the beginning of the enterprises’ single-family crt programs in 2013 through the end of June 2018, Fannie Mae and Freddie Mac have transferred a portion of credit risk on $2.5 trillion of unpaid principal balance (UPB), with a combined Risk in Force (RIF) of about $81 billion, or 3.2 percent of UPB.

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