Friday, March 29, 2024 | The Latest Buzz for the Appraisal Industry

Freddie Mac CRT Program Protects $586 Billion of Single-Family Mortgages This Year

Freddie Mac’s Single-Family business has announced that its Credit Risk Transfer (CRT) program reported year-to-date CRT issuance of $14.5 billion, protecting $585.5 billion in unpaid principal balance of single-family mortgages. In the third quarter, CRT issuance of $4.6 billion provided credit protection on $166.6 billion of single-family mortgages. The issuances included STACR (Structured Agency Credit Risk), ACIS (Agency Credit Insurance Structure), subordination and certain lender risk sharing transactions.

“At the end of the third

This post was originally published on this site

Brent Bowen

Loosening The Knot

Something that I like to do is to research the etymology of various words. This is essential in understanding older/historical texts, so that you can

Read More »

TOP RATED PRODUCTS

5/5