FHFA Extends Credit Risk Transfer Comment Period to October
August 19, 2016
The Federal Housing Finance Agency extended the response deadline on its “request for input” on the credit risk-transfer program. The response period will now close on Oct. 13, 2016, instead of Aug. 29.The FHFA extended it by 45 days because various industry stakeholders said they wanted more time to evaluate the information and questions raised in the RFI. Back in June, the FHFA asked for industry feedback on various aspects of its CRT program. Fannie Mae’s Connecticut Avenue Securities program and Freddie Mac’s Structured Agency Credit Risk program have accounted for the bulk of GSE risk-transfer activity since the program was launched three years ago.