A big first half of CRT activity brings Freddie’s total issuance to date to nearly $100 billion covering single-family mortgages with an original balance of more than $3.5 trillion.

New enumerators will go into effect in CRT remittance files and loan performance data Oct. 25.

The latest Freddie tender offer attracted less interest, with investors cashing in fewer certificates than for previous offers.

The two transactions leave insurers on the hook for a combined $1.02 billion in losses.

Fannie issued new CRT notes and offered to buy back old ones.

Freddie continues to remove uneconomical credit-risk transfer notes from its balance sheet.

In addition to a Credit Insurance Risk Transfer transaction, the GSE’s capital markets team completed a $477.2 million non-performing loan sale.

The Federal Housing Finance Agency to require bank-like capital disclosures tied to ERCF rules.

Trade groups are resigned to whatever model FHFA chooses, but they need data on how it performs compared to FICO to set up their own systems and procedures.

With their unguaranteed subordinate tranches, the K-series was the first enterprise security to transfer credit risk to private investors.