Industry stakeholders said FHFA should find tremendous value in the CRT program as it reduces systemic risk by distributing risk across many investors and transactions.
Fannie Mae and Freddie Mac issued a record $249 billion of single-family MBS in August while continuing to grow their share of the mortgage market. (Includes two data charts.)
The Federal Reserve Bank of New York will have likely added nearly $1.5 trillion of MBS to the System Open Markets Account by January, and the Fed will once again own more than a third of all agency product.