Freddie Mac Gives Shared Equity Ownership a Closer Look

Home / Blog / Freddie Mac Gives Shared Equity Ownership a Closer Look

Posted To: MND NewsWire

Freddie Mac made two announcements this week. The first is a long expected administrative change to requirements for private mortgage insurance (PMI) which will go into effect on March 31, 2019. The company updated these requirements under a mandate from its regulator the Federal Housing Finance Agency (FHFA), incorporating changes related to its assessment of credit and counterparty risk. The new financial requirements include revisions to the risk-based asset requirements, enhancements to the treatment of approved risk transfer transactions, and adjustments to risk transfer credit arising from counterparty risk associated with reinsurance transactions. PMI is required for mortgages where the borrower is making less than a 20 percent down payment. Gina Healy, vice president of credit risk...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Source: http://www.mortgagen...

3bf16d2c 8e34 4ded 8933 2bd3093b7e10 41d839a3 4851 47ec 8f38 6c2d1686df8f 5630a160 85c7 4972 ab91 285d67ae13b9 bbdfffc8 dd03 4e65 8e4f 02c85b958cc4 37a4700e 1de8 4bf4 80aa 275bc62b23b5 4198c719 5252 41a7 9ba3 8eaeaa374c25 1e45830e 1c6d 4ba9 916d b9bb06768d0c 1f0c9cfd f691 4514 9d26 94a8d82d72c9 7b3455ab fecf 4ff3 bb8b e82d8aa8d2c2 7b87b989 1814 4e5f aa35 690c7ca10ba1 7f87d699 da39 42f1 b2e8 a5cf125f2203 d009ee83 b0e8 4d58 a754 97f59fa22a24 99e4dc76 fe9c 4d2f 83e0 cb7e6a1665d6 e8736bcd ca7a 47b1 af89 737069ac28d1 d181bef0 9070 4bb9 831a 454d41cfe1f9 a08c2794 aac8 4a47 9842 2135243a0c65 70fdf3e6 bd9b 4a91 b825 ef4f3d660339 f4c5a9a6 b354 4948 89ee 3e3ced10d912 30984a8b acf5 4b39 9e52 f3ab9e9d8522 f7a85116 8685 4e28 8894 0718b96b4b5c e1866fd7 6182 4138 9277 557f17876eb4 e8c9d7a8 f937 42d6 8ba3 aa6e3cbc0920 bb62947e e50b 4f09 b0f5 9309ecd1d4a9