The Federal Housing Finance Agency today released a report on how Fannie Mae and Freddie Mac share credit risk with the private sector through primary mortgage insurance and credit risk transfer transactions. Included with the release of the report was a request for public comment on the GSEs’ credit risk transfer processes, as well as proposals to adopt additional front-end structures, such as a deeper mortgage insurance structure. Since 2013, the GSEs have transferred about $30.6 billion in credit risk to private entities, shifting risk away from taxpayers.
FDIC extends comment period for Genius Act implementation
The FDIC announced that it will push back to May the deadline for comment on its proposal to create a process through which banks can seek agency approval to issue stablecoins through a subsidiary.









