Since the Federal Housing Finance Agency launched a credit risk transfer program for GSEs Fannie Mae and Freddie Mac in 2013, the enterprises have transferred $60.6 billion in credit risk to private investors, amounting to about 3.3 percent of $1.8 trillion in unpaid principal balance, the FHFA said today. In the second quarter of 2017, the GSEs transferred about $6.4 billion worth of credit risk. Transfers include debt issuances, insurance and reinsurance transactions, senior-subordinate securitizations and several kinds of lender-collateralized recourse transactions.
FTC seeks to enforce business disclosure of personalized pricing
Businesses that fail to disclose that they use consumer data to set personalized prices for goods or services are likely engaging in deception or unfairness and can expect the Federal Trade Commission to pursue enforcement actions, according to...








