USMI welcomes the focus of FHFA on credit risk transfer (CRT) over the last three years, but urges FHFA and the Government Sponsored Enterprises (GSEs) to further advance efforts to reduce taxpayer risk through greater up - front risk sharing with the private sector, including private mortgage insurers (MIs). (usmi.org)
Mitigate taxpayer risk through the use of mortgage insurance when loan - to - value ratios exceed 80 percent and through the use of guarantee fees on mortgage - backed securities. (realtormag.realtor.org)
MI reduces taxpayer risk exposure by transferring a substantial portion of mortgage credit risk to companies backed by private capital. (usmi.org)