Sentences with phrase «taxpayer risk»

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).

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.

MI reduces taxpayer risk exposure by transferring a substantial portion of mortgage credit risk to companies backed by private capital.

The old government - sponsored enterprise system, which enabled private profit and greater taxpayer risk, must be retooled.

As policymakers look for ways to further reduce taxpayer risk while ensuring access to affordable mortgage credit, MI can offer additional solutions to meet this objective.

Acknowledging that there should be a diverse set of participants in the future to assume and protect against all mortgage credit risk ahead of an explicit government guaranty, Sinks noted that, «We believe much more can be done to reduce the risk to the federal government and make taxpayer risk exposure even more remote without jeopardizing the ability for creditworthy borrowers to continue to buy a home with mortgage financing.

Private capital should be the preferred method to minimize taxpayer risk, primarily through loan - level credit enhancement that is well capitalized and available throughout all housing market cycles.

The report «considers some of the difficult questions facing Congress and FHA, as well as a number of reforms intended to fulfill its mission and limit taxpayer risk».

Given the concerns about FHA's overall fiscal stability, this bill balances the needs to protect the fund from taxpayer risk, with the need to continue to provide access to safe and affordable mortgage financing.

Importantly, Deputy Secretary Patenaude's leadership in these efforts will ensure that Americans have greater access to mortgage finance credit, promote a greater role for increased private capital in mortgage finance, and reduce taxpayer risk exposure.

Today, USMI released new polling results showing strong national support for reducing GSE and taxpayer risk through increased reliance on private capital.

U.S. Mortgage Insurers (USMI) offers real solutions to housing finance reform that ensure broader access to sustainable homeownership while reducing taxpayer risk.

According to third party analysis, Deeper Cover MI not only reduces taxpayer risk, it could also lower borrower costs.