Freddie Exec Casts Doubt on Lenders’ Mortgage Insurance Proposal

National Mortgage News, Feb. 2, 2016–Bisbey, Allison

Lenders argue that the GSEs would be better off buying more loans that are already insured, rather than transferring credit risk after holding them for a time. But Freddie Mac’s Kevin Palmer says certainty of reimbursement is more important than the timing of risk transfers.