Plenty of Risk to Go Around
Mortgage Media, Jan. 18, 2019
Among the more significant developments in the mortgage industry has been the Federal Housing Finance Agency’s development in 2012 and thereafter of a credit risk transfer program for Fannie Mae and Freddie Mac.It’s a strong and solid move, notes Andrew Rippert, chief executive officer of the Global Mortgage Group at Arch Capital Group Ltd., involved in insurance, reinsurance and mortgage insurance around the globe.