Credit Risk Transfer in a New World–The Waterfall of Risk Falls Squarely on Private Capital!
GoRion, Jan. 6, 2017–Schwartz, Faith
The call for a liquid safe and sound secondary mortgage market system should “Trump” any variations that do not ensure this is the case. And the GSE’s and FHFA have created the path forward on how to integrate CRT into the many variations of reform we may see in the upcoming administration.