Items Tagged with 'ACIS'

ARTICLES

  • Freddie Mac: ACIS loss coverage reaches $10B

    Second ACIS transaction to cover losses on HARP loans
    On Friday, Freddie Mac announced it obtained a new insurance policy under its Agency Credit Insurance Structure, which will provide a combined maximum limit of up to approximately $294 million of losses on single-family loans made under the Home Affordable Refinance Program.
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  • Freddie Mac offloads $285m in credit risk to insurers

    Risk-transfers "significant portion" of $16bn pool of 15-year mortgages
    Freddie Mac announced Tuesday that it closed out 2016 by obtaining an insurance policy that could cover a combined maximum limit of approximately $285 million of credit losses. Here are the details.
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  • Freddie Mac offloads more credit risk to insurers

    Backstops STACR deals
    Freddie Mac is continuing in its efforts to limit the taxpayers’ liability by obtaining a number of insurance policies designed to cover much of the remaining credit risk associated with several of its Structured Agency Credit Risk transactions from earlier this year.
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  • Freddie Mac doubles down on credit risk offload to insurers

    Backstops remaining credit risk from three STACR deals
    Freddie Mac has made its first move of the year as part of its continuing effort to limit the American taxpayer's liability. Freddie announced that has obtained a number of insurance polices designed to cover much of the remaining credit risk associated with three of its Structured Agency Credit Risk transactions from 2014.
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