Growth of CRT could lead to complacency around GSE reform

By Sam Kerr
01 Mar 2017

The positive track record of the government-sponsored enterprises’ credit risk transfer programmes could result in less urgency among market players to reform Fannie Mae and Freddie Mac, according to speakers on a panel at SFIG Vegas.

The panel said it is possible that the GSEs are transferring enough risk through their CRT programmes for there to be less of an impetus to push for substantive reform.

“Given the success of the programme, there may be some complacency towards real GSE overhaul,” said Chris Helwig, managing ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial