Federal Housing Finance Agency Print
Home / Media / Statement of FHFA Acting Director Edward J. DeMarco on Freddie Mac Insurance Risk-Sharing Transaction
Statement

Statement of FHFA Acting Director Edward J. DeMarco on Freddie Mac Insurance Risk-Sharing Transaction

FOR IMMEDIATE RELEASE
11/12/2013

“FHFA is pleased that Freddie Mac has completed another risk-sharing transaction—an insurance policy with Arch Reinsurance Ltd. that covers up to $77.4 million of potential losses on a pool of loans guaranteed by Freddie Mac.

“The completion of this deal is unique in that it is with a diversified non-mortgage insurer and it demonstrates yet another approach to risk-sharing with investors. The transaction supports FHFA’s 2013 Conservatorship Scorecard and FHFA’s Strategic Plan for the Enterprise Conservatorships, reducing Freddie Mac’s market footprint and ultimately protecting taxpayers.”

Attachments:

###

​The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks. These government-sponsored enterprises provide more than $5.5 trillion in funding for the U.S. mortgage markets and financial institutions.

Contacts:

Corinne Russell / 202-649-3032, Stefanie Johnson / 202-649-3030

© 2024 Federal Housing Finance Agency