… and has made them much more resilient compared to pre great financial crisis where they retained most of the risk themselves. Very Good, thank you. Dr. Wachter. I believe the Credit risk transfer can play a role in ensuring Fannie and Freddie are significantly less risky than before the financial crisis. But I think there is a concern about CRT that it's been underused tool by them for in recent years I guess you could say. (02:32–02:42)
CLAIM
Asserts that CRT can help make Fannie Mae and Freddie Mac less risky compared to pre-financial crisis levels.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
