Mr. Walker, private so private mortgage insurance helps first time and I would say working class buyers access homeownership and it safeguards taxpayers from credit risk. It's kind of the original form of credit risk transfer. I guess you could describe it as The industry [mortgage insurance] has grown more resilient through consistent mortgage insurance CRT transactions. which has been, I guess, ensuring support for new buyers and claim payments during all kinds of economic turmoil. Can you discuss how mortgage insurers use CRT to manage risk and how has it made the housing market stronger? (00:22–00:28)
CLAIM
Asserts that the mortgage insurance industry has become more resilient due to consistent CRT transactions.
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.
