How to add predictive analytics into your risk program. Risk reports are often limited to historical insights and issues and do not provide guidance and insights into the future of the organization. Adding predictive analytics can allow your organization to detect emerging risks and create mitigation plans. This can be achieved by combining internal and external key risk indicators (KRIs) and key performance indicators (KPIs) with regulatory intelligence. This ensures that risk reports can detect more issues and highlight areas of concern. Click here to learn more.
Fannie and Freddie NPL sales
The FHFA has released its Enterprise Non-Performing Loan Sales Report, which provides information about the sale of NPLs by Fannie Mae and Freddie Mac. The report includes information about NPLs sold through December 31, 2018, and reflects borrower outcomes as of December 31, 2018, on NPLs sold through June 30, 2018. The sale of NPLs reduces the number of delinquent loans in the Enterprises’ portfolios and transfers credit risk to the private sector. FHFA and the Enterprises impose specific guidelines on NPL buyers designed to achieve more favorable outcomes for borrowers than foreclosure