ValueInsured offers innovative homebuyer-first solution to FHFA’s credit risk transfer RFI

ValueInsured offers innovative homebuyer-first solution to FHFA’s credit risk transfer RFI

DALLAS, Nov. 21, 2016 – ValueInsured, the only provider of down payment protection, submits a response to the Federal Housing Finance Agency’s (FHFA) Single-Family Credit Risk Transfer Request for Input (RFI). The RFI was issued to “assist FHFA and the Enterprises in their ongoing analysis of font-end credit risk transfer transaction structures in which a portion of the credit risk is transferred prior to Enterprise acquisition of the underlying mortgage.”

In its submission, ValueInsured outlined why down payment protection could be one of the most effective and far-reaching credit risk transfer (CRT) solutions, citing:

  • Down payment protection (DPP) represents an additional up-front risk transfer mechanism not currently in use;
  • DPP is the only upfront risk transfer mechanism designed to modify borrower behavior so as to avoid defaults;
  • In contrast with other CRT mechanisms that only deal with default scenarios, DDP-related loans would be de-risked before getting onto the GSE’s balance sheets;
  • For the period just prior to and during the housing crisis (1999 through 2008), DPP covered transactions would have provided approx. $2.2 billion of coverage toward borrower down payments on loans that ultimately went into foreclosures, and an additional $37.24 billion to cover borrowers’ home equity losses;
  • DPP-related loans backed by major reinsurers represent an efficient use of capital that positively impacts the cost structure of residential mortgage loans.

Consumer Affairs - Housing market frustrating for first-time buyers

Consumer Affairs - Housing market frustrating for first-time buyers

Prices continue to go up but the selection keeps going down

By Mark Huffman as seen on

As we head into the end of the year with an economy that remains anemic, one factor economists are closely watching is the housing market.

After crashing in 2009, housing has recovered nicely, with prices rising nearly to pre-crash levels. But one of the biggest reasons for the price rally, especially lately, is that the supply of homes hasn't kept pace with demand.

So where does it go from here, and what does it mean for the economy? The latest ValueInsured Housing Confidence Index is not overly encouraging. While home prices are rising, confidence among consumers in the housing market is about the same as it has been all summer.

HousingWire - Millennials see housing price bubble on the horizon

HousingWire - Millennials see housing price bubble on the horizon

Less than 40% say they can afford a down payment

By Kelsey Ramírez, HousingWire

Many Millennials say they want to buy a home, however they are concerned with their ability to save for a down-payment, according to the Housing Confidence Index from ValueInsured, a provider of down payment protection for homebuyers.

The M Report - Millennials Hesitant on Homebuying

The M Report - Millennials Hesitant on Homebuying

As seen on The M Report  

By Krista Franks Brock

Pessimistic about market volatility and resistant to being “tied down,” many millennials still aren’t quite ready to purchase a home, according to the latestValueInsured Housing Confidence Index, released Thursday.

Seventy-six percent of millennials who do not yet own a home say they would like to purchase a home, according to ValueInsured.

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While U.S. Economy Grows, Housing Confidence Remains Flat

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While U.S. Economy Grows, Housing Confidence Remains Flat

Millennials Worry More Than Others About Home Buying, According to ValueInsured's Quarterly Index

DALLAS, Oct. 13, 2016 /PRNewswire/ -- Despite positive economic indicators like record wage growth and falling unemployment, housing confidence remained flat from June through September, according to the new ValueInsured Housing Confidence Index.

Housing confidence rose a mere 0.2 points from June through September to 68.9 on the hundred-point scale. That figure is up 1.9 points since March. A number of factors are likely to blame for the subdued confidence measure, according to Joe Melendez, CEO of ValueInsured.

Bankrate - SECRETS AND TIPS TO OWNING AN AWESOME PLACE TO LIVE.

Bankrate - SECRETS AND TIPS TO OWNING AN AWESOME PLACE TO LIVE.

Millennials are bullish on housing

There’s a stereotype that millennials are skeptical of homeownership because they saw their elders suffer after the 2008 economic meltdown. But millennials have more enthusiasm for homeownership than baby boomers have. That’s according to a survey commissioned by ValueInsured, a company that sells down payment protection.

NerdWallet - How to Get Online Help With a Mortgage Down Payment

NerdWallet - How to Get Online Help With a Mortgage Down Payment

Let’s say you don’t have a rich aunt who’s going to spot you the down payment for a home. And maybe you’ve tapped all the down payment savings hacks you can find. Still, your savings balance is so small you’ve got to squint to see it.

Can you crowdfund your down payment? Maybe get a grant? Here are some online resources to help you clear the biggest hurdle to homeownership...and how to protect your down payment.

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Huffington Post - The True State of Housing

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Huffington Post - The True State of Housing

As originally appeared on Huffington Post

Despite historically low interest rates and historically high housing prices, the true state of housing can be summed up in a one word: stagnant. It’s status quo. It’s a boring subject. Yet housing remains one of the largest economic drivers in our country accounting for over $1.2T in sales. It’s massive and massively important. 

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