WATCH: Chairman @RepFrenchHill on Credit Risk Transfer structures:“So much of this is offsetting loss for the taxpayers. And at the end of the day, when the losses come due, trying to figure out who's left to make those major payments. And risk transfer tools, as we've established today, and reinsurance and Credit Risk Transfer all help answer that question on who picks up those losses by bringing private capital in before losses fall on the backs of taxpayers.”📺⬇️
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