We’ve reached an important milestone for Freddie Mac and our single-family credit risk transfer (CRT) program. Since 2013, the company has transferred a significant portion of credit risk on approximately $1 trillion in single-family mortgages away from taxpayers and to private investors. This is a significant accomplishment in our efforts to attract more private capital to the market. To date, we now have more than 220 unique investors, including money managers, hedge funds, insurance, reinsurance, and REIT investors participating in the CRT programs, which are executed in both securities and insurance markets.
I am proud of the excellent work we’ve already accomplished to be the recognized leader in the CRT market and am excited about our continued innovation. It is a great example of how Freddie Mac is dedicated to not only making itself a better company but also to improving the entire U.S. housing finance system to benefit homebuyers, investors and taxpayers.