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Tag Archives: CIRT

Fannie Mae Completes 2018’s First Credit Insurance Risk Transfer

Fannie mae

Fannie Mae has announced its first completed Credit Insurance Risk Transfer (CIRT) transaction of 2018, consisting of nearly $17 billion in single-family loans from the Enterprise’s portfolio. Entitled CIRT 2018-1, the transaction “is a part of Fannie Mae’s ongoing effort ...

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Fannie Mae Reduces Risk Pool

Fannie Mae is making moves again—this time it has completed its second set of traditional Credit Insurance Risk Transfer. Read on to find the amount of coverage the GSE received and the terms of the deal.

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Fannie Mae Gets Green Light on Third Front-End CIRT

Fannie Mae announced that it secured commitments for a front-end Credit Insurance Risk Transfer (CIRT) transaction. The risk transfer will have been committed prior to Fannie Mae’s acquisition of the covered loans, so the insurance coverage will be effective as soon as loans are acquired. This will begin in the 2017 second-quarter deliveries and is expected to be filled over the course of nine months.

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Fannie Mae Completes Two Credit Insurance Risk Transfers

Fannie Mae has completed two credit insurance risk transfers (CIRT) as part of an ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market.

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