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Tag Archives: Credit Insurance Risk Transfer

Fannie Mae Executes $23.1B CIRT on Single-Family Loans

Fannie Mae announced the execution of its fourth Credit Insurance Risk Transfer (CIRT) transaction of 2022. Dropping nearly 12% from the first transaction of $26 billion executed in February, Fannie Mae will retain risk for the first 45 basis points ...

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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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