Tag Archives: Credit Insurance Risk Transfer (CIRT)

Amid tumult in the securities market after last week’s disintegration of Silicon Valley Bank, the GSE informs investors it has postponed sale of mortgage bonds.

Through transaction of $11.8 billion in single-family loans, Fannie Mae continues its effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market.

In executing its 11th Credit Insurance Risk Transfer transaction of 2022 for $343 million, the GSE continues its effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market.

The GSE executes its 10th Credit Insurance Risk Transfer Transaction of 2022, as part of its ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage marketplace.

Fannie Mae has executed its ninth Credit Insurance Risk Transfer (CIRT) transactions of 2022.  CIRTs are part of the GSEs’ ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, as CIRT 2022-7 ...

With the GSE closing on these latest deals, Fannie Mae has acquired approximately $21 billion of insurance coverage on $709 billion of single-family loans through its CIRT program to date.

The U.S. Mortgage Insurers (USMI), which is the trade association representing the nation’s leading private mortgage insurance companies, has announced the industry has transferred more than $55 billion in risk on nearly $2.8 trillion of insurance-in-force from 2015-2021.   This ...

Fannie Mae announced the execution of its fifth Credit Insurance Risk Transfer (CIRT) transaction of 2022 in the amount of $21 billion.  Effective April 1, Fannie Mae will retain risk for the first 65 basis points of loss on the ...

Fannie Mae recently executed two credit insurance risk transfer transactions on $50 billion of single-family loans in efforts to reduce taxpayer risk.

Completion of CIRT 2022-1 by the GSE covers $26.1 billion in unpaid principal balance of fixed-rate loans, acquired between January 2021 and March 2021.