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Tag Archives: Insurance Coverage

Fannie Mae Executes Fifth CIRT on $18.1B of Single-Family Loans

As part of Fannie Mae's ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, the execution of the fifth Credit Insurance Risk Transfer transaction of 2023 transferred $424.4 million of mortgage credit risk to private insurers and reinsurers.

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Shedding Light on Reconstruction Costs

Wildfire resiliency

Many homeowners assume the cost to rebuild a property should be equal to what they paid for the property. An expert explains to homeowners reconstruction costs vs. other valuations in the wake of damage caused by recent natural disasters.

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