The GSE offloads its latest pool of risky loans to investors, which provides the opportunity for investors and reinsurers to invest in the U.S. housing finance system.
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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.
Read More »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.
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