As part of the GSE’s effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT 2023-4 transfers $501 million-plus in mortgage credit risk to private insurers and reinsurers.
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Fannie Mae Completes Final CIRT of the Year
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.
Read More »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 ...
Read More »Fannie Mae Completes 2018’s First Credit Insurance Risk Transfer
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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