Fannie Mae slows reinsurance buying down again in first quarter

Fannie Mae, the US government-backed firm which packages mortgage-backed securities, bought $778.6 million in excess of loss (XoL) limit on $16.6 billion in underlying housing portfolios during the first quarter, well beneath its standard Q1 purchase levels as deals continue to dwindle.

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Fannie Mae slows reinsurance buying down again in first quarter

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