bermuda-3-template-16-
3 October 2023Alternative Risk Transfer

US MBS packager Fannie Mae cuts Q3 insurance limit

Fannie Mae, the US government-backed firm that packages mortgage-backed securities, bought a mere $344 million in excess of loss limit on only $8.4 billion in underlying housing portfolios during the third quarter, well down from prior periods amid tighter reinsurance terms.

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Alternative Risk Transfer
12 May 2026   Plenum’s performance index goes more than a year since showing a weekly decline.
Alternative Risk Transfer
7 May 2026   Lloyd’s CEO sees follow-only syndicates coming under ‘significant strain’.
Alternative Risk Transfer
29 April 2026   Fundraising proved very modest, RenRe stepped in to pick up bits of DaVinci and Fontana.