Fannie Mae executes $1.3bn credit risk transfer deals


Fannie Mae, the US government-backed financial institution that provides liquidity to the US mortgage markets by buying mortgages from lenders, has transferred up to $1.3 billion of mortgage credit risk to the private market through two front-end credit insurance risk transfer (CIRT) transactions.

Fannie Mae, Credit risk transfer, Insurance, Reinsurance, Rob Schaefer, North America

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