Wednesday, February 8, 2023 | The Latest Buzz for the Appraisal Industry

Fannie Mae Executes $21B CIRT on Single-Family Loans

Fannie Mae announced the execution of its fifth Credit Insurance Risk Transfer (CIRT) transaction of 2022 in the amount of $21 billion.  Effective April 1, Fannie Mae will retain risk for the first 65 basis points of loss on the $21 billion covered loan pool. If the $136.2 million retention layer is exhausted, 22 insurers …

The post Fannie Mae Executes $21B CIRT on Single-Family Loans appeared first on DSNews.

Jeff Bradford

Discover Your Passion

What are you passionate about? Is it appraising? Do you find that time just flies by when you’re working on an appraisal? Appraising has a

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