Friday, 30 September 2022 | The Latest Buzz for the Appraisal Industry

Fannie Mae Executes CIRT Transaction on $19B of Single-Family Loans

Fannie Mae announced that it has executed its sixth Credit Insurance Risk Transfer (CIRT) transaction of 2022. As part of Fannie Mae’s ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT 2022-6 transferred $725 million of mortgage credit risk to private insurers and reinsurers. Since inception …

The post Fannie Mae Executes CIRT Transaction on $19B of Single-Family Loans appeared first on DSNews.

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