Tuesday, November 29, 2022 | The Latest Buzz for the Appraisal Industry

Fannie Mae Executes Ninth Credit Insurance Risk Transfer of 2022

Fannie Mae has executed its ninth Credit Insurance Risk Transfer (CIRT) transactions of 2022.  CIRTs are part of the GSEs’ ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, as CIRT 2022-7 and CIRT 2022-8 transferred $1 billion of mortgage credit risk to private insurers and reinsurers. …

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