Sunday, 7 August 2022 | The Latest Buzz for the Appraisal Industry

Fannie Mae Executes Two CIRT Transactions of Single-Family Loans

Fannie Mae has executed its seventh and eighth Credit Insurance Risk Transfer (CIRT) transactions 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 2022-7 and CIRT 2022-8 transferred $1 billion of mortgage credit risk to private insurers and reinsurers. Since inception to date, Fannie Mae has acquired approximately $21 billion of insurance coverage on $709 billion of single-family

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