Thursday, December 1, 2022 | The Latest Buzz for the Appraisal Industry

Last Fannie Mae CIRT Transaction of 2022 Transfers $343 Million of Mortgage Credit Risk

Fannie Mae has executed its eleventh and final 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 2022-11 transferred $343 million of mortgage credit risk to private insurers and reinsurers. Since inception to date, Fannie Mae has acquired approximately $22 billion of insurance coverage on $749 billion of single-family loans through the

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