Fannie Mae closes fifth 2024 credit insurance transfer on $8.2bn single-family loans
Reinsurance News - Jul 08, 2024
Fannie Mae, a government-sponsored enterprise and provider of mortgage financing in the United States, has completed a new Credit Insurance Risk Transfer transaction, known as CIRT 2024-L3. This initiative transferred $337.2 million in mortgage credit risk to private insurers and reinsurers. “...
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