Fannie Mae closes sixth 2024 CIRT, transfers $160.9m of mortgage credit risk to re/insurers
Reinsurance News - Nov 20, 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, CIRT 2024-H3, transferring $160.9 million of mortgage credit risk to private insurers and reinsurers. The covered loans for the trans...
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