Fannie Mae executes eighth CIRT transaction of 2023

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Reinsurance News - Sep 28, 2023

Leading U.S. mortgage industry player Fannie Mae has successfully executed its eighth Credit Insurance Risk Transfer (CIRT) transaction of 2023, transferring $344.3 million in mortgage credit risk to private insurers and reinsurers. Rob Schaefer, Vice President of Capital Markets at Fannie Mae, expr...

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