Fannie Mae executes fourth CIRT transaction of 2023
Reinsurance News - May 03, 2023
Fannie Mae has executed its fourth Credit Insurance Risk Transfer (CIRT) transaction of 2023. As part of Fannie Mae’s ongoing effort to reduce taxpayer risk by increasing the role of private capital in the mortgage market, CIRT 2023-4 transaction transferred $501.6 million of mortgage credit risk to...
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