Fannie Mae executes its eleventh and final CIRT transaction of 2022

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Reinsurance News - Nov 23, 2022

Fannie Mae has executed its eleventh and final Credit Insurance Risk Transfer transaction of 2022, as part of its 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...

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