Fannie Mae executes its final CIRT transaction of 2023

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Reinsurance News - Nov 21, 2023

The Federal National Mortgage Association, (Fannie Mae) has executed its ninth and final Credit Insurance Risk Transfer (CIRT) transaction of 2023, transferring $270.7 million of mortgage credit risk to private insurers and reinsurers. Year to date, the firm has acquired approximately $3.66 billion ...

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