Items Tagged with 'CIRT Program'

ARTICLES

  • Fannie Mae now offering new risk-sharing option for multifamily loans

    GSE now selling credit insurance risk transfers to offload risk and attract new capital sources
    Fannie Mae just rolled out its first credit insurance risk transfer program in the multifamily industry. The first transaction under the new program was announced last week, an $11.1 billion CIRT transaction covering multifamily loans originated between October 2017 and January 2018 and deferring that risk to seven undisclosed insurers and reinsurers.
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  • Fannie Mae makes more information available for risk-sharing investors

    Will now make monthly loan-level disclosure data on for CIRT deals
    A recent report suggested that the government-sponsored enterprises’ risk-sharing deals will be a big target for investors in 2018. In order to provide investors with as much detail as possible, Fannie Mae announced this week that it is making additional disclosures about some of its risk-sharing deals.
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