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

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.