Fannie Mae announced the execution of its fifth Credit Insurance Risk Transfer (CIRT) transaction of 2022 in the amount of $21 billion. Effective April 1, Fannie Mae will retain risk for the first 65 basis points of loss on the $21 billion covered loan pool. If the $136.2 million retention layer is exhausted, 22 insurers …
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This article is featured in the 2023 edition of the Appraisal Buzz Magazine. Some other features we have in our magazine include Buzztoon comics, as
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