Fannie Mae continues shifting credit risk to insurers: As part of its effort to reduce the taxpayers’ burden, Fannie Mae announced Friday that it completed its fifth and sixth credit risk-sharing transactions as part of its Credit Insurance Risk Transfer program. Through these latest deals, Fannie Mae said that it has acquired more than $800 million of insurance coverage on over $32 billion of loans this year. http://www.housingwire.com/articles/35662-fannie-mae-continues-shifting-credit-risk-to-insurers
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