Thursday, April 21, 2016

Fannie Mae shifts more credit risk to insurers with latest deal

Fannie Mae announced Thursday that it completed its latest effort to shift some of its credit risk away from the taxpayers and onto private insurers. The latest deal, CIRT 2016-3, is Fannie Mae’s 10th Credit Insurance Risk Transfer deal since the program began in 2013. http://www.housingwire.com/articles/36862-fannie-mae-shifts-more-credit-risk-to-insurers-with-latest-deal ❤️ #share #mortgage



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