Fannie Mae stepped up to bat with a rated version of the risk share security first introduced to the market in July by Freddie Mac. Fitch Ratings assigned the deal ‘BBB-’.

Fannie will transfer credit risk on a $28 billion pool of mortgage loans currently held in previously issued MBS guaranteed by Fannie Mae, to private investors.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.