Fannie Mae’s latest risk-sharing transaction is a reinsurance policy.

The Credit Insurance Risk Transfer (CIRT) 2015-1 shifts the risk of default on a $4.68-billion pool of residential mortgages to an unnamed panel of reinsurers.

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.