Fannie Mae planning first actual loss credit risk-sharing deal

Our credit risk-sharing transactions are structured so that if the covered loans experienced the same stress scenario as in the most recent housing crisis, Fannie Mae’s projected loss exposure would be limited to a relatively small piece of credit risk retained by the company.

In addition, the company for the first time is selling a portion of the first loss position, further reducing taxpayer exposure to credit losses. "Fannie Mae continues to focus on the long term strength and stability of our Connecticut Avenue Securities program," said Laurel Davis, vice president of credit risk transfer, Fannie Mae.

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The hot topic is risk sharing. Fannie Mae’s 1st Connecticut Avenue Securities transaction structured using an actual loss framework, Fannie said in statement. Fannie has completed 9 CAS deals,

The latest transaction, CIRT-2015-2, became effective on July 1, 2015, with Fannie Mae retaining the risk for the first 50 basis points of loss on an $8.1 billion pool of loans. Read More

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WASHINGTON, Nov. 17, 2016 /PRNewswire/ — fannie mae fnma, +7.56% announced today that it has completed its 10 [th] Credit Insurance Risk Transfer (CIRT) transaction of 2016. This deal. risk for.

As the CIRT program continues to grow, Fannie Mae remains committed to increasing liquidity in the risk-sharing market through the regularity and transparency of our credit risk. retain risk for.

The deal. in the risk-sharing market through the regularity and transparency of our credit risk transfer transactions." In CIRT 2018-8, which became effective September 1, 2018, Fannie Mae will.

December 10, 2014. Fannie Mae Taps Reinsurance Industry in New Risk Sharing Transaction Callie Dosberg 202-752-3117. WASHINGTON, DC – Fannie Mae (FNMA/OTC) announced today that it has completed a new credit risk sharing transaction that further diversifies its counterparty exposure and reduces taxpayer risk by increasing the role of private capital in the mortgage market.

additional units and changes in acuity. Fannie Mae’s dedicated Asset Management team can work with you to modify your loan or Credit Facility seamlessly. And, streamlining deal closing is easy when you combine Fannie Mae’s delegation with our Seniors Housing Lenders and the flexibility of our customized loan

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WASHINGTON, Oct. 2, 2018 /PRNewswire/ — Fannie Mae FNMA, +1.71% priced its sixth credit risk sharing transaction of 2018 under its Connecticut Avenue Securities [] (CAS) program.