Fannie Mae Executes its Fifth Credit Insurance Risk Transfer Transaction of 2024 on $8.2 Billion of Single-Family Loans

July 1, 2024

WASHINGTON, July 1, 2024 /PRNewswire/ — Fannie Mae (OTCQB: FNMA) announced today that it has executed a new Credit Insurance Risk Transfer™ (CIRT™) transaction. CIRT 2024-L3 transferred $337.2 million of mortgage credit risk to private insurers and reinsurers.

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