Fannie Mae offloads $205 million in credit risk to insurers in new deal

Fannie Mae announced Thursday that it is shifting some of its credit risk away from taxpayers and onto private insurers in the latest deal from its Credit Insurance Risk Transfer program. In this deal, Fannie Mae is shifting some of the credit risk on an $11.7 billion pool of loans to various insurers. http://www.housingwire.com/articles/38555-fannie-mae-offloads-205-million-in-credit-risk-to-insurers-in-new-deal ❤️ #share #mortgage

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