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Fannie Mae Executes First Credit Insurance Risk Transfer Transaction of 2022 on $26 Billion of Single-Family Loans

Fannie Mae Executes First Credit Insurance Risk Transfer Transaction of 2022 on $26 Billion of Single-Family Loans

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WASHINGTON, Feb. 28, 2022 /PRNewswire/ — Fannie Mae (OTCQB: FNMA) announced today that it has executed its first Credit Insurance Risk Transfer™ (CIRT™) transaction of 2022. CIRT 2022-1 covers $26.1 billion in unpaid principal balance (UPB) of generally 30-year original term, fixed-rate loans, acquired between January 2021 and March 2021.

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