Fannie issues breakout multifamily credit insurance risk deal

Fannie Mae has issued a credit insurance risk transfer (CIRT) deal tied to an $11bn pool of multifamily loans, kicking off what the government-sponsored enterprise says will be a regular issuance program going forward.

  • By Max Adams
  • 06 Sep 2018
While the deal is not the first multifamily credit insurance risk offering — the GSE tested the market with two smaller deals in 2016 and 2017 — it is the first widely marketed issuance and effectively announces Fannie’s expansion of its single family credit risk transfer program into ...

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3 Lloyds Bank 5,761 18 8.38
4 Citi 5,606 15 8.15
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