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Fannie Mae News

Fannie Mae provides easy access to its Financial News, Corporate News, Statements, and Speeches. Below, select the year, month, and type of news that you would like to view. You may also add keywords.

Results 71 - 80 of 87Date

November 19, 2019

Fannie Mae announced today its 2020 Connecticut Avenue Securities (CAS) Issuance Calendar as part of continued efforts to ensure transparency in the market. Fannie Mae has the option to issue, or forgo issuance of, one or more CAS deals during each window.

November 6, 2019

Fannie Mae announced today that it has completed its seventh Credit Insurance Risk Transfer (CIRT) transaction of 2019, covering loans previously acquired by the company. The deal, CIRT 2019-4, covers $10.5 billion in unpaid principal balance of 21-year to 30-year original term fixed rate loans, as…

October 29, 2019

Fannie Mae priced Connecticut Avenue Securities (CAS) Series 2019-R07, a $998 million note offering. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.

October 24, 2019

Fannie Mae priced its first Multifamily Connecticut Avenue Securities (MCAS) transaction as part of the company's ongoing efforts to expand the types of loans covered and promote the continued growth of the credit risk transfer market.

October 2, 2019

Fannie Mae's multifamily CIRT program shares risk with diversified reinsurer and insurer counterparties. It supplements our Delegated Underwriting and Servicing (DUS) program where originating lenders routinely share approximately one-third of the credit risk on multifamily loans.

October 2, 2019

With the completion of this transaction, Fannie Mae will have brought 36 CAS deals to market, issued $42 billion in notes, and transferred a portion of the credit risk to private investors on more than $1.3 trillion in single-family mortgage loans, measured at the time of the transaction. Since…

October 1, 2019

To date, Fannie Mae has committed to acquire approximately $10 billion of insurance coverage on $375 billion of single-family loans through the CIRT program, measured at the time of issuance for both post-acquisition (bulk) and front-end transactions.

July 30, 2019

Fannie Mae priced Connecticut Avenue Securities (CAS) Series 2019-R05, a $993 million note offering that represents Fannie Mae's latest CAS REMIC™ transaction. CAS is Fannie Mae's benchmark issuance program designed to share credit risk on its single-family conventional guaranty book of business.

July 29, 2019

With this new CIRT transaction, Fannie Mae has transferred to a panel of insurers and reinsurers additional credit risk beyond that absorbed by the lender repurchase obligation.

July 10, 2019

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