The ECB said it would guard against “undue risk-taking and a weakening of resilience” from banks’ surging issuance of a securitisation product known as significant risk transfer (SRT), in which ...
WASHINGTON, Oct. 25, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed its seventh Credit Insurance Risk Transfer™ (CIRT™) transaction of the year. CIRT 2024-L4 ...
Since its inception, Freddie Mac’s Single-Family CRT program has transferred approximately $118 billion of credit risk on ...
Ally Financial has joined the ranks of banks doing deals known as synthetic credit-risk transfers. These deals—for a price—might make lenders look less risky for certain purposes. They don’t transfer ...
Learn how credit default insurance protects against borrower default risks through credit derivatives like swaps, helping investors manage credit exposure efficiently.
[Update 1: An earlier version of this article stated Senator Mike Crapo was from Indiana. It is now corrected to say Idaho.] A bipartisan group of Senate Banking Committee members wrote a letter ...
WASHINGTON, Oct. 10, 2024 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) announced today that it has executed a new Credit Insurance Risk Transfer™ (CIRT™) transaction. CIRT 2024-H3 transferred $160.9 ...