General World News

Fannie plans $15B in CRT deals in 2022

HW+ Fannie Mae

Fannie Mae opened 2022 with its 45th credit-risk transfer (CRT) deal through its Connecticut Avenue Securities (CAS) real estate mortgage investment conduit, or REMIC, bringing the collective value of notes issued through the conduit to nearly $52 billion since the first offering in 2013.

The 45 CAS deals involved credit-risk transfer (CRT) notes issued to private investors against reference loan pools of single-family mortgages valued collectively as of the time of the transactions at just under $1.7 trillion. The initial deal of 2022 is the start of what is expected to be a busy year For details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com