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 ...
Single-Family credit risk transfer (CRT) issuance was nearly $5.1 billion in 2025. Issuance for the year included five STACR ® (Structured Agency Credit Risk) and six ACIS ® (Agency Credit Insurance ...
The transaction was secured by interests in a portfolio of eleven planned communities under development across Texas. A financial tool that has made waves in recent years could resurge with a ...
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 ...
[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 ...
Learn how credit default insurance protects against borrower default risks through credit derivatives like swaps, helping investors manage credit exposure efficiently.
JPMorgan Chase & Co. plans to sell credit risk on a $531 million portfolio of adjustable-rate mortgages, a new kind of offering by the bank and the latest example of the industry’s efforts to de-risk ...
A credit default swap (CDS) is a contract that protects lenders from borrower default. Learn how a CDS works, why they’re ...
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 ...