2.28.22
Fannie Mae, set to complete its first scheduled Connecticut Avenue Securities sale of 2022, had postponed for a week due to market volatility caused by the Russian invasion of Ukraine. This Credit Risk Transfer (CRT), a securitization tied to mortgages that meet GSE standards but that are not guaranteed, has increased the role of private capital by transferring “$770.7 million of mortgage credit risk to private insurers and reinsurers.”