The transaction was secured by interests in a portfolio of eleven planned communities under development across Texas. As scrutiny of lenders with high concentrations in commercial real estate loans ...
CIRT 2023-2 and CIRT 2023-3 transferred a combined $926 million of mortgage credit risk to private insurers and reinsurers. Fannie Mae said Monday it has executed two credit insurance risk 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 ...
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 ...
Fannie Mae (OTCQB:FNMA) said Friday it executed its fourth credit insurance risk transfer transaction of 2023, transferring $501.6M of mortgage credit risk to private insurers and reinsurers. Since ...
A veteran of alternative investment management has started pitching a new type of securitization he says would allow banks to cut the carbon footprint of their balance sheets. Andrew Hohns, a former ...
Banks that have entered into billions of dollars of credit-linked notes transactions or gotten approval to do so recently include U.S. Bancorp in Minneapolis, Huntington Bancshares in Columbus, Ohio, ...
An expert Q&A on the impact of legislation informally known as the One Big Beautiful Bill Act (OBBBA) (Pub. L. 119-21) on the tax credit transfer market and the practical implications for project ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The European Central Bank has warned that it will take action if Eurozone lenders try to reduce their capital ...