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 ...
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 ...
MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) has tightened rules on how banks can offset credit risk from loans guaranteed within a banking group, introducing a risk-weighted cap to ...
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 ...
THE BANGKO SENTRAL ng Pilipinas (BSP) is now allowing guarantees issued between a bank’s head office and its branches or ...
CARMEL, Ind., Aug. 1, 2024 /PRNewswire/ -- (Nasdaq: MBIN) Leading financial services provider Merchants Capital today announced the execution of a $543.5 million Credit Risk Transfer (CRT), secured by ...
UBS Group AG is considering bringing a synthetic credit risk transfer to the market, according to people with knowledge of the matter, amid Swiss reform proposals that could see the bank face higher ...
[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 ...
Banks’ willingness to provide financing to private credit funds is undermining the integrity of synthetic risk transfers (SRTs), according to the Financial Stability Board. SRTs allow banks to ...