Category: Capital Relief Trades
Fannie Mae is back in the market only five days after the Federal Housing Finance Authority (FHFA) released a proposal to significantly alter the capital treatment of CRT debt
The GSE has announced that it will recommence issuance of CAS bonds next month after an absence of 19 months.
CAS issuance will be accompanied by credit insurance risk transfer (CIRT) deals and multi family credit risk insurance (MCIRT) deals.
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