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 ...
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 ...
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 ...
Learn how credit default insurance protects against borrower default risks through credit derivatives like swaps, helping investors manage credit exposure efficiently.
[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 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, ...
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 ...
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 ...
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 ...
Holly Johnson is a credit card expert and writer who covers rewards and loyalty programs, budgeting, and all things personal finance. In addition to writing for publications like Bankrate, CreditCards ...