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 ...

Learn how credit-linked notes (CLNs) work as financial instruments that embed credit default swaps, enabling issuers to ...

CRTs have changed since the financial crisis. But the eventual credit cycle turn is likely to show again that weaker banks' CRT use merely transformed, but did not eliminate, risk, writes Jill Cetina.

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 ...

[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 ...

Ally Financial ALLY0.35%increase; up pointing triangle 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 ...