Yet another of the series of pension risk transfer suits has been dismissed, with a federal judge concluding that the plaintiffs lack a current/imminent injury to justify the suit.
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 ...
Freddie Mac has reported that its Single-Family credit risk transfer (CRT) program issued nearly $5.1 billion in 2025, ...
Sponsors of defined-benefit pension plans contemplating taking steps to de-risk their plans should consider recent guidance from the U.S. Department of Labor’s (DOL) Employee Benefits Security ...
GE is facing a proposed class-action lawsuit over its transfer of $1.7 billion in pension liabilities to an insurance company. The company is the latest among several large companies sued over similar ...
Over the last several years, numerous large pension plan sponsors have transferred billions of dollars in financial risk related to their pension plan benefit obligations to insurance companies ...
Less than two weeks after the first lawsuits over pension risk transfers were filed, one firm appears to be preparing another case – against aluminum company Alcoa. As of mid-2022, Alcoa had ...
Learn about finite risk insurance, its types, how it works, benefits, and criticism to make informed financial decisions and ...
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 ...
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 ...
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 ...