Fannie Mae Prices a $718.5 Million Multifamily DUS REMIC (FNA 2019-M4) Under Its GeMS Program

WASHINGTON, March 22, 2019 /PRNewswire/ — Fannie Mae (OTCQB: FNMA) priced its third Multifamily DUS® REMIC in 2019 totaling $718.5 million under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on March 21, 2019. “In a week marked by heavy new issuance, a rate rally, and end-of-quarter portfolio constraints, we were pleased that so many of our GeMS investors were able to participate in this month’s transaction,” said Dan Dresser, Vice President, Multifamily Capital Markets & Credit Pricing. “The M4 included a group of ARM 7-6 collateral – a floating-rate product designed for smaller borrowers. Our ability to successfully ...

Gepostet in der Kategorie Wirtschaft (Anzahl der ansichten:) 2

Ähnlich Nachrichten