Trending Thursday: Housing, mortgage finance getting a break from Washington?

Trending Thursday: Housing, mortgage finance getting a break from Washington?

Plus untying Fannie, Freddie and the whole Gordian knot of conservatorship

Existing home sales crater in April, falling 3.3%

Spring buying stalls out after strong March performance

It's official: NYDFS Superintendent Ben Lawsky stepping down

4 years as leader of “long reach” New York financial regulator
W S
Investments / The Ticker

Fannie Mae dishes out $28.5 billion in multifamily MBS

2013 posts strong year

balance money and clock

Fannie Mae issued approximately $28.5 billion in multifamily mortgage-backed securities in 2013, completing the year with multifamily MBS issuance of $7 billion in the fourth quarter, the government-sponsored enterprise said.

Last year, Fannie Mae issued $33.1 billion total in MBS issuance and resecuritized $2.3 billion of DUS MBS through the Fannie Mae Guaranteed Multifamily Structures program in the fourth quarter.

"It was a successful year for the DUS program with MBS issuance reaching $28.5 billion," said Manny Menendez, senior vice president of multifamily capital markets & pricing with Fannie Mae. 

"We continued to expand the investor base for DUS through the issuance of GeMS, which had a record year with $10.2 billion of total issuance. We are looking forward to another strong year in 2014."

Recent Articles by Brena Swanson

Comments powered by Disqus