HousingWire reveals the 50 fastest-growing companies in housing economy

HousingWire reveals the 50 fastest-growing companies in housing economy

Inaugural 2014 HW Fast50 ranks public, private companies on revenue growth

Chinese investors remain an X Factor for the US housing market

So what does this mean for homeowners and buyers?

Judge throws out Fannie and Freddie investors’ lawsuit

Decision favors Federal government
W S

Fannie Mae multifamily MBS issuance surpasses 2010 levels

/ Print / Reprints /
| Share More
/ Text Size+
Fannie Mae, the largest provider of multifamily mortgage financing, issued $16.7 billion in multifamily mortgage-backed securities in the first nine months of 2011, bypassing total issuance for 2010. To date, the government-sponsored enterprise is on pace to issue $20 billion multifamily MBS by year-end. The GSE provides liquidity to the markets by securitizing multifamily loans creating cash flow through investors. In the first nine months of 2011, Fannie re-securitized $4.1 billion of delegated underwriting and servicing MBS. "Given the volatile market environment, agency CMBS is thriving. Fannie Mae’s total activity, including MBS issuance, GeMS issuance and portfolio sales was the highest of any quarter this year. Over the past two years, we have seen a significant increase in securities available for trading. Our multifamily MBS outstanding now exceeds $90 billion," said Kimberly Johnson, vice president of multifamily capital markets. In just the third quarter of 2011, new multifamily MBS business volumes at Fannie grew to $6.4 billion. Write to Kerri Panchuk.

Recent Articles by Kerri Panchuk

Comments powered by Disqus