Fannie Mae Prices $1.03 Billion Multifamily DUS REMIC Under Its GeMS Program
March 21, 2017
March 21, 2017
WASHINGTON, March 21 -- Fannie Mae issued the following corporate news release:
Fannie Mae (FNMA/OTC) priced its third Multifamily DUS(R) REMIC in 2017 totaling $1.03 billion under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program on March 16, 2017.
"Investors had to contend with a snowstorm, a Fed rate hike, and their basketball brackets this week." said Josh Seiff, Fannie Mae's Vice President of Capital Markets and Trading. " . . .
Fannie Mae (FNMA/OTC) priced its third Multifamily DUS(R) REMIC in 2017 totaling $1.03 billion under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program on March 16, 2017.
"Investors had to contend with a snowstorm, a Fed rate hike, and their basketball brackets this week." said Josh Seiff, Fannie Mae's Vice President of Capital Markets and Trading. " . . .