Fannie Mae (FNMA)
Today, FNMA has shed (-2.26%) down -0.03 at $1.30 with 3,848,659 shares in play thus far (ref. google finance Delayed: 1:52PM EDT September 27, 2013).
Fannie Mae previously priced its eighth Multifamily DUS® REMIC in 2013 totaling $1.09 billion under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on September 13, 2013.
“In September, we were able to use the structural flexibility of the GeMS program to help match up lender supply and investor demand,” said Josh Seiff, Fannie Mae Director of Multifamily Capital Markets. “Group 1 is backed by fixed-rate seasoned collateral which we structured into a capped floater and a par pass-through. Group 2 is backed by new production ten-year bonds which were structured into the Multifamily desk’s first discount pass-through tranche
Fannie Mae (FNMA) 5 day chart:
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