Wednesday, November 9, 2011

Fannie Mae Prices $719 Million Multifamily DUS REMIC Under Its GeMS(tm) Program

WASHINGTON, November 9, 2011 /PRNewswire/ -- Fannie Mae (OTC Bulletin Board: FNMA) priced its seventh Multifamily DUS REMIC in 2011 totaling $719 million under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS ™ ) program on November 8, 2011. "The deal cleared quickly and priced well. Demand for securities with high credit quality and low spread volatility remains strong. We continue to see new participants investing in Agency CMBS," said Kimberly Johnson, Vice President of M...continued
 

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