Fannie Mae Prices $911.4 Million Multifami
Post# of 1629
Fannie Mae Prices $911.4 Million Multifamily DUS REMIC (FNA 2013-M5) Under Its Fannie Mae GeMS™ Program | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
WASHINGTON , April 19, 2013 /PRNewswire/ -- Fannie Mae (OTC Bulletin Board: FNMA) priced its fourth Multifamily DUS ® REMIC in 2013 totaling $911.4 million under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program on April 15, 2013 . "In a slight modification of our typical GeMS issuance, 2013-M5 was structured with a series of sequential tranches to meet investor demand on the shorter end of the curve," said Kimberly Johnson , Fannie Mae Senior Vice President of Multifamily Capital Markets. All classes of FNA 2013-M5 are guaranteed by Fannie Mae with respect to the full and timely payment of interest and principal. The structure details for the multi-tranche offering are included in the table below:
For additional information, please refer to the Fannie Mae GeMS REMIC Term Sheet (FNA 2013-M5) available on Fannie Mae's Basics of Multifamily MBS site at www.fanniemae.com. Certain statements in this release may be considered forward-looking statements within the meaning of federal securities laws. In addition, not all securities will have the characteristics discussed in this release. Before investing in any Fannie Mae issued security, you should read the prospectus and prospectus supplement pursuant to which such security is offered. You should also read our most current Annual Report on Form 10-K and our reports on Form 10-Q and Form 8-K filed with the U.S. Securities and Exchange Commission ("SEC") available on the Investor Relations page of our Web site at www.fanniemae.com and on the SEC's Web site at www.sec.gov . Fannie Mae enables people to buy, refinance , or rent a home. Visit us at: www.fanniemae.com/progress Follow us on Twitter: http://twitter.com/FannieMae SOURCE Fannie Mae Copyright 2013 PR Newswire |
Fannie Mae (FNMA) Stock Research Links
My Favorite Paid chat room with amazing chart setups is The Trading Stock Lounge http://www.thetradingstocklounge.com/