Fannie Mae acquires mortgage loans from lenders and securitizes a substantial majority of those loans into different security formats. Fannie Mae's Multifamily MBS Issuance Hits $16.7 Billion Through the Third Quarter, on Pace to Cross the $20 Billion Threshold This Year; October 14, 2011. Our loans are securitized on a single-asset basis, providing creative structuring flexibility.Our Delegated Underwriting and Servicing (DUS) MBS is like no other security in the marketplace. DUS MBS offer Fannie Mae’s guaranty of timely payment of principal and interest. Fannie Mae creates DUS MBS supported by loans on multifamily properties with a minimum of five units. DUS MBS offer Fannie Mae’s guaranty of timely payment of principal and interest. A Fannie Mae Multifamily MBS that can be used as collateral to credit enhance either (i) existing fixed-rate bond refundings, or (ii) new fixed-rate bond issues in conjunction with 4% Low-Income Housing Tax Credits (LIHTC). CICERO issued a Second Opinion and found that the framework aligns with ICMA's Green Bond Principles, an internationally recognized standard for Green Bonds.
A historical view of Fannie Mae’s monthly Multifamily MBS issuances and loan purchases, total Multifamily MBS outstanding, as well as our monthly issuances of Multifamily structured securities. Fannie Mae Prices Its 100th Multifamily GeMS DUS REMIC ($870 Million FNA 2020-M34) June 30, 2020 . Our Multifamily MBS is like no other security in the marketplace.. Investors trust our unique risk-sharing model, creating demand that translates into certainty of execution for multifamily borrowers. Fannie Mae Multifamily Reports Net Income for Q2 2020. In June 2018 Fannie Mae engaged the Center for International Climate Research (CICERO) to review our Multifamily Green Bond framework. Structured Transactions. Structured Transactions and Supers » Fannie Mae Supers ™ (Supers) are single-class pass-through, 55-day TBA-eligible securities in which the underlying collateral are groups of existing UMBS and/or Supers. Fannie Mae Reports Net Income of $2.5 Billion for Second Quarter 2020. Fannie Mae Issued Taxable and Tax-Exempt Bonds for Financing the Rehabilitation of Affordable Multifamily Developments. Single-Family MBS: Creating a Single-Family Mortgage-Backed Security ("MBS") begins with a group of mortgage loans.The loans are underwritten by lenders to borrowers to finance properties with one- to four residential units. If you're an investor looking to rehabilitate a Multifamily Affordable Housing (MAH) development, the Fannie Mae MBS as Tax-Exempt Bond Collateral (M.TEB) could be a great solution. Most of our MBS are backed by a single loan on a multifamily asset. Investors know that lenders believe in the credit-quality of their production because they retain a portion of the risk.Reasons investors value our Multifamily MBS and Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program:We’ve traded our Multifamily MBS for more than 20 years, and that track record matters. For Multifamily MBS collateralized by one of Fannie Mae’s Multifamily Green loans, property owners are required to report the property's annual ENERGY STAR® Score 1 and Source Energy Use Intensity (EUI) for tracking of energy performance metrics over the life of the loan. A Multifamily MBS may be backed by fixed-rate mortgage loans or adjustable-rate mortgage loans but will not be backed by both fixed-rate and adjustable-rate loans. Search by: Most of our MBS are backed by a single loan on a multifamily asset.