Fannies MF Issuance Backed by New Loans Tops $10 Billion in Quarter

Fannie Mae’s final numbers for multifamily securities issuance backed by new loans during the fourth quarter of 2012 are in, and top $10 billion for the period.

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This brings total issuance in this area for 2012 to $33.1 billion, confirming expectations that Fannie multifamily capital markets executive Kimberly Johnson shared earlier with this publication that it would easily exceed 2011’s $23.8 billion.

In addition to the multifamily securities backed by new loans, Fannie found it resecuritized a total of $13.9 billion in multifamily delegated underwriting and servicing mortgage-backed securities through its Guaranteed Mortgage Structures/Alternative Credit Enhancement Securities efforts in 2012.

Bonnie Sinnock

Capital Markets Editor

Bonnie Sinnock is National Mortgage News' Capital Markets Editor at Arizent and has worked for NMN and affiliated publications since 1995. Her... Read full bio

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