Fannie Prices Fourth DUS REMIC of 2013

Fannie Mae has priced its fourth multifamily DUS REMIC in 2013 under its Guaranteed Multifamily Structures program.

“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 in a press release.

The size of the deal, $911.4 million, and the timing of its pricing were similar to a March deal’s. (For more details on the latest deal, click on the Related Graphic to access a table of pricing information.)

All classes of FNA 2013-M5 are guaranteed by Fannie Mae with respect to the full and timely payment of interest and principal.