Fannie Mae Priced $381 Million Multifamily Social DUS REMIC (FNA 2022-M1S) Under Its GeMS Program
WASHINGTON, July 6, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced a $381 million Multifamily Social DUS REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program on June 23, 2022.
- WASHINGTON, July 6, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced a $381 million Multifamily Social DUS REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program on June 23, 2022.
- FNA 2022-M1S marks the sixth Fannie Mae GeMS issuance of 2022.
- "The M1S is our first social GeMS of 2022 and the third in GeMS history," said Dan Dresser, Senior Vice President, Multifamily Capital Markets and Pricing, Fannie Mae.
- "The collateral backing the M1S reflects the social criteria in our Sustainable Bond Framework, in support of affordable housing," said Lisa Bozzelli, Senior Director, Multifamily Capital Markets, Fannie Mae.