heres-why-federal-national-mortgage-assctn-fnni-me-and-freddie-mac-fmcc-sto

Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) Announces To Price Multifamily DUS REMIC

The late positive movements in the global markets have prompted Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) to announce its new offering. As per the report, the company has decided to price Multifamily REMIC product named FNA 2015-M4 under the renowned program Fannie Mae GeMS. The total value of this product has been kept as much as $1.06 Billion.

Insights On the Matter:

The announcement has come at a time when the global financial market is going through a transition phase. Experts claim that the conditions will improve in the near future, which is why this type of products will prove to be a good investment. Josh Seiff, who heads the Trading and Capital Market Segment at Fannie Mae, considers it a perfect time for the company to come up with such an option.

According to him, global market conditions are in support of high quality and short duration paper market. He states that the bid for the same is very high in the market and with time, it will move up. If one pays a close heed to the companies around the world that are offering CRE lending program, then he can easily figure out that Fannie Mae’s program is much better than other companies. It’s the only lending program that has a complete risk retention feature installed in it.

It doesn’t only provide risk protection, but also introduces transparency by aligning lenders with investors. They both can have clarity about all the matters and eliminate the difference. Fannie Mae has decided to guarantee all the classes of FNA 2015-M4 program and has assured the investors that they will get paid their principal amount and interest on the given date every month. The company has filed Form 10-K, Form 8-K, and Form 10-Q with SEC; therefore investors can grab the additional information about the program without any hassle.

Related News

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyrıght 2015 traders350.com. All RIGHTS RESERVED.