Thursday, December 1, 2022 | The Latest Buzz for the Appraisal Industry

Fannie Mae Prices $392 Million Multifamily Social DUS REMIC

Fannie Mae has priced a $392 million Multifamily Social DUS REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS) program on October 27, 2022. FNA 2022-M2S marks the eighth Fannie Mae GeMS issuance of 2022.

“We wrapped up October with the M2S, our second social GeMS of 2022,” says Dan Dresser, senior vice president of multifamily capital markets and pricing at Fannie Mae. “Despite the challenging market conditions, the benchmark 10-year fixed-rate