A recent Fannie Mae multifamily DUS REMIC that had two additional types of tranches not normally included in past deals brought in a slightly higher percentage of new investors than usual.

Kimberly Johnson, vice president of multifamily capital markets for the GSE, told National Mortgage News that about 25% of the 26 investors in the $789 million deal had never before bought any delegated underwriting and servicing REMICs—or other types of resecuritizations—under Fannie’s Guaranteed Multifamily Structures program before.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.