Volume 2014 - Number 35
September 19, 2014
Fannie Mae, Freddie Mac Multifamily Business Way Behind Last Year’s Pace
Fannie Mae and Freddie Mac were both active this week with multifamily MBS transactions, but they’ll have to double-time it if they plan to match last year’s levels. The odds are against them. Fannie’s multifamily new business volume came to $13.8 billion through August 2014, compared with $20.4 billion the year before. The government-sponsored enterprise would have to crank out another $15 billion in the last four months of 2014 to match the 2013 total of $28.8 billion. For rival Freddie, multifamily new business activity totaled...
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This weekly covers the secondary mortgage market, including mortgage-backed securities and asset-backed securities.
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