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WASHINGTON, Jan. 25, 2021 /PRNewswire/ Fannie Mae (OTCQB: FNMA) priced a $315 million Social Multifamily DUS
® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on January 21, 2021. FNA 2021-M1S is the first Fannie Mae Social GeMS issuance.
The issuance aligns with Fannie Mae s Sustainable Bond Framework, which governs Fannie Mae s commitment to adhering to international standards in its issuance of green, social, and sustainable bonds. In 2020, Fannie Mae received a second party opinion on its Sustainable Bond Framework from independent third-party Sustainalytics.
The framework builds on Fannie Mae s 32-year history of supporting multifamily affordable housing, 10-year history of multifamily green financing, and its expansion into single-family green MBS issuance in 2020. Last year, Fannie Mae s Multifamily business provided $7.8 billion in financing for rent-restricted properties and properties
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WASHINGTON, Jan. 21, 2021 /PRNewswire/ Fannie Mae (OTCQB: FNMA) today announced that Ryan A. Zanin is joining the company as its Executive Vice President and Chief Risk Officer, effective February 1, 2021. The role signifies the company s sustained commitment to risk management in its drive to create a stronger, more stable housing market.
Mr. Zanin is currently a member of Fannie Mae s Board of Directors. In connection with his appointment as the company s Chief Risk Officer, Mr. Zanin notified the company on January 20, 2021 of his resignation from Fannie Mae s Board, effective January 31, 2021. Ryan s appointment as Chief Risk Officer comes at a critical time for Fannie Mae. Risk management is a core function of managing our business. Filling this position with someone of Ryan s caliber is key to meeting our mission to sustainably serve lenders, homebuyers, and renters, and provide liquidity through all market cycles, said Hugh
Fannie Mae : Names Ryan A Zanin as Executive Vice President and Chief Risk Officer marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
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WASHINGTON, Jan. 19, 2021 /PRNewswire/ Fannie Mae (OTCQB: FNMA) announced today that since its return to the Low-Income Housing Tax Credit equity (LIHTC) market in 2018, it has provided $1.5 billion of equity investments to support the creation and preservation of 576 affordable properties. Fannie Mae s investments in 46 states and the District of Columbia are part of an ongoing commitment to affordable rental housing in underserved markets.
Fannie Mae investments have enabled the preservation and production of LIHTC properties with a focus on underserved populations (Native American and farmworker communities), underserved markets, supportive housing developments, and disaster impacted areas.
Fannie Mae Multifamily Closes 2020 With Record Volume of $76 Billion
Fannie Mae Fulfills its Mission in Supporting the Multifamily Market Amid Pandemic-Driven Disruptions to Economy and Financial Markets
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WASHINGTON, Jan. 14, 2021 /PRNewswire/ Fannie Mae (OTCQB: FNMA) provided $76 billion in financing to support the multifamily market in 2020, the highest volume in the history of its 32-year-old Delegated Underwriting and Servicing (DUS
®) program. During a year of pandemic-related disruptions to the nation s economy and financial markets, Fannie Mae supported the needs of multifamily borrowers while increasing its commitment to affordable housing. Fannie Mae continued to play an important role as a source of financing for multifamily rental housing at a time when borrowers and their tenants faced unprecedented challenges, said Michele Evans, Executive Vice President of Multifamily, Fannie Mae. Working with our DUS l