WASHINGTON, DC—Earlier this week we reported thatFreddie Mac's multifamily originations have been low,comparatively speaking, for 2014 but that the agency'sMitchell Resnick believed that they would start toincrease as the year went on.
Fannie Mae is reporting its own issuance figures that supportthis view.
The GSE reported a 30% quarter over quarter increase in MBSissuance in the second quarter of 2014, with approximately $4.6billion. It also resecuritized $3.2 billion of DUS MBS throughthree Fannie Mae GeMS REMIC transactions this quarter.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
