New & Insights
News & Insights

Multifamily in the News

Stay up-to-date on all the new and exciting events happening at Fannie Mae!

March 1, 2023

Fannie Mae Partners with Multifamily Industry to Launch 2023 Multifamily Energy and Water Survey

Survey will collect energy and water cost and consumption data to update the 1-100 ENERGY STAR Score and EPA’s Water Score for Multifamily Housing

February 14, 2023

Fannie Mae Reports Net Income of $12.9 Billion for 2022 and $1.4 Billion for Fourth Quarter 2022

Fannie Mae today reported its fourth quarter and full-year 2022 financial results and filed its 2022 Form 10-K with the Securities and Exchange Commission.

January 27, 2023

Fannie Mae Multifamily Closes 2022 With $69 Billion in Volume

Fannie Mae’s Multifamily Financing Provided Continued Support for Affordable Housing and Other Market Segments

December 22, 2022

Fannie Mae Announces Replacement Rates for Legacy LIBOR Products

Fannie Mae (FNMA/OTCQB) today announced the replacement indices for the legacy LIBOR loans and securities for which Fannie Mae is responsible for selecting the replacement index. The replacement indices, outlined below, are the benchmark replacements recommended by the Federal Reserve Board and are based on the Secured Overnight Financing Rate (SOFR).

November 8, 2022

Fannie Mae Reports Net Income of $2.4 Billion for Third Quarter 2022

Fannie Mae (FNMA/OTCQB) today reported its third quarter financial results and filed its third quarter 2022 Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended September 30, 2022.

November 3, 2022

Fannie Mae Priced $392 Million Multifamily Social DUS REMIC (FNA 2022-M2S) Under Its GeMS Program

Fannie Mae 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.

September 29, 2022

Fannie Mae announces Priscilla Almodovar as Chief Executive Officer

Fannie Mae today announced that it has appointed Priscilla Almodovar as Chief Executive Officer (CEO) and member of the Board of Directors, effective December 5, 2022. Almodovar will succeed David C. Benson, who has served as Interim CEO and a member of the Board of Directors since May 2022. After her arrival, Benson will continue in his role as President.

September 27, 2022

Fannie Mae Launches Rent Payment Reporting Program to Help Renters Build Credit

Fannie Mae Takes Another Step to Bolster Equitable Access to Credit for More Consumers

September 14, 2022

Fannie Mae Priced $604 Million Multifamily DUS REMIC (FNA 2022-M13) Under Its GeMS Program

Fannie Mae (FNMA/OTCQB) priced a $604 million Multifamily DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on September 8, 2022. FNA 2022-M13 marks the seventh Fannie Mae GeMS issuance of 2022.

July 29, 2022

Fannie Mae Reports Net Income of $4.7 Billion for Second Quarter 2022

Fannie Mae Reports Net Income of $4.7 Billion for Second Quarter 2022

July 6, 2022

Fannie Mae Priced $381 Million Multifamily Social DUS REMIC (FNA 2022-M1S) Under Its GeMS Program

Fannie Mae (FNMA/OTCQB) priced a $381 million Multifamily Social DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on June 23, 2022. FNA 2022-M1S marks the sixth Fannie Mae GeMS issuance of 2022.

May 17, 2022

Fannie Mae Priced $720 Million Multifamily DUS REMIC (FNA 2022-M10) Under Its GeMS Program

Fannie Mae priced a $720 million Multifamily DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on May 11, 2022. FNA 2022-M10 marks the fifth Fannie Mae GeMS issuance of 2022.

May 3, 2022

Fannie Mae Reports Net Income of $4.4 Billion for First Quarter 2022

Fannie Mae today reported its first quarter financial results and filed its first quarter 2022 Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended March 31, 2022.

April 18, 2022

Fannie Mae Priced $736 Million Multifamily DUS REMIC (FNA 2022-M8) Under Its GeMS Program

Fannie Mae priced a $736 million Multifamily DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on April 11, 2022. FNA 2022-M8 marks the fourth Fannie Mae GeMS issuance of 2022.

April 4, 2022

Fannie Mae Introduces Expanded Housing Choice Initiative to Increase Access to Affordable Housing for Voucher Holders

Lower Financing Costs Offered to Property Owners Who Accept Federal Housing Choice Vouchers in North Carolina and Texas

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