To assist renters in multifamily units and support Fannie Mae-financed multifamily property owners experiencing difficulties during this period of financial uncertainty, Fannie Mae today announced updated renter protections and forbearance extensions for borrowers.
Fannie Mae (FNMA/OTCQB) today reported its first quarter 2020 financial results and filed its first quarter 2020 Form 10-Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended March 31, 2020.
Fannie Mae announced today that it has completed its first multi-tranche Multifamily Credit Insurance Risk Transfer (MCIRT™) transaction of 2020 covering a pool of approximately $8.7 billion of existing multifamily loans in the company's portfolio.
Fannie Mae announced that it has completed its third and final multi-tranche Multifamily Credit Insurance Risk Transfer transaction of 2019 covering a pool of approximately $9.9 billion of existing multifamily loans in the company's portfolio.