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Fannie Mae Prices Fourth GeMS of 2022 with $736 Million Multifamily DUS REMIC

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

“With the M8, we were able to include a small group of our ARM 7-6 collateral, which is a 7-year, SOFR-based floater with a 6 percent cap on the pass-through rate,” states Dan Dresser, senior vice president of multifamily capital markets and

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