Fannie Maes First Risk-Sharing Securitization Sized At $675m, GSE Promises Updates on Deal Structure
October 4, 2013
Fannie Mae plans to issue a $675 million risk-sharing securitization in a transaction that likely will hit the market by mid-October, according to potential investors who were briefed on the government-sponsored enterprises plans. Market participants said Fannie has contemplated issuing two such transactions by year-end, but the company isnt talking about specifics, at least not yet. Still, the GSE is laying...