Not exact matches
Commercial mortgage - backed securities (CMBS)
conduits funded a spike in commercial /
multifamily loans, as reported by survey respondents.
2017, Fannie Mae issued more than $ 27.6 billion in single -
loan green MBS and another $ 3.4 billion in green real estate mortgage investment
conduits, or REMICs, via Fannie Mae's Guaranteed
Multifamily Structures (GeMS) program — making the GSE one of the largest global issuers of green securities.
Higher interest rates for commercial and
multifamily financing this summer had the greatest effect on lenders who securitize
loans through the capital markets, such as
conduit lenders who bundle
loans into CMBS pools and Fannie Mae and Freddie Mac lenders.