Fannie Mae, Freddie Mac Discuss Securities Offerings With NAREIT Mortgage REIT Council

On June 15, NAREIT’s Mortgage REIT Council hosted a conference call for council members with senior executives from Freddie Mac and Fannie Mae to discuss proposed enhancements to their credit risk-transfer (CRT) securities offerings.

The discussion covered enhancements specifically aimed at REIT investors to Freddie Mac’s Structured Agency Credit Risk securities and Fannie Mae’s Connecticut Avenue Securities (CAS®). The enhancements would enable Fannie and Freddie to structure future CRT offerings as notes issued by a trust in an arrangement that qualifies as a Real Estate Mortgage Investment Conduit (REMIC).

Freddie and Fannie announced the CRT enhancements on May 8.

(Contact: Victoria Rostow at vrostow@nareit.com)

Get Nareit Developments blog posts delivered straight to your inbox.

Subscribe

The Nareit Developments section on reit.com provides updates of Nareit's activities and key events impacting the REIT and commercial real estate industry. Nareit is the worldwide representative voice for REITs and publicly traded real estate companies with an interest in U.S. real estate and capital markets. Please see our Terms of Use.