Competition and refi boom put Remic market in orbit

Brockman, Joshua
May 1998
American Banker;5/26/1998, Vol. 163 Issue 98, p8
Trade Publication
Reports on the increase of real estate mortgage investment conduits (Remic) for the year 1998, in relation to the combat between the United States Federal National Mortgage Association (Fannie Mae) and the United States Federal Home Loan Mortgage Corporation (Freddie Mac), in the setting of records for deal size. Information on Freddie Mac; Details on the increase of Remic issuance; Comments from the managing director at Salomon Smith Barney, Jeffrey Perlowitz.


Related Articles

  • Fannie Mae issues $371.6 million multifamily investment conduit. Shaughnessy, Andy // National Real Estate Investor;Jul98, Vol. 40 Issue 7, p28 

    Reports that the Federal National Mortgage Association has issued a multifamily real estate mortgage investment conduit (REMIC) security worth $371.6 million. Donaldson Lufkin & Jenrette Securities as underwriter; Guarantee for the senior securities in the REMIC.

  • Fannie Mae prices first REMIC from its aggregation facility. Henry, Randy // National Real Estate Investor;Mar98, Vol. 40 Issue 3, p18 

    Announces that the US Federal National Mortgage Association (Fannie Mae) has priced its first transaction with collateral from its multiaggregation facility, a $326.1 million real estate mortgage investment conduit (REMIC). Morgan Stanley & Co. as firm in charge of structuring and selling the...

  • Roundup: Latest Fannie Mae REMIC Deal Raises 2 Billion Dollars.  // National Mortgage News;7/10/2006, Vol. 30 Issue 39, p10 

    The article reports on developments related to government sponsored enterprises in the U.S. Fannie Mae has priced a $ 2 billion Real Estate Mortgage Investment Conduit guaranteed maturity class coupon 6 percent and a final maturity date of June 25, 2016 at 99.5781. Freddie Mac plans to begin...

  • Freddie Mac becoming remic packager, but it plans to be small player. Talley, Karen // American Banker;7/25/1997, Vol. 162 Issue 142, p9 

    Reports on the US Federal Home Loan Mortgage Corp.'s (Freddie Mac) first flotation of a real estate mortgage investment conduit (Remics). Structuring, pricing and distribution of Remics; Amount earned by investment banks for every $1 billion packaged into Remics; Investment banks affected by...

  • Freddie Mac Weighs Plan To Cut Wall St. Out of Remics. Talley, Karen // American Banker;12/10/1996, Vol. 161 Issue 235, p1 

    Reports on the plan of Freddie Mac to package its own real estate mortgage investment conduits (Remics) in the U.S. Effect of the government-sponsored enterprise proceeds on Wall Street houses; Profitability of Remics; Details of the Remics.

  • Freddie plans up to three reference REMICs in the third quarter. Runyan, Sally A. // Asset Securitization Report;7/3/2006, Vol. 6 Issue 26, p15 

    The article focuses on the third quarter 2006 Quarterly Refunding plans released by the government-sponsored enterprise Federal Home Loan Mortgage Corp. in the U.S. The report stated that it expects to issue one to three real estate mortgage investment conduit securities (REMICS) deals during...

  • MBS market easily absorbs $5 billion Remic. Reinebach, Adam // Investment Dealers' Digest;05/25/98, Vol. 64 Issue 21, p6 

    Presents information on the impact of a real estate mortgage investment conduit by the United States Federal Home Loan Mortgage Corporation, on the mortgage-backed securities market. Value of the real estate mortgage investment; Comments from David Langer, managing director at Salomon Smith...

  • Freddie announces new REMIC program. K. S. // Asset Securitization Report;4/4/2005, Vol. 5 Issue 13, p18 

    Reports on Federal Home Loan Mortgage Corp.'s (Freddie Mac) launch of its Reference REMIC securities program. Goal of enhancing collateralized mortgage obligation (CMO) market liquidity; Offer of the regular issuance of generic structures with more pricing transparency; Description of earlier...

  • Freddie Mac Guarantees REMIC Maturity. Cornwell, Ted // Mortgage Servicing News;May2005, Vol. 9 Issue 4, p25 

    Reports that Freddie Mac is launching a real estate mortgage investment conduit (REMIC) program that features innovations such as a guaranteed maturity to minimize extension risk in a rising rate environment and electronic trading capability to reduce the disparity between bid and offer prices....


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics