Fannie widens guidance

By Matthew Scully
16 Jul 2014

Fannie Mae has reissued a second round of price guidance after seeing weaker than expected interest for the senior notes in this week’s $2.1bn risk sharing issuance with private investors.

The $2.05bn risk sharing RMBS was intended to be sold on Wednesday at pricing levels more expensive for Fannie Mae than it had paid investors in previous deals.

The housing agency now looks likely to sell the most senior tranche of ...

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