Skip to main content

Fannie Mae Expands Green Bond Program With Single-Family Green MBS Issuance

Navi Persaud
Jul 28, 2020
Green field, blue sky and white clouds.

Fannie Mae has issued its latest single-family Green Mortgage-Backed Securities under its Green Bond Program. The company made the decision after receiving the Light Green Second Opinion from Cicero Shades of Green, a global provider of green ratings for bonds.

"Our new Single-Family Green MBS issuances further our commitment to sustainability in our business, the homes we finance, and the communities we serve. These transactions are the latest step in a journey – begun a decade ago when we introduced green finance to the multifamily market – that increasingly ties Fannie Mae’s business activities to measurable environmental, social, and governance outcomes," according to Fannie Mae CEO Hugh R. Frater.

Fannie Mae has reportedly issued over $40 million in single-family Green MBS after the first bond was issued on April 22, 2020. “These offerings have attracted investor interest and serve to enhance liquidity in the single-family mortgage finance market,” said Renee Schultz, senior vice president of capital markets for Fannie Mae.

For more about Fannie Mae's single-family Green Mortgage-Backed Securities, click here


 

Published
Jul 28, 2020
MBA Swears In New Officers For 2021-22

Kristy Fercho, executive vice president and head of home lending at Wells Fargo, is the new chairman.

Industry News
Oct 18, 2021
Wemlo Introduces Third-Party Processing Solution

Wemlo announced the first third-party mortgage processing solution, Loan Brokering System.

Tech
Oct 18, 2021
Nationwide Mortgage Bankers Names New COO

Nate Hernandez was named chief operating officer for Nationwide Mortgage Bankers.

Industry News
Oct 18, 2021
ICE Unveils Transaction-Based Indices For Residential Mortgage Interest Rates

Intercontinental Exchange Inc. launched its suite of U.S. residential mortgage locked rate indices.

Tech
Oct 18, 2021
ChainLogix Appoints New Vice President, Operations

Jeryl Graham hired to accelerate growth in title & mortgage services.

Industry News
Oct 15, 2021
JPMorgan Chase To Commit $8.4M To Improve Household Stability For The Underserved

JPMorgan Chase announced six organizations that will receive philanthropic capital as part of the firm’s $400 million five-year commitment to improve housing affordability and stability for Black, Hispanic and Latino, and other underserved households.

Community
Oct 15, 2021