Investments in Debt Offerings
- A Special Fannie Mae Delegated Lender under the Fannie Mae Delegated Underwriting and Servicing (DUS) program
- Offering mortgage loans for new construction and substantial rehabilitation of affordable and market-rate multifamily housing
- Fannie Mae purchases the Fannie Mae mortgage-backed securities (i.e., a swap for MBSs or an MBS/DUS transaction) once construction is completed, and lease-up and other requirements are satisfied.
