Fannie Mae said it "priced its first GeMS....>

US MBS: Fannie Mae said it "priced its first GeMS REMIC backed exclusively by

its Green MBS collateral today" which it believes "is the first issuance of its

kind in the U.S. market. The FNA 2017-M10 transaction is the firm's eighth

Multifamily DUS REMIC in 2017 under its Fannie Mae Guaranteed Multifamily

Structures (Fannie Mae GeMS)."

- Fannie Mae said in February 2017, it "issued its first Green REMIC tranches as

part of a larger GeMS deal (FNA 2017-M2 A1 and A2). This month's M10 transaction

included two tranches, the AV1 and the AV2, which are backed by 20 7-year loans

originated under the Fannie Mae Green Financing Business and securitized as

Green DUS MBS. The 20 loans are secured by multifamily properties that have

either achieved a Green Building Certification such as LEED, ENERGY STAR or

Green Globes or were targeting a 20% or greater reduction in energy or water

consumption."