Wednesday, May 22, 2013

Fannie Mae to Market $2.2B Legacy CMBS




National





Fannie Mae to Market $2.2B Legacy CMBS



WASHINGTON, DC-The GSE is putting these securities on the market to comply with an FHFA directive to reduce its non-agency portfolio, Kimberly Johnson, Fannie Mae Senior Vice President of Multifamily Capital Markets, tells GlobeSt.com's Erika Morphy.











Saks Reportedly Explores Possible Sale



NEW YORK CITY-The flagship Saks Fifth Avenue store alone is believed to be worth more than $1 billion, the New York Post reported Tuesday.








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