...OVERVIEW + We affirmed our ABOVE AVERAGE rankings on Fannie Mae as a commercial loan master and special servicer. + The affirmed rankings reflect our opinion of Fannie Mae's successful track record in servicing multifamily real estate loans, consistently low level of delinquencies, and experienced senior management, among other factors. + The outlooks for both rankings are stable, and the financial position is SUFFICIENT. DALLAS (S&P Global Ratings) Nov. 2, 2016--S&P Global Ratings today affirmed its ABOVE AVERAGE rankings on Fannie Mae as a commercial loan master and special servicer. The outlooks for both rankings are stable. Fannie Mae (formerly Federal National Mortgage Assn.) was established by Congress. Fannie Mae began its multifamily business in 1984 and has been a purchaser of mortgage loans for multifamily housing since 1987. It finances the acquisition or refinancing of multifamily properties, including apartment buildings with five or more units, housing for senior citizens,...
