Merchants Capital Secures First-Ever Fannie Mae M.TEB Execution in the State of Indiana

[In The News]

CARMEL, Ind., Aug. 23, 2019 /PRNewswire/ -- Mortgage banking firm Merchants Capital has secured $21.4 million in funding using a Fannie Mae Mortgage-Backed Security (MBS) as collateral for new Tax-Exempt Bonds (M.TEB), combined with 4% low income housing tax credits (LIHTC). The funding...

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