 Newmark Group, Inc. NASDAQ: NMRK Newmark or the Company established a 125 million sublimit line of credit1 to fund potential principal and interest servicing advances on its Fannie Mae portfolio during the forbearance period related to the CARES Act. The advance line will provide 100 of the principal and interest advance payment at a rate of 1-month LIBOR plus 2.00 and will be collateralized by Fannie Maes commitment to repay advances. Newmark currently has four Fannie Mae loans in forbearance, with 0.3 million of advances outstanding as of May 31, 2020. 