Freddie Mac Adds Multifamily Arms to Securitization Path

/ CNW / - Freddie Mac (OTC: FMCC) is made of a different product eligible for funding for execution of capital markets (SM) Multifamily (CME). Starting today, the adjustable rate mortgages are eligible for securitization certificates K, Freddie Mac multifamily mortgage-backed securities.

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Over the last two years Freddie Mac has made home loans student loans for seniors' housing, swimming pools conventional structured finance and targeted affordable housing loans eligible for CME. , Senior vice president of Multifamily for Freddie Mac.

"CME continues to increase liquidity in the capital market community by creating a reliable and competitively priced financing through our vast pool of capital providers. With our growing portfolio of loans CME, we have become a reliable and consistent issuer of certificates of K, multifamily mortgage-backed securities. " "Since we began offering certificates backed loans K CME, we opened the capital markets for commercial mortgage backed securities emissions across 13 offerings totaling more funding for about 57,000 multifamily properties.

Freddie Mac was created by Congress in 1970 to provide liquidity, stability and accessibility to markets in the nation's residential mortgages. Freddie Mac supports communities across the country by providing funds to mortgage lenders. Over the years, Freddie Mac has made home possible for one in six buyers and more than five million renters. www.FreddieMac.com

SOURCE Freddie Mac

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