Freddie Mac MF Programs Work the Capital Markets This Week
ByWith 2,000 attendees and an outstanding speaker lineup, you can’t afford to miss RealShare APARTMENTS in Los Angeles on October 21-22.
Freddie Mac headquarters
MCLEAN, VA—Two Freddie Mac programs have separately priced more than $1.2 billion in multifamily loans through its securitization activities. One is the GSE’s tried-and-true K Certificates. The other is a relatively new program that apparently is making traction very quickly—its small balance loan securitization.
In the K-deal, Freddie Mac priced $1.2 billion in securities backed by seasoned loans. The K Certificates are expected to settle on or about August 27, 2015. They are guaranteed by Freddie Mac and are backed by 70 seasoned multifamily mortgages from the company’s retained portfolio. This is the company’s seventeenth K Certificates offering this year…