Freddie Mac Announces First Multifamily K-Deal With a Manufactured Housing Community Loan, K-041
CNN Money - December 1, 2014 - December 2, 2014
CNN Money
Freddie Mac (OTCQB: FMCC) today announced a new offering of Structured Pass-Through Certificates (“K Certificates”) which are multifamily mortgage-backed securities. The company expects to issue approximately $1.1 billion in K Certificates (“K-041 Certificates”), which are expected to price the week of December 1, 2014, and settle on or about December 16, 2014. This is Freddie Mac’s sixteenth K Certificates offering this year, and the first one to include a Manufactured Housing Community (MHC) loan.
Read the full article: Freddie Mac Announces First Multifamily K-Deal With a Manufactured Housing Community Loan, K-041