Freddie Mac has kicked off 2013 with its first multifamily securities offering of the new year.
The new offering is backed by 74 recently originated multifamily mortgages and is guaranteed by Freddie Mac. Freddie Mac expects to offer approximately $1.2 billion in structured pass-through certificates (also known as K Certificates), which are expected to price the week of Jan. 7 and settle on or about Jan. 24, 2013.