Freddie Mac has announced a new offering of Structured Pass-Through Certificates (K Certificates), multifamily mortgage-backed securities. The certificates are backed by 81 recently originated multifamily mortgages and are guaranteed by Freddie Mac.
This is Freddie Mac's fifth K Certificate offering this year.
The company expects to offer approximately $1.1 billion in K Certificates (K-013 Certificates), which are expected to price next week and settle on or about May 26.
