Freddie Mac will begin to provide expanded quarterly disclosures on its portfolio of multifamily loans and the company's multifamily K Certificate securities.
Beginning this month, Freddie Mac will provide the disclosures about its portfolio of multifamily loans on the multifamily securities page of the company's website. Each quarter, Freddie Mac will update disclosures that will include a time series of multifamily loan-level performance information. The new disclosures will include information on original loan terms, identifiers for prepaid loans, defaulted loans and delinquencies; property information; and dates of real estate owned sales.
Freddie Mac will also begin providing expanded disclosures on its K Certificates, which are structured pass-through certificates backed by multifamily mortgage loans. The expanded K Certificates information page on the company's website will include information on collateral credit quality and transaction snapshots of K Certificates, including closing date, balance and delinquency data.
