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Home » GSE Roundup
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GSE Roundup

July 8, 2016
Freddie Prices $950 Million Multifamily K-Deal. Freddie Mac recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly seven-year terms. The GSE expects to issue nearly $950 million in K-722 Certificates. Borrower Alleges Unfair Post-Bankruptcy Inquiry. A borrower recently filed a lawsuit seeking class-action status against Fannie Mae related to an inquiry made into his credit file after his bankruptcy process was completed. Some attorneys said the case hints at a new type of lawsuit on the horizon stemming from the Fair Credit Reporting Act. The former borrower alleges that the GSE made unauthorized inquiries into his...
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