Freddie Mac Looks to Cast a Wider Net In the Kinds of Mortgages it Buys in 2006
Freddie Mac looks like it’s continuing to work to take back market share and is laying the groundwork this year to take its mortgage-backed securities to another level on several fronts. Of particular note is Freddie’s intention to securitize more ARMs, interest-only loans and affordable housing-related products. In a recent mortgage securities update, Freddie Mac said it has regained market share, enhanced existing programs and rolled out new products in an increasingly competitive business. “Through…