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Home » Freddie Issues Senior-Sub ‘Risk-Transfer’ Deal
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Freddie Issues Senior-Sub ‘Risk-Transfer’ Deal

July 24, 2015
Freddie Mac priced a risk-sharing transaction this week that’s structured much like a non-agency jumbo mortgage-backed security that has the advantage of the government-sponsored enterprise’s guaranty and oversight of servicing practices. Freddie Mac Whole Loan Securities Trust, Series 2015 SC01, will include $278 million in senior certificates guaranteed by Freddie and approximately $23 million in unguaranteed subordinate certificates. The deal is backed by ...
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