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Home » Store » News » Freddie Mac Plans to Quickly Introduce MBS Backed by Its New Interest-Only Mortgages

Freddie Mac Plans to Quickly Introduce MBS Backed by Its New Interest-Only Mortgages

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Freddie Mac officials say the government-sponsored enterprise will soon begin issuing securities backed by interest-only mortgages, a product the company just launched last month. IO mortgages have become increasingly commonplace in the non-agency MBS market, where some $23.5 billion were securitized during the first quarter of this year. While Redwood Trust and some Wall Street conduits have put together deals backed exclusively
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