Business NewsMarketWire • Freddie Mac Announces Single Sponsor Multifamily K-Deal Backed by Properties Owned by Loan Star Funds

Freddie Mac Announces Single Sponsor Multifamily K-Deal Backed by Properties Owned by Loan Star Funds

Freddie Mac Announces Single Sponsor Multifamily K-Deal Backed by Properties Owned by Loan Star Funds

MCLEAN, VA--(Marketwired - Feb 4, 2015) - Freddie Mac (OTCQB: FMCC) today announced a new offering of Structured Pass-Through Certificates ("K Certificates") which are multifamily mortgage-backed securities. The company expects to issue approximately $1.2 billion in K Certificates ("K-LSF Certificates"), which are backed by properties owned by Lone Star Funds. The K-LSF Certificates are expected to price the week of February 2, 2015, and settle on or about February 25, 2015. This is Freddie Mac's second K Certificate offering and it first single borrower K-deal this year.

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