Day: April 7, 2015
-

Freddie Mac to Offer Actual Losses on Mortgages
Yesterday, Freddie Mac announced that it is doing something that it has never done in the past— offering investors actual losses on mortgages. Earlier this year, the government-sponsored enterprise made first-loss position available to investors as a part of its Structured Agency Credit Risk Series, but this new offering makes for some exciting new changes.