Freddie Mac to Launch Free Multifamily Investment Monitoring Tool
Poster: SySAdmin
Posted on January 9, 2012 at 9:49:01 AM
Freddie Mac to Launch Free Multifamily Investment Monitoring Tool
Industry Standard Investor Reporting Package Information Online In One Place
MCLEAN, Va., Jan. 9, 2012 /PRNewswire/ -- Freddie Mac (OTC: FMCC) later this month will launch a free database tool for investors and analysts to monitor its Multifamily K-Deal mortgage-backed securities performance and credit quality. The Multifamily Securities Investor Access tool on Freddie Mac's website is designed to increase transparency and save investors time by providing easy access to all post-securitization data from investor reporting packages for the securities underlying the related series of K Certificates. The tool becomes available on January 17 to anyone who completes a simple registration process that includes name, phone number, email and company name.
News Facts
Investor Access features include:
-- Information from all master servicers/trustees in the industry standard
Commercial Real Estate Finance Council Investor Reporting Package (CREFC
IRP(TM)) format.
-- Preliminary term sheets, offering circular supplements, and deal and
property level data.
-- Downloadable standard reports.
-- Data on more than 1,300 loans, supporting about $22 billion in
securities.
Quotes
Attribute to David Brickman, Senior Vice President of Freddie Mac Multifamily:
-- "Investors want transparency and easy access to investment information.
This new tool should enable anyone to easily track and analyze data for
all our K-Deals."
-- "We are making all the relevant information on our K-Deals freely
accessible on a public website to eliminate the need for investors to go
to each trustee or third party to get the standard investor reporting
information."
Other
-- Freddie Mac had 12 K-Deal offerings in 2012, representing almost $14
billion.
-- The company issues K Certificates approximately once a month.
-- K-Deals feature competitive mortgage pricing and strong investor
interest.
Related Links
-- Multifamily Mortgage Securities page which includes the investor
presentation, the multifamily industry outlook and securities product
information.
-- Multifamily K Certificates
-- Freddie Mac news
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters. http://www.FreddieMac.com
SOURCE Freddie Mac
Freddie Mac
CONTACT: CONTACT: Patti Boerger, +1-703-903-2445, Patricia_Boerger@FreddieMac.com
Web Site: http://www.freddiemac.com
Industry Standard Investor Reporting Package Information Online In One Place
MCLEAN, Va., Jan. 9, 2012 /PRNewswire/ -- Freddie Mac (OTC: FMCC) later this month will launch a free database tool for investors and analysts to monitor its Multifamily K-Deal mortgage-backed securities performance and credit quality. The Multifamily Securities Investor Access tool on Freddie Mac's website is designed to increase transparency and save investors time by providing easy access to all post-securitization data from investor reporting packages for the securities underlying the related series of K Certificates. The tool becomes available on January 17 to anyone who completes a simple registration process that includes name, phone number, email and company name.
News Facts
Investor Access features include:
-- Information from all master servicers/trustees in the industry standard
Commercial Real Estate Finance Council Investor Reporting Package (CREFC
IRP(TM)) format.
-- Preliminary term sheets, offering circular supplements, and deal and
property level data.
-- Downloadable standard reports.
-- Data on more than 1,300 loans, supporting about $22 billion in
securities.
Quotes
Attribute to David Brickman, Senior Vice President of Freddie Mac Multifamily:
-- "Investors want transparency and easy access to investment information.
This new tool should enable anyone to easily track and analyze data for
all our K-Deals."
-- "We are making all the relevant information on our K-Deals freely
accessible on a public website to eliminate the need for investors to go
to each trustee or third party to get the standard investor reporting
information."
Other
-- Freddie Mac had 12 K-Deal offerings in 2012, representing almost $14
billion.
-- The company issues K Certificates approximately once a month.
-- K-Deals feature competitive mortgage pricing and strong investor
interest.
Related Links
-- Multifamily Mortgage Securities page which includes the investor
presentation, the multifamily industry outlook and securities product
information.
-- Multifamily K Certificates
-- Freddie Mac news
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters. http://www.FreddieMac.com
SOURCE Freddie Mac
Freddie Mac
CONTACT: CONTACT: Patti Boerger, +1-703-903-2445, Patricia_Boerger@FreddieMac.com
Web Site: http://www.freddiemac.com