Freddie Mac And Lehman Reach $767 Million DealMani
Lehman Brothers Holdings Inc Plan Trust (OTCMKTS:LEHMQ) reached a $767 million deal with Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) that would help Lehman to release millions of dollars more to customers.
Freddie Mac's claim against Lehman
Before its collapse, Lehman Brothers purchased mortgages from originators, securitized them – creating now-famous mortgage-backed securities – and sold them upstream to purchasers including Freddie Mac. The . . .
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