Freddie Mac Plans To Sell $966M Home-Default Risk Bonds
Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) plans to sell $966 million of bonds tied to the risk of homeowner defaults after a similar bonds issued earlier posted strong gains.
The new bond issue proposal comes amid legislation introduced this month by the leaders of the Senate banking committee to replace the government sponsored enterprises. SORRY! This content is exclusively for paying members. If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.
Risk sharing bonds
The risk-sharing mortgage bonds are