Freddie Mac Expands Senior Housing Offering With K Certificates

Freddie Mac (OTCQB: FMCC) is expanding its senior housing products by offering the first Structured Pass Through Certificates (K certificates). Backed exclusively by mortgages on multifamily senior housing properties, the company said it expects to offer approximately $369 million in K Certificates. The certificates are backed by 27 multifamily mortgages and are guaranteed by Freddie Mac. They include […]