2009-06-22 — housingwire.com
Mortgage giant Freddie Mac (FRE: 0.6879 -1.73%) late last week announced it settled the offering Series K-003 Structured Pass-Through Certificates, or K Certificates.
The offered certificates consist of multifamily mortgage-backed securities composed of mortgages originated through Freddie’s Capital Markets Execution. The dealer managers in the transactions, led by Deutsche Bank Securities, offered the certificates to a number of investors including money managers, life insurance companies and pension funds.
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