“Private capital is now absorbing large amounts of mortgage credit risk which was previously supported by the U.S. taxpayer.” — Donald Layton, Freddie Mac CEO
Yesterday Freddie Mac announced that it will be concentrating on the single-family asset class for some $650 billion in future loan sales.
READ MORE: http://www.dsnews.com/news/06-20-2016/freddie-mac-works-to-involve-private-investors-more