First, in the event that consumers default, Freddie pays the whole property value the new mortgages underpinning the ties, because provides the brand new loans
First, in the event that consumers default, Freddie pays the whole property value the new mortgages underpinning the ties, because provides the brand new loans Between late 2010 and you may early 2011, Freddie Mac’s requests of inverse floater ties flower significantly. Freddie bought inverse floater portions out of 31 sales this current year and …