Freddie Mac in August plans to begin providing monthly updates of the loan-level disclosures it has been providing for single-family mortgage participation certificates issued after Dec. 1, 2005.Freddie Mac began disclosing loan-level information at issuance for all of its newly issued single-family PC securities in December of last year. "With loan-level monthly updates, additional data will be available to assist investors in assessing the factors that may affect Freddie Mac mortgage security performance, which may enable investors to value the securities more precisely," the government-sponsored enterprise said. "The company is working with mortgage-securities data providers to accommodate the monthly loan-level updates and expects that the data providers will incorporate loan-level information into their securities analysis tools."
Freddie Plans Monthly Loan Disclosures
Published June 30, 2006, 2:00 p.m. EDT
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