Freddie Mac will buy out of some securities about $29 million in unpaid principal balance of 2005-2008 interest-only adjustable-rate mortgages due to erroneous loan-level data it received.

The government-sponsored enterprise will purchase 143 mortgages in all. The move will lead to prepayments of 5% or more of some affected securitizations' unpaid principal balances. Fifty-eight participation certificates are affected.

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