Freddie Mac Announces Pricing of $360 Million Multifamily Small Balance Loan Securitization
Freddie Mac is guaranteeing three senior principal and interest classes and one interest only class of securities issued by the FRESB 2021-SB83 Mortgage Trust. SB83 includes one class (Class A10H) of senior bonds backed in part by hybrid loans indexed to SOFR during their floating-rate period. Freddie Mac is also acting as mortgage loan seller and master servicer to the trust. In addition to the four classes of securities guaranteed by Freddie Mac, the trust will issue certificates consisting of Class B and Class R Certificates, which will not be guaranteed by Freddie Mac and will be sold to ...