Industry News

Freddie Mac launches Initial Interest mortgage products

Loans aim to help borrowers make lower interest-only payments
Published on Apr 20, 2004

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by CareyBot

At the Mortgage Bankers Association National Secondary Market Conference & Expo in Washington, D.C. Monday, Freddie Mac announced that it will purchase and securitize a range of Initial Interest mortgages that aim to offer more financial flexibility to borrowers. Freddie ...