Freddie Mac touts $100B rental housing rainmaker

K-Deal Multifamily Mortgage-Backed Securities program makes GSE one of nation’s largest commercial mortgage credit issuers

Government sponsored enterprise (GSE) Freddie Mac has hit the $100-billion milestone in its securitization of multifamily mortgages as part of its “K-Deal” Multifamily Mortgage-Backed Securities program. Freddie Mac launched the K-Deal program in 2009 to securitize mortgage loans backed by multifamily apartment properties, the vast majority of which support affordable rental housing.