Freddie Mac is poised to add three more lenders, including the first bank, to its program that seeks to stimulate loans for rental-housing developments.

One bank and two nonbank lenders are close to finalizing preparations to join Freddie Mac's small balance multifamily loan program, Nashwa Moussa, the head of Freddie's program said in an interview.

Subscribe Now

Access to a full range of industry content, analysis and expert commentary.

30-Day Free Trial

No credit card required. Access coverage of the securitization marketplace, including breaking news updated throughout the day.