Now that it has the green light to expand its role in multifamily housing, Freddie Mac is looking at more ways to shift the credit risk on apartment building mortgages that it insures.  

The rental market is red hot, and rents are rising, stoking demand for the kind of affordable housing that Freddie and rival Fannie Mae support. Until 2009, the two government sponsored enterprises kept most of these multifamily loans on their books. When they were put into conservatorship, this put taxpayers on the hook for any losses.

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