Freddie Mac will begin providing expanded disclosures on a quarterly basis regarding its multifamily loan portfolio and multifamily K Certificate securities effective June 2011.
The multifamily disclosures will be available on the multifamily section of the agency's Web site, and will be updated each quarter to include a time series of multifamily loan-level performance data, according to the GSE's press release.
The new multifamily disclosures will also include information about original loan terms; prepaid loan identifiers; defaulted loans and delinquencies; property information; and REO sale dates.
More information about K Certificates, which are structured passthrough certificates secured by multifamily mortgage loans, will also be available online. The new disclosures will include information on collateral credit quality and transaction snapshots of K Certificates, including the closing date, balance and delinquency data.
