Freddie Mac amended its investment policy guidelines to include Dominion Bond Rating Service as an approved agency to rate the non-agency securities that it buys and holds in its MBS portfolio. This decision affects all of Freddie's MBS and ABS investments.

In confirming the change, Freddie Spokesman Michael Cosgrove acknowledged DBRS's gaining presence in the U.S. while being a significant rating agency in Canada. Cosgrove explained that Freddie Mac requires one nationally recognized rating agency to rate the non-agency securities that it buys.

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