Freddie Mac last week announced the implementation of enhancements for all PC pools starting July 2004. These changes are part of Freddie's ongoing review of its PC disclosure practices. They are also intended to promote increased transparency and to improve the accuracy of payment and disclosure on Freddie pools.
"These are simply new and more enhanced fields of information," said Douglas Robinson, spokesperson for Freddie Mac. "Increased information and transparency requirements are generally better for the market."