Freddie Mac Multifamily Rankings Affirmed by Fitch, Morningstar and S&P
(firmenpresse) - MCLEAN, VA -- (Marketwired) -- 12/15/14 -- Three agencies recently reaffirmed their ratings that demonstrate the depth and strength of (OTCQB: FMCC) Multifamily's asset management and operations.
"These rankings demonstrate our strong operational capabilities and continued commitment to providing a best in class servicing standard for the Freddie Mac Multifamily business," said Michael Lipson, Multifamily asset management and operations senior vice president.
Fitch Ratings affirmed the Commercial Master Servicer CMS2 and Commercial Special Servicer CSS2- ratings that reflect Freddie Mac's ability to service and work out loans backed by apartment buildings with five or more units.
Morningstar Credit Ratings, LLC affirmed the MOR CS2 commercial mortgage special servicer ranking and MOR TA3 commercial mortgage trust advisor ranking for Freddie MacThese rankings reflect the quality of the Freddie Mac Multifamily asset management, operations, staff expertise, timely reporting and asset resolution practices, as well as the business's ability to monitor the information provided by servicers.
Standard & Poor's Ratings Services affirmed its overall ABOVE AVERAGE ranking on Freddie Mac as a commercial loan master servicer. The ranking reflects the quality of the Multifamily management team, effective training, audit and technology systems, and comprehensive servicer oversight program.
The Multifamily asset management and operations division is responsible for servicing the whole loan-guaranteed securities, tax-exempt bonds and other multifamily product lines, as well as servicing multifamily debt investments.
As of September 30, 2014, Freddie Mac had a multifamily whole loan portfolio of $51.7 billion, a multifamily investment securities portfolio of $25.8 billion, and a multifamily guarantee portfolio of $84.4 billion.
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Today Freddie Mac is making home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Additional information is available at , Twitter and Freddie Mac's blog .
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 15.12.2014 - 19:34 Uhr
Sprache: Deutsch
News-ID 359496
Anzahl Zeichen: 0
contact information:
Town:
MCLEAN, VA
Kategorie:
Personal Finance
Diese Pressemitteilung wurde bisher 326 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Freddie Mac Multifamily Rankings Affirmed by Fitch, Morningstar and S&P"
steht unter der journalistisch-redaktionellen Verantwortung von
Freddie Mac (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
