Freddie Mac to Form Giant PC Securities From PC Securities in Its Retained Mortgage Portfolio
By Freddie Mac -

McLean, VA – October 15, 2010 – (RealEstateRama) — Freddie Mac (OTC:FMCC) today announced that its mortgage-related investments portfolio, also known as the company’s retained portfolio, will form Giant Mortgage Participation Certificates (Giant PCs) from its holdings of Mortgage Participation Certificates (PCs)


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Freddie Mac
http://www.freddiemac.com

Freddie Mac is a stockholder-owned corporation established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac raises capital on Wall Street and throughout the world's capital markets to finance mortgages for families across America. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters

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