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McLEAN, VA-Freddie Mac has released its 50th multifamily mortgage-backed Structured Pass-Through Certificates (or K Certificates) since the program’s launch in 2009. For those keeping count, this issuance make a total of more than $60 billion the GSE has sold in multifamily mortgages for securitization.

For this latest offering—Freddie Mac’s 13th this year–the company expects to issue approximately $1.3 billion in K Certificates, which are expected to price on or about August 8, 2013, and settle on or about August 27, 2013. The certificates are backed by 88 recently-originated multifamily mortgages and are guaranteed by Freddie Mac. They include two senior principal and interest classes, one senior interest only class and one junior interest only class.

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