trending Market Intelligence /marketintelligence/en/news-insights/trending/lU-SRad--7iW6p8o4VD3JA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Freddie Mac to eliminate cleanup calls from pass-through certificates

Banking Essentials Newsletter - November Edition

University Essentials | COVID-19 Economic Outlook in Banking: Rates and Long-Term Expectations: Q&A with the Experts

Estimating Credit Losses Under COVID-19 and the Post-Crisis Recovery

StreetTalk – Episode 70: Banks' Liquidity Conundrum Could Fuel M&A Activity


Freddie Mac to eliminate cleanup calls from pass-through certificates

Freddie Mac on Sept. 7 announced that it will not include issuer cleanup call rights in its single-family multiclass certificates and multifamily structured pass-through certificates.

The company will also not exercise existing cleanup call rights related to outstanding single-family multiclass certificates and multifamily structured pass-through certificates. Cleanup calls are redemption rights executable at the behest of the issuer to redeem securities with a minimal outstanding principal balance.