K-Deals are part of the company’s business strategy to transfer a portion of the risk of losses away from taxpayers and to private investors who purchase the unguaranteed subordinate bonds. The KJ35 Trust will also issue certificates consisting of class B and class R certificates, which will not be guaranteed by Freddie Mac and will not back any class of K-J35 Certificates.įreddie Mac Multifamily is a leading issuer of agency-guaranteed structured multifamily securities. The K-J35 Certificates are backed by corresponding classes issued by the FREMF 2021-KJ35 Mortgage Trust (KJ35 Trust) and guaranteed by Freddie Mac.
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