JPMorgan re-packages bonds tied to apartment loans into new debt in rare move
JPMorgan Chase & Co. has bundled the riskiest portions of over a dozen Freddie Mac mortgage bonds tied to small balance apartment loans in what appears to be the first time this sort of debt has been securitized not once but twice. Known as a resecuritization, the deal pools together 18 bonds created by Freddie […]
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