Freddie Mac, seeking foreign investment in its mortgage securities to build a capital base, is making a concerted effort to appeal to investors in Asia, an executive at a mortgage banking conference said.
“The Asian bid is where everyone is spending their time,” said Mark Hanson, vice president of mortgage funding at Freddie Mac. “From our standpoint and mission, our job is to go out and find more buyers for our securities. It’s a wealth of opportunity right now” in Asia, he told Reuters late Monday.
Freddie Mac officials have made three visits to investors in Asia in the past six months, he said, its first outreach specifically aimed at attracting the region’s investors to its mortgage securities.
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