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Freddie Outsources SFM Custodial Work

(housingwire.com)

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2009-07-02

"Mortgage giant Freddie Mac (FRE: 0.6107 -4.58%) selected asset manager and securities servicer Bank of New York Mellon as custodian for documents related to its single-family mortgage business, effectively outsourcing the role after a three-month transfer period."

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