Freddie Mac is markedly expanding its activities in subprime lending, a move that could bring more lenders into the fastest-growing segment of the mortgage market.

The government-sponsored enterprise says it will soon make available to hundreds of lenders an automated system to help them get into the subprime business. The system will evaluate so-called B and C loans, which are made to borrowers with blemished credit records.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.