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India's Debt Restructuring Mechanism allows banks to ease terms on loans without setting aside provisions.
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The company is working to mitigate these losses by encouraging lenders to ease terms on homeowners.
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Freddie Mac said it is working to mitigate loan losses by encouraging lenders to ease terms on homeowners.
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In amend-and-extend deals, banks ease terms on loans from troubled borrowers, giving them more time to pay to forestall defaults.
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In those so-called "amend-and-extend" deals, banks eased terms on loans, giving borrowers more time to pay to avoid defaults.