Freddie Mac (FMCC) 2.1150 $FMCC
Freddie Mac Funds $1 Billion in Small Property Loans in Less Than a Year
Marketwired - Thu Sep 10, 12:00PM CDT
Freddie Mac (OTCQB: FMCC) this week reached a milestone of funding more than $1 billion in small multifamily property loans. Close to one-third of renters live in smaller properties with five to 50 units, many of which are affordable to low- and very low-income households.
Fixed Mortgage Rates Largely Unchanged
Marketwired - Thu Sep 10, 9:00AM CDT
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates largely unchanged following a shortened week and mixed economic signals prior to the Fed's meeting next week.
Freddie Mac Guarantees Third Multifamily Small Balance Loan Securitization
Marketwired - Tue Sep 08, 4:06PM CDT
Freddie Mac (OTCQB: FMCC) today announced that it will guarantee its third series of SB Certificates, which are backed by multifamily small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to guarantee approximately $193 million in SB Certificates (SB3 Certificates), which are anticipated to price the week of September 8, 2015, and settle on or about September 23, 2015.
BANC: 12.54 (+0.09), WFC: 52.62 (+0.06)
Nomura, RBS Settle U.S. Mortgage Bond Case for $839M
Zacks Equity Research - Zacks Investment Research - Tue Sep 08, 10:10AM CDT
In order to resolve the mortgage bond case, Nomura Holdings, Inc. (NMR) and The Royal Bank of Scotland Group plc (RBS), two of the world's biggest banks, have agreed to a settlement.
RBS: 10.19 (+0.02), NMR: 6.29 (+0.12)
Fixed Mortgage Rates Tick Higher Amid Continued Volatility
Marketwired - Thu Sep 03, 9:00AM CDT
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates ticking higher amid another week of volatile market activity on essentially no new information.
Freddie Mac August 2015 Insight & Outlook
Marketwired - Mon Aug 31, 1:28PM CDT
Freddie Mac (OTCQB: FMCC) released today its monthly Insight & Outlook for August, showing there is no single statistic that reliably identifies when a housing market is overvalued or when house prices are likely to fall. Instead, substantial human judgment is also required. A video preview, along with the complete Insight & Outlook commentary is available here.
RED Capital Group Approved by Freddie Mac as a Seller/Servicer for the Small Balance Loan Offering
PRWeb - Mon Aug 24, 6:04AM CDT
Freddie Mac (OTCQB: FMCC) and RED Capital Group, LLC announced recently that RED is an approved lender in Freddie Mac's Small Balance Loan program, which offers debt solutions for multifamily acquisitions and refinancing for smaller properties with at least five units.
Fannie Mae and Freddie Mac Have Now Paid Taxpayers $239 Billion, but What About Their Investors?
Matthew Frankel, The Motley Fool - Motley Fool - Thu Aug 20, 9:20AM CDT
Source: www.futureatlas.com. Fannie Mae and Freddie Mac both reported second-quarter earnings that grew significantly from the same period last year, helped by rising interest rates, lower delinquencies, and strong performance of...
30-Year Fixed-Rate Mortgage Remains Below Four Percent
Marketwired - Thu Aug 20, 9:00AM CDT
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates largely unchanged from the previous week amid little movement in financial markets. The 30-year fixed rate mortgage has averaged below four percent for the fifth consecutive week.
Update - Freddie Mac Prices $1.2 Billion Multifamily K-Deal Backed by Seasoned Loans
Marketwired - Wed Aug 19, 3:44PM CDT
Freddie Mac (OTCQB: FMCC) recently priced its second K-P Series offering of Structured Pass-Through Certificates (K Certificates) which are multifamily mortgage-backed securities. The company expects to issue approximately $1.2 billion in K Certificates (K-P02 Certificates), which are expected to settle on or about August 27, 2015. The K-P02 Certificates are guaranteed by Freddie Mac and are backed by 70 seasoned multifamily mortgages from the company's retained portfolio. This is the company's seventeenth K Certificates offering this year.
Freddie Mac Prices $1.2 Billion Multifamily K-Deal Backed by Seasoned Loans
Marketwired - Wed Aug 19, 1:53PM CDT
Freddie Mac (OTCQB: FMCC) recently priced its second K-P Series offering of Structured Pass-Through Certificates (K Certificates) which are multifamily mortgage-backed securities. The company expects to issue approximately $1.2 billion in K Certificates (K-P02 Certificates), which are expected to settle on or about August 27, 2015. The K-P02 Certificates are guaranteed by Freddie Mac and are backed by 70 seasoned multifamily mortgages from the company's retained portfolio. This is the company's seventeenth K Certificates offering this year.
Freddie Mac Guarantees Second Multifamily Small Balance Loan Securitization
Marketwired - Wed Aug 19, 1:02PM CDT
Freddie Mac (OTCQB: FMCC) today announced that it will guarantee its second series of SB Certificates, which are backed by multifamily small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to guarantee approximately $109 million in SB Certificates (SB2 Certificates), which are anticipated to price the week of August 24, 2015, and settle on or about August 28, 2015.
WFC: 52.62 (+0.06)
Freddie Mac Forgoes Issuing a Reference Notes(R) Security on Its August 19, 2015 Announcement Date
Marketwired - Wed Aug 19, 8:30AM CDT
Freddie Mac (OTCQB: FMCC) announced today that it will forgo issuing a Reference Notes(R) security on its August 19, 2015 announcement date. The company's 2015 Reference Notes calendar designates dates that it may use to announce the issuance of Reference Notes securities.
3 High-Risk Financial Stocks to Avoid
Jay Jenkins, The Motley Fool - Motley Fool - Fri Aug 14, 7:29AM CDT
From a purely business perspective, stock market investing is a risky endeavor. But as investors, we can mitigate much of the risk by analyzing the companies and industries in which we invest and taking a conservative approach. In other words, we can...
LEAF: 46.29 (+0.11)
Freddie Mac Announces Sixth NPL Transaction of 2015
Marketwired - Thu Aug 13, 3:05PM CDT
Freddie Mac (OTCQB: FMCC) today announced a $1.2 billion Standard Pool Offerings (SPO (SM)) transaction, an auction of deeply delinquent non-performing loans (NPLs) currently held in its mortgage investment portfolio. The NPLs are currently serviced by Ocwen Loan Servicing, LLC.
Fixed Mortgage Rates Reverse Course, Move Higher
Marketwired - Thu Aug 13, 9:00AM CDT
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates reversing course and nudging higher for the first time in four weeks.
First Freddie Mac Guaranteed Small Balance Loan Securitization Prices, SB1
Marketwired - Wed Aug 12, 11:31AM CDT
Freddie Mac (OTCQB: FMCC) announces the pricing of the SB1 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to guarantee $108 million in SB1 Certificates, which are expected to settle on or about August 18, 2015.
2 Things You Must Know Before Investing in Fannie Mae or Freddie Mac
Jay Jenkins, The Motley Fool - Motley Fool - Sun Aug 09, 12:15PM CDT
In 2008, the U.S. government intervened in the U.S. housing market in an unprecedented way. The government placed the two government-sponsored mortgage entities -- Fannie Mae and Freddie Mac -- into a conservatorship. Since then, many investors...
Freddie Mac Prices $471 Million Multifamily K-Deal, K-719
Marketwired - Fri Aug 07, 12:32PM CDT
Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) which are backed by fixed-rate multifamily mortgages with 7-year terms. The company expects to issue more than $471 million in K-719 Certificates, which are expected to settle on or about August 19, 2015. This is the company's fifteenth K Certificates offering this year.
Freddie Mac Funds $1 Billion in Small Property Loans in Less Than a Year
Marketwired - Thu Sep 10, 12:00PM CDT
Freddie Mac (OTCQB: FMCC) this week reached a milestone of funding more than $1 billion in small multifamily property loans. Close to one-third of renters live in smaller properties with five to 50 units, many of which are affordable to low- and very low-income households.
Fixed Mortgage Rates Largely Unchanged
Marketwired - Thu Sep 10, 9:00AM CDT
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates largely unchanged following a shortened week and mixed economic signals prior to the Fed's meeting next week.
Freddie Mac Guarantees Third Multifamily Small Balance Loan Securitization
Marketwired - Tue Sep 08, 4:06PM CDT
Freddie Mac (OTCQB: FMCC) today announced that it will guarantee its third series of SB Certificates, which are backed by multifamily small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to guarantee approximately $193 million in SB Certificates (SB3 Certificates), which are anticipated to price the week of September 8, 2015, and settle on or about September 23, 2015.
BANC: 12.54 (+0.09), WFC: 52.62 (+0.06)
Nomura, RBS Settle U.S. Mortgage Bond Case for $839M
Zacks Equity Research - Zacks Investment Research - Tue Sep 08, 10:10AM CDT
In order to resolve the mortgage bond case, Nomura Holdings, Inc. (NMR) and The Royal Bank of Scotland Group plc (RBS), two of the world's biggest banks, have agreed to a settlement.
RBS: 10.19 (+0.02), NMR: 6.29 (+0.12)
Fixed Mortgage Rates Tick Higher Amid Continued Volatility
Marketwired - Thu Sep 03, 9:00AM CDT
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates ticking higher amid another week of volatile market activity on essentially no new information.
Freddie Mac August 2015 Insight & Outlook
Marketwired - Mon Aug 31, 1:28PM CDT
Freddie Mac (OTCQB: FMCC) released today its monthly Insight & Outlook for August, showing there is no single statistic that reliably identifies when a housing market is overvalued or when house prices are likely to fall. Instead, substantial human judgment is also required. A video preview, along with the complete Insight & Outlook commentary is available here.
RED Capital Group Approved by Freddie Mac as a Seller/Servicer for the Small Balance Loan Offering
PRWeb - Mon Aug 24, 6:04AM CDT
Freddie Mac (OTCQB: FMCC) and RED Capital Group, LLC announced recently that RED is an approved lender in Freddie Mac's Small Balance Loan program, which offers debt solutions for multifamily acquisitions and refinancing for smaller properties with at least five units.
Fannie Mae and Freddie Mac Have Now Paid Taxpayers $239 Billion, but What About Their Investors?
Matthew Frankel, The Motley Fool - Motley Fool - Thu Aug 20, 9:20AM CDT
Source: www.futureatlas.com. Fannie Mae and Freddie Mac both reported second-quarter earnings that grew significantly from the same period last year, helped by rising interest rates, lower delinquencies, and strong performance of...
30-Year Fixed-Rate Mortgage Remains Below Four Percent
Marketwired - Thu Aug 20, 9:00AM CDT
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates largely unchanged from the previous week amid little movement in financial markets. The 30-year fixed rate mortgage has averaged below four percent for the fifth consecutive week.
Update - Freddie Mac Prices $1.2 Billion Multifamily K-Deal Backed by Seasoned Loans
Marketwired - Wed Aug 19, 3:44PM CDT
Freddie Mac (OTCQB: FMCC) recently priced its second K-P Series offering of Structured Pass-Through Certificates (K Certificates) which are multifamily mortgage-backed securities. The company expects to issue approximately $1.2 billion in K Certificates (K-P02 Certificates), which are expected to settle on or about August 27, 2015. The K-P02 Certificates are guaranteed by Freddie Mac and are backed by 70 seasoned multifamily mortgages from the company's retained portfolio. This is the company's seventeenth K Certificates offering this year.
Freddie Mac Prices $1.2 Billion Multifamily K-Deal Backed by Seasoned Loans
Marketwired - Wed Aug 19, 1:53PM CDT
Freddie Mac (OTCQB: FMCC) recently priced its second K-P Series offering of Structured Pass-Through Certificates (K Certificates) which are multifamily mortgage-backed securities. The company expects to issue approximately $1.2 billion in K Certificates (K-P02 Certificates), which are expected to settle on or about August 27, 2015. The K-P02 Certificates are guaranteed by Freddie Mac and are backed by 70 seasoned multifamily mortgages from the company's retained portfolio. This is the company's seventeenth K Certificates offering this year.
Freddie Mac Guarantees Second Multifamily Small Balance Loan Securitization
Marketwired - Wed Aug 19, 1:02PM CDT
Freddie Mac (OTCQB: FMCC) today announced that it will guarantee its second series of SB Certificates, which are backed by multifamily small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to guarantee approximately $109 million in SB Certificates (SB2 Certificates), which are anticipated to price the week of August 24, 2015, and settle on or about August 28, 2015.
WFC: 52.62 (+0.06)
Freddie Mac Forgoes Issuing a Reference Notes(R) Security on Its August 19, 2015 Announcement Date
Marketwired - Wed Aug 19, 8:30AM CDT
Freddie Mac (OTCQB: FMCC) announced today that it will forgo issuing a Reference Notes(R) security on its August 19, 2015 announcement date. The company's 2015 Reference Notes calendar designates dates that it may use to announce the issuance of Reference Notes securities.
3 High-Risk Financial Stocks to Avoid
Jay Jenkins, The Motley Fool - Motley Fool - Fri Aug 14, 7:29AM CDT
From a purely business perspective, stock market investing is a risky endeavor. But as investors, we can mitigate much of the risk by analyzing the companies and industries in which we invest and taking a conservative approach. In other words, we can...
LEAF: 46.29 (+0.11)
Freddie Mac Announces Sixth NPL Transaction of 2015
Marketwired - Thu Aug 13, 3:05PM CDT
Freddie Mac (OTCQB: FMCC) today announced a $1.2 billion Standard Pool Offerings (SPO (SM)) transaction, an auction of deeply delinquent non-performing loans (NPLs) currently held in its mortgage investment portfolio. The NPLs are currently serviced by Ocwen Loan Servicing, LLC.
Fixed Mortgage Rates Reverse Course, Move Higher
Marketwired - Thu Aug 13, 9:00AM CDT
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates reversing course and nudging higher for the first time in four weeks.
First Freddie Mac Guaranteed Small Balance Loan Securitization Prices, SB1
Marketwired - Wed Aug 12, 11:31AM CDT
Freddie Mac (OTCQB: FMCC) announces the pricing of the SB1 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to guarantee $108 million in SB1 Certificates, which are expected to settle on or about August 18, 2015.
2 Things You Must Know Before Investing in Fannie Mae or Freddie Mac
Jay Jenkins, The Motley Fool - Motley Fool - Sun Aug 09, 12:15PM CDT
In 2008, the U.S. government intervened in the U.S. housing market in an unprecedented way. The government placed the two government-sponsored mortgage entities -- Fannie Mae and Freddie Mac -- into a conservatorship. Since then, many investors...
Freddie Mac Prices $471 Million Multifamily K-Deal, K-719
Marketwired - Fri Aug 07, 12:32PM CDT
Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) which are backed by fixed-rate multifamily mortgages with 7-year terms. The company expects to issue more than $471 million in K-719 Certificates, which are expected to settle on or about August 19, 2015. This is the company's fifteenth K Certificates offering this year.
