Freddie Mac (FMCC) 1.8100 $FMCC
Freddie Mac Announces First Structured Sale of Seasoned Loans
Marketwire Canada - Wed Jun 29, 11:14AM CDT
MCLEAN, VA--(Marketwired - Jun 29, 2016) - Freddie Mac (OTCQB: FMCC) today announced a $199 million pilot structured sale of seasoned loans it currently guarantees and holds in its mortgage-related investments portfolio. The collateral is comprised of Option ARMs and loans that were originated as Option ARMs but have since been modified pursuant to a HAMP or proprietary modification. The majority of the loans have payment histories that are less than six months current or are moderately delinquent. The loans are currently serviced by JP Morgan Chase Bank, N.A.
99 of Top 100 Housing Metros Improve Year Over Year
Marketwired - Wed Jun 29, 9:00AM CDT
MCLEAN, VA--(Marketwired - Jun 29, 2016) - Freddie Mac (OTCQB: FMCC) today released its Multi-Indicator Market Index® (MiMi®), showing the spring homebuying season staying on course in most areas of the country, with two additional metros -- Charlotte, North Carolina, and Knoxville, Tennessee -- entering their benchmark ranges.
Freddie Mac Issues Monthly Volume Summary for May 2016
Marketwired - Tue Jun 28, 3:30PM CDT
MCLEAN, VA--(Marketwired - Jun 28, 2016) - Freddie Mac (OTCQB: FMCC) today issued the company's Monthly Volume Summary for May 2016.
Baby Boomers Poised to Compete for Affordable Rental Housing, Says Freddie Mac 55+ Survey
Marketwired - Tue Jun 28, 9:00AM CDT
Over 5 Million Expect to Rent Next Home by 2020
Freddie Mac Forgoes Issuing a Reference Notes(R) Security on Its June 28, 2016 Announcement Date
Marketwired - Tue Jun 28, 8:34AM CDT
MCLEAN, VA--(Marketwired - Jun 28, 2016) - Freddie Mac (OTCQB: FMCC) announced today that it will forgo issuing a Reference Notes® security on its June 28, 2016 announcement date. The company's 2016 Reference Notes calendar designates dates that it may use to announce the issuance of Reference Notes securities.
Freddie Mac Extends Disaster Relief to Eligible Borrowers in West Virginia
Marketwired - Mon Jun 27, 9:35AM CDT
MCLEAN, VA--(Marketwired - Jun 27, 2016) - Freddie Mac's (OTCQB: FMCC) full menu of disaster relief policies is now available to homeowners whose homes or place of employment were damaged or destroyed by floods in West Virginia. Freddie Mac's disaster relief policies are available to borrowers with homes in presidentially declared Major Disaster Areas where federal Individual Assistance programs are being made available to affected individuals and households. Freddie Mac is one of the nation's largest investors in residential mortgages.
Freddie Mac June 2016 Outlook
Marketwired - Mon Jun 27, 7:45AM CDT
MCLEAN, VA--(Marketwired - Jun 27, 2016) - Freddie Mac (OTCQB: FMCC) released today its monthly Outlook for June showing that low mortgage rates are helping to keeping housing on track despite rapidly rising house prices. It also looks at current projections of homeownership rates in the years to come from among various experts, as well as the latest results on refinance statistics from current homeowners. So far, homeowners aren't using cash-out refinances to overleverage themselves.
Freddie Mac Prices $950 Million Multifamily K-Deal, K-722
Marketwired - Fri Jun 24, 11:02AM CDT
MCLEAN, VA--(Marketwired - Jun 24, 2016) - Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly 7-year terms. The company expects to issue nearly $950 million in K-722 Certificates, which are expected to settle on or about June 29, 2016.
Freddie Mac Sells $706 Million of Seriously Delinquent Loans
Marketwire Canada - Tue Jun 21, 12:57PM CDT
MCLEAN, VA--(Marketwired - Jun 21, 2016) - Freddie Mac (OTCQB: FMCC) today announced it sold via auction 2,879 deeply delinquent non-performing loans (NPLs) serviced by Bayview Loan Servicing, LLC from its mortgage-related investments portfolio. The transaction is expected to settle in August 2016, and servicing will be transferred post-settlement. The sale is part of Freddie Mac's Standard Pool Offerings (SPO®). Freddie Mac, through its advisors, began marketing the transaction on May 25, 2016, to potential bidders, including minority and women-owned businesses (MWOBs), non-profits, neighborhood advocacy funds and private investors active in the NPL market.
Freddie Mac Prices $218 Million Multifamily K-Deal, K-J05
Marketwire Canada - Fri Jun 17, 2:26PM CDT
MCLEAN, VA--(Marketwired - Jun 17, 2016) - Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) that are backed by underlying collateral consisting of supplemental multifamily mortgages. The company expects to issue approximately $218 million in K Certificates (K-J05 Certificates), which are expected to settle on or about June 29, 2016.
Mortgage Rates Move Lower for Second Consecutive Week
Marketwire Canada - Thu Jun 16, 9:00AM CDT
MCLEAN, VA--(Marketwired - Jun 16, 2016) - Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates declining for the second consecutive week.
Freddie Mac Prices $1 Billion Multifamily K-DEAL, K-055
Marketwire Canada - Wed Jun 15, 9:38AM CDT
MCLEAN, VA--(Marketwired - Jun 15, 2016) - Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are multifamily mortgage-backed securities. The company expects to issue approximately $1 billion in K Certificates (K-055 Certificates), which are expected to settle on or about June 22, 2016.
Seventh Guaranteed Multifamily Small Balance Loan Securitization of 2016 Prices
Marketwire Canada - Thu Jun 09, 1:02PM CDT
MCLEAN, VA--(Marketwired - Jun 9, 2016) - Freddie Mac (OTCQB: FMCC) announces the pricing of the SB17 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 approximately $347 million in Multifamily SB Certificates (SB17 Certificates), which are anticipated to settle on or about June 27, 2016.
Freddie Mac Announces First Structured Sale of Seasoned Loans
Marketwire Canada - Wed Jun 29, 11:14AM CDT
MCLEAN, VA--(Marketwired - Jun 29, 2016) - Freddie Mac (OTCQB: FMCC) today announced a $199 million pilot structured sale of seasoned loans it currently guarantees and holds in its mortgage-related investments portfolio. The collateral is comprised of Option ARMs and loans that were originated as Option ARMs but have since been modified pursuant to a HAMP or proprietary modification. The majority of the loans have payment histories that are less than six months current or are moderately delinquent. The loans are currently serviced by JP Morgan Chase Bank, N.A.
99 of Top 100 Housing Metros Improve Year Over Year
Marketwired - Wed Jun 29, 9:00AM CDT
MCLEAN, VA--(Marketwired - Jun 29, 2016) - Freddie Mac (OTCQB: FMCC) today released its Multi-Indicator Market Index® (MiMi®), showing the spring homebuying season staying on course in most areas of the country, with two additional metros -- Charlotte, North Carolina, and Knoxville, Tennessee -- entering their benchmark ranges.
Freddie Mac Issues Monthly Volume Summary for May 2016
Marketwired - Tue Jun 28, 3:30PM CDT
MCLEAN, VA--(Marketwired - Jun 28, 2016) - Freddie Mac (OTCQB: FMCC) today issued the company's Monthly Volume Summary for May 2016.
Baby Boomers Poised to Compete for Affordable Rental Housing, Says Freddie Mac 55+ Survey
Marketwired - Tue Jun 28, 9:00AM CDT
Over 5 Million Expect to Rent Next Home by 2020
Freddie Mac Forgoes Issuing a Reference Notes(R) Security on Its June 28, 2016 Announcement Date
Marketwired - Tue Jun 28, 8:34AM CDT
MCLEAN, VA--(Marketwired - Jun 28, 2016) - Freddie Mac (OTCQB: FMCC) announced today that it will forgo issuing a Reference Notes® security on its June 28, 2016 announcement date. The company's 2016 Reference Notes calendar designates dates that it may use to announce the issuance of Reference Notes securities.
Freddie Mac Extends Disaster Relief to Eligible Borrowers in West Virginia
Marketwired - Mon Jun 27, 9:35AM CDT
MCLEAN, VA--(Marketwired - Jun 27, 2016) - Freddie Mac's (OTCQB: FMCC) full menu of disaster relief policies is now available to homeowners whose homes or place of employment were damaged or destroyed by floods in West Virginia. Freddie Mac's disaster relief policies are available to borrowers with homes in presidentially declared Major Disaster Areas where federal Individual Assistance programs are being made available to affected individuals and households. Freddie Mac is one of the nation's largest investors in residential mortgages.
Freddie Mac June 2016 Outlook
Marketwired - Mon Jun 27, 7:45AM CDT
MCLEAN, VA--(Marketwired - Jun 27, 2016) - Freddie Mac (OTCQB: FMCC) released today its monthly Outlook for June showing that low mortgage rates are helping to keeping housing on track despite rapidly rising house prices. It also looks at current projections of homeownership rates in the years to come from among various experts, as well as the latest results on refinance statistics from current homeowners. So far, homeowners aren't using cash-out refinances to overleverage themselves.
Freddie Mac Prices $950 Million Multifamily K-Deal, K-722
Marketwired - Fri Jun 24, 11:02AM CDT
MCLEAN, VA--(Marketwired - Jun 24, 2016) - Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly 7-year terms. The company expects to issue nearly $950 million in K-722 Certificates, which are expected to settle on or about June 29, 2016.
Freddie Mac Sells $706 Million of Seriously Delinquent Loans
Marketwire Canada - Tue Jun 21, 12:57PM CDT
MCLEAN, VA--(Marketwired - Jun 21, 2016) - Freddie Mac (OTCQB: FMCC) today announced it sold via auction 2,879 deeply delinquent non-performing loans (NPLs) serviced by Bayview Loan Servicing, LLC from its mortgage-related investments portfolio. The transaction is expected to settle in August 2016, and servicing will be transferred post-settlement. The sale is part of Freddie Mac's Standard Pool Offerings (SPO®). Freddie Mac, through its advisors, began marketing the transaction on May 25, 2016, to potential bidders, including minority and women-owned businesses (MWOBs), non-profits, neighborhood advocacy funds and private investors active in the NPL market.
Freddie Mac Prices $218 Million Multifamily K-Deal, K-J05
Marketwire Canada - Fri Jun 17, 2:26PM CDT
MCLEAN, VA--(Marketwired - Jun 17, 2016) - Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) that are backed by underlying collateral consisting of supplemental multifamily mortgages. The company expects to issue approximately $218 million in K Certificates (K-J05 Certificates), which are expected to settle on or about June 29, 2016.
Mortgage Rates Move Lower for Second Consecutive Week
Marketwire Canada - Thu Jun 16, 9:00AM CDT
MCLEAN, VA--(Marketwired - Jun 16, 2016) - Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates declining for the second consecutive week.
Freddie Mac Prices $1 Billion Multifamily K-DEAL, K-055
Marketwire Canada - Wed Jun 15, 9:38AM CDT
MCLEAN, VA--(Marketwired - Jun 15, 2016) - Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are multifamily mortgage-backed securities. The company expects to issue approximately $1 billion in K Certificates (K-055 Certificates), which are expected to settle on or about June 22, 2016.
Seventh Guaranteed Multifamily Small Balance Loan Securitization of 2016 Prices
Marketwire Canada - Thu Jun 09, 1:02PM CDT
MCLEAN, VA--(Marketwired - Jun 9, 2016) - Freddie Mac (OTCQB: FMCC) announces the pricing of the SB17 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 approximately $347 million in Multifamily SB Certificates (SB17 Certificates), which are anticipated to settle on or about June 27, 2016.
