Freddie Mac (FMCC) 1.7665 $FMCC
Freddie Mac Prices $1.27 Billion Seniors Housing Multifamily K Certificates
Marketwire Canada - Fri Jul 22, 10:27AM CDT
MCLEAN, VA--(Marketwired - Jul 22, 2016) - Freddie Mac (OTCQB: FMCC) Multifamily recently priced an offering of Structured Pass-Through Certificates (K Certificates) backed exclusively by multifamily mortgages on seniors housing properties. The company offered approximately $1.27 billion in K Certificates (K-S05 Certificates) that are expected to settle on or about July 28, 2016. This is Freddie Mac's fifth K Certificate offering backed exclusively by seniors housing.
Ninth Guaranteed Multifamily Small Balance Loan Securitization of 2016 Prices
Marketwire Canada - Fri Jul 22, 7:33AM CDT
MCLEAN, VA--(Marketwired - Jul 22, 2016) - Freddie Mac (OTCQB: FMCC) announces the pricing of a new offering of Structured Pass-Through Certificates (SB-019 Certificates), a multifamily mortgage-backed securitization backed by small balance loans originated by First Foundation Bank and re-underwritten by Freddie Mac. The company expects to issue approximately $238 million in SB-019 Certificates, which are anticipated to settle on or about July 28, 2016.
Court reinstates Ohio's Freddie Mac suit over pension losses
AP - Wed Jul 20, 2:18PM CDT
CINCINNATI (AP) — The federal appeals court in Cincinnati has reinstated Ohio's lawsuit accusing Freddie Mac of defrauding the state's mammoth pension fund by systematically investing in sub-prime home loans.
Freddie Mac Prices First Whole Loan Securities of 2016
Marketwire Canada - Wed Jul 20, 2:06PM CDT
$348 Million Senior/Sub Credit Risk Offering
Freddie Mac July 2016 Insight
Marketwire Canada - Tue Jul 19, 9:12AM CDT
Fun After Fifty
Freddie Mac Announces the Issuance of a New Three-Year Reference Notes(R) Security
Marketwire Canada - Mon Jul 18, 9:26AM CDT
MCLEAN, VA--(Marketwired - Jul 18, 2016) - Freddie Mac (OTCQB: FMCC) announced today that it plans to issue a new three-year USD Reference Notes® security, CUSIP number 3137EAEB1, due on July 19, 2019. The issue will be priced on Tuesday, July 19, 2016, and will settle on Wednesday, July 20, 2016, at benchmark size.
Washington state invalidates common mortgage provision
By GENE JOHNSON - AP - Sun Jul 17, 1:14PM CDT
SEATTLE (AP) — Laura Jordan came home from work one day to find herself locked out. She had missed two mortgage payments, and the company servicing her loan had changed the locks without warning.
Freddie Mac Prices $979 Million Multifamily K-Deal, K-F18
Marketwire Canada - Wed Jul 13, 8:25AM CDT
MCLEAN, VA--(Marketwired - Jul 13, 2016) - Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) backed by floating-rate multifamily mortgages with 10-year terms. The approximately $979 million in K Certificates (K-F18 Certificates) are expected to settle on or about July 25, 2016.
Eighth Guaranteed Multifamily Small Balance Loan Securitization of 2016 Prices
Marketwire Canada - Wed Jul 13, 8:15AM CDT
MCLEAN, VA--(Marketwired - Jul 13, 2016) - Freddie Mac (OTCQB: FMCC) announces the pricing of the SB18 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 $106 million in Multifamily SB Certificates (SB18 Certificates), which are anticipated to settle on or about July 26, 2016.
Freddie Mac July 2016 Outlook
Marketwired - Tue Jul 12, 7:45AM CDT
MCLEAN, VA--(Marketwired - Jul 12, 2016) - Freddie Mac (OTCQB: FMCC) released today its monthly Outlook for July showing international concerns, particularly slowing growth in China and the Brexit vote in the U.K., have played a major role in driving down mortgage rates. In the most recent Primary Mortgage Market Survey the 30-year fixed-rate mortgage fell to 3.41 percent, just slightly above the all-time record low. This is likely to result in a boost in housing activity, particularly refinance, as homeowners take advantage of the current low rates.
Freddie Mac Announces New Factor Methodology for Single-Family and Multifamily Mortgage-Backed Securities
Marketwire Canada - Fri Jul 08, 7:30AM CDT
MCLEAN, VA--(Marketwired - Jul 8, 2016) - Freddie Mac (OTCQB: FMCC) today announced that the company will round, rather than truncate, the last digit of the factors for substantially all Single-Family and Multifamily mortgage-backed securities published on or after July 25, 2016. Currently, Freddie Mac factors are truncated after the last decimal place.
Mortgage Rates Approaching All-Time Record Lows
Marketwire Canada - Thu Jul 07, 9:00AM CDT
MCLEAN, VA--(Marketwired - Jul 7, 2016) - Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates dropping further to new 2016 lows in the wake of the Brexit vote. At 3.41 percent, the 30-year fixed-rate mortgage is just 10 basis points from its November 2012 all-time record low of 3.31 percent.
Freddie Mac Prices $1.27 Billion Seniors Housing Multifamily K Certificates
Marketwire Canada - Fri Jul 22, 10:27AM CDT
MCLEAN, VA--(Marketwired - Jul 22, 2016) - Freddie Mac (OTCQB: FMCC) Multifamily recently priced an offering of Structured Pass-Through Certificates (K Certificates) backed exclusively by multifamily mortgages on seniors housing properties. The company offered approximately $1.27 billion in K Certificates (K-S05 Certificates) that are expected to settle on or about July 28, 2016. This is Freddie Mac's fifth K Certificate offering backed exclusively by seniors housing.
Ninth Guaranteed Multifamily Small Balance Loan Securitization of 2016 Prices
Marketwire Canada - Fri Jul 22, 7:33AM CDT
MCLEAN, VA--(Marketwired - Jul 22, 2016) - Freddie Mac (OTCQB: FMCC) announces the pricing of a new offering of Structured Pass-Through Certificates (SB-019 Certificates), a multifamily mortgage-backed securitization backed by small balance loans originated by First Foundation Bank and re-underwritten by Freddie Mac. The company expects to issue approximately $238 million in SB-019 Certificates, which are anticipated to settle on or about July 28, 2016.
Court reinstates Ohio's Freddie Mac suit over pension losses
AP - Wed Jul 20, 2:18PM CDT
CINCINNATI (AP) — The federal appeals court in Cincinnati has reinstated Ohio's lawsuit accusing Freddie Mac of defrauding the state's mammoth pension fund by systematically investing in sub-prime home loans.
Freddie Mac Prices First Whole Loan Securities of 2016
Marketwire Canada - Wed Jul 20, 2:06PM CDT
$348 Million Senior/Sub Credit Risk Offering
Freddie Mac July 2016 Insight
Marketwire Canada - Tue Jul 19, 9:12AM CDT
Fun After Fifty
Freddie Mac Announces the Issuance of a New Three-Year Reference Notes(R) Security
Marketwire Canada - Mon Jul 18, 9:26AM CDT
MCLEAN, VA--(Marketwired - Jul 18, 2016) - Freddie Mac (OTCQB: FMCC) announced today that it plans to issue a new three-year USD Reference Notes® security, CUSIP number 3137EAEB1, due on July 19, 2019. The issue will be priced on Tuesday, July 19, 2016, and will settle on Wednesday, July 20, 2016, at benchmark size.
Washington state invalidates common mortgage provision
By GENE JOHNSON - AP - Sun Jul 17, 1:14PM CDT
SEATTLE (AP) — Laura Jordan came home from work one day to find herself locked out. She had missed two mortgage payments, and the company servicing her loan had changed the locks without warning.
Freddie Mac Prices $979 Million Multifamily K-Deal, K-F18
Marketwire Canada - Wed Jul 13, 8:25AM CDT
MCLEAN, VA--(Marketwired - Jul 13, 2016) - Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) backed by floating-rate multifamily mortgages with 10-year terms. The approximately $979 million in K Certificates (K-F18 Certificates) are expected to settle on or about July 25, 2016.
Eighth Guaranteed Multifamily Small Balance Loan Securitization of 2016 Prices
Marketwire Canada - Wed Jul 13, 8:15AM CDT
MCLEAN, VA--(Marketwired - Jul 13, 2016) - Freddie Mac (OTCQB: FMCC) announces the pricing of the SB18 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 $106 million in Multifamily SB Certificates (SB18 Certificates), which are anticipated to settle on or about July 26, 2016.
Freddie Mac July 2016 Outlook
Marketwired - Tue Jul 12, 7:45AM CDT
MCLEAN, VA--(Marketwired - Jul 12, 2016) - Freddie Mac (OTCQB: FMCC) released today its monthly Outlook for July showing international concerns, particularly slowing growth in China and the Brexit vote in the U.K., have played a major role in driving down mortgage rates. In the most recent Primary Mortgage Market Survey the 30-year fixed-rate mortgage fell to 3.41 percent, just slightly above the all-time record low. This is likely to result in a boost in housing activity, particularly refinance, as homeowners take advantage of the current low rates.
Freddie Mac Announces New Factor Methodology for Single-Family and Multifamily Mortgage-Backed Securities
Marketwire Canada - Fri Jul 08, 7:30AM CDT
MCLEAN, VA--(Marketwired - Jul 8, 2016) - Freddie Mac (OTCQB: FMCC) today announced that the company will round, rather than truncate, the last digit of the factors for substantially all Single-Family and Multifamily mortgage-backed securities published on or after July 25, 2016. Currently, Freddie Mac factors are truncated after the last decimal place.
Mortgage Rates Approaching All-Time Record Lows
Marketwire Canada - Thu Jul 07, 9:00AM CDT
MCLEAN, VA--(Marketwired - Jul 7, 2016) - Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates dropping further to new 2016 lows in the wake of the Brexit vote. At 3.41 percent, the 30-year fixed-rate mortgage is just 10 basis points from its November 2012 all-time record low of 3.31 percent.
