Archive for the Freddie Mac Category


A Tell-All About Working At Freddie Mac During the Housing Crisis

When Congress slogged through the post-recession enactment of the 2010 Dodd-Frank Financial Reform Act, lawmakers basically punted on how to handle the government-sponsored enterprises known as Freddie Mac and Fannie Mae. Both were taken into emergency conservatorship by the Treasury Department (costing taxpayers some $187.5 billion before they returned a profit to the Treasury). But […]

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Freddie Mac Prices $460.4 Million Multifamily K-Deal, K-L01

MCLEAN, VA, May 26, 2017 (Marketwired via COMTEX) — New Offering is Latest Innovation in Flagship Credit-Risk Transfer Program MCLEAN, VA–(Marketwired – May 26, 2017) –  Freddie Mac (otcqb:FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are multifamily mortgage-backed securities. Announced today, the K-L series of certificates are backed by […]

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Freddie Mac Pulls a 180 in Housing Outlook

Rather than taking a step back this year, home sales now seem ready to best their 2016 numbers.  Freddie Mac’s economists admit that, up until this month, their expectations were for the former (i.e. a ‘step back’), but based on recent data, they now see the U.S. housing market “on track to eclipse last year […]

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BRIEF-Freddie Mac prices $460.4 mln multifamily K-deal, K-L01 certificates

May 26 Freddie Mac: * Freddie Mac prices $460.4 million multifamily K-deal, K-L01 * K-l01 certificates are expected to settle on or about June 6, 2017 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 806 749 1136)

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Freddie Mac Prices $460.4 Million Multifamily K-Deal, K-L01 …

MCLEAN, VA, May 26, 2017 (Marketwired via COMTEX) — New Offering is Latest Innovation in Flagship Credit-Risk Transfer Program MCLEAN, VA–(Marketwired – May 26, 2017) –  Freddie Mac (otcqb:FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are multifamily mortgage-backed securities. Announced today, the K-L series of certificates are backed by […]

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Freddie Mac Forgoes Issuing a Reference Notes Security on its May 24, 2017 Announcement Date

MCLEAN, VA, May 24, 2017 (Marketwired via COMTEX) — MCLEAN, VA–(Marketwired – May 24, 2017) –  Freddie Mac (otcqb:FMCC) announced today that it will forgo issuing a Reference Notes® security on its May 24, 2017 announcement date. The company’s 2017 Reference Notes calendar designates dates that it may use to announce the issuance of Reference Notes […]

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Freddie Mac: Cash-out refinance activity highest since the bust …

This years is shaping up to outpace expectations thanks to a resilience in refinance demand, especially when it comes to cash-out transactions. According to Freddie Mac’s May Economic and Housing Research Outlook report, 2017 is performing so well that its increased its 2017 forecast for mortgage originations by just over $200 billion and added $100 […]

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Freddie Mac: Mortgage rates now sit at lowest level in 2017

As forecasted, mortgage rates continued to drop in the latest Freddie Mac Primary Mortgage Market Survey. And not only did rates drop, but they now sit at their lowest mark of the year. Last week, mortgage rates fell slightly, but remained above the 4% mark. Freddie Mac Chief Economist Sean Becketti said at the time, “The […]

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US Looks To Get Mortgage Giants Fannie And Freddie Out Of Conservatorship

AUDIE CORNISH, HOST: It’s been nearly nine years since Fannie Mae and Freddie Mac got into financial trouble and had to be placed in conservatorship. The mortgage giants needed a cash infusion of $188 billion, and they got it from the U.S. Treasury. The bailout worked. In fact, the government has so far netted $81 […]

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Freddie Mac May 2017 Outlook

The FINANCIAL — Freddie Mac on May 24 released its monthly Outlook for May, which analyzes why the U.S. housing market is on track to eclipse last year despite weak economic growth. Outlook Highlights Since March, mortgage rates have declined about a quarter of a percentage point to about four percent with little change. Expect […]

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