Posts Tagged Freddie mac


Training and Events; Freddie Mac’s K-Deals; Top QC Issues

Think you have problems? What if you owned a mall and your main tenant is Toys “R” Us? As in the Toys “R” Us that declared bankruptcy. You aint alone: about $5.5 billion in CMBS (commercial mortgage backed securities) are exposed to Toys “R” Us bankruptcy. Like so many other retailers that are grappling with a […]

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As the CEO of Freddie Mac outlines, a capital buffer is not a recapitalization.

Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) are two companies currently being held in conservatorship by their regulator and conservator the Federal Housing Finance Agency. Lately, there’s been a lot of back and forth about the capital buffer. Some people love it. Some people hate it. Some people are asking me what certain people could […]

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Freddie Mac Prices $464 Million Multifamily K-Deal, K-MP1, Backed by Properties Controlled by Morgan Properties

MCLEAN, VA–(Marketwired – Sep 22, 2017) – Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), backed by fixed-rate multifamily mortgages with seven-year terms. The approximately $464 million in K Certificates (K-MP1 Certificates) are backed by fourteen properties indirectly controlled by Morgan Properties or their affiliates. K-MP1 is expected […]

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Freddie Mac September 2017 Outlook

The FINANCIAL — Freddie Mac on September 21 released its monthly Outlook for September, which analyzes the trends that will drive the mortgage market in 2018. These trends include an increase in purchase mortgage volume, a cooling of refinance activity and continued strong house price growth. Outlook Highlights With 1.33 million housing starts expected in […]

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Freddie Mac: New home sales set to take over in 2018

Home sales are expected to increase slightly in 2018 as new home sales take over the market, according to Freddie Mac’s monthly Outlook for September. Freddie Mac expects housing starts to increase to 1.33 million in 2018, up from 1.22 million in 2017. In fact, the GSE predicted that new home sales will continue to increase […]

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Playing Russian Roulette With The U.S. Housing Finance System

Can Stock Photo Forcing Fannie Mae and Freddie Mac into another bailout is an irresponsible game of chance. Last month, Mel Watt, director of the Federal Housing Finance Agency (FHFA), announced that the two mortgage giants, Fannie Mae and Freddie Mac, could require a federal bailout of as much as $100 billion in the event […]

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Freddie Mac September 2017 Outlook

CONTACT: Chad Wandler 703-903-2446Chad_Wandler@FreddieMac.com

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Freddie Mac Announces Pricing of $233 Million Multifamily Small Balance Loan Securitization

MCLEAN, VA, Sep 20, 2017 (Marketwired via COMTEX) — MCLEAN, VA–(Marketwired – Sep 20, 2017) – Freddie Mac (otcqb:FMCC) announces the pricing of the SB38 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 $233 million in Multifamily […]

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KBRA Assigns Preliminary Ratings to FREMF 2017-K67 and Freddie Mac Structured Pass-Through Certificates K-067

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to nine classes of FREMF Series 2017-K67 mortgage pass-through certificates and five classes of Freddie Mac structured pass-through certificates (SPCs), Series K-067 (see ratings list below). FREMF Series 2017-K67 is a $1.4 billion CMBS multi-borrower transaction. Freddie Mac will […]

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Nine years after the crisis, Fannie and Freddie remain unfixed

This month marks the ninth anniversary of the start of the Great Recession. And today, the U.S. economy still remains susceptible to a pair of major drivers behind that crisis: Fannie Mae and Freddie Mac. As the crisis exhibited all too clearly, the government-sponsored enterprise duopoly system creates systemic risk for everyone, most notably to […]

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