Authors Posts by Freddie Mac

Freddie Mac is a stockholder-owned corporation established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac raises capital on Wall Street and throughout the world's capital markets to finance mortgages for families across America. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters

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Global Market Volatility Pushes Mortgage Rates Lower

Freddie Mac (OTCQB: FMCC) today released the results of itsPrimary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates falling to their lowest levels since May of this year amid substantial and ongoing global volatility out of China.

U.S. Housing Markets Strengthen

Freddie Mac (OTCQB: FMCC) today released its updated Multi-Indicator Market Index® (MiMi®) showing the U.S. housing market continuing to slowly stabilize with two additional states, Arkansas and Tennessee, and four additional metro areas entering their outer range of stable housing activity: Omaha, Nebraska; Scranton, Pennsylvania; Chattanooga, Tennessee and Madison, Wisconsin.

Where Are Future Homebuyers Hiding? In Single-Family Rental Properties

New Freddie Mac (OTCQB: FMCC) research provides insight into the question of which renters are likely to buy a home? The research shows that people renting single-family properties (renting a house/townhouse or condo) may be more likely to buy than those in apartments. In the U.S. about 15 million households rent a single-family house and 25 million rent an apartment, according to U.S. Census Data.

30-Year Fixed-Rate Mortgage Remains Below Four Percent

Freddie Mac (OTCQB: FMCC) today released the results of itsPrimary Mortgage Market Survey® (PMMS®), 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.

Freddie Mac Prices $1.2 Billion Multifamily K-Deal Backed by Seasoned Loans

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

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.

Freddie Mac Prices $471 Million Multifamily K-Deal, K-719

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.

Warner on Executive Pay at Freddie Mac & Fannie Mae

U.S. Sen. Mark R. Warner (D-VA), a member of the Senate Banking Committee and Ranking Member of the Banking Subcommittee overseeing the secondary mortgage market, released a statement after mortgage-finance companies Freddie Mac and Fannie Mae disclosed today that their regulator, the Federal Housing Finance Agency, had authorized them to review the pay of their top executives

Freddie Mac Reports First Quarter 2015 Financial Results

Freddie Mac (OTCQB: FMCC) today reported its first quarter 2015 financial results and filed its quarterly Form 10-Q with the U.S. Securities and Exchange Commission (SEC). The company's SEC filing and press release are available now on the company's website, www.freddiemac.com/investors, along with the first quarter 2015 financial results supplement

Mortgage Rates Up on Mixed Economic and Housing Data

(Marketwired - Apr 30, 2015) - Freddie Mac (OTCQB: FMCC) today released the results of itsPrimary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates slightly higher amid mixed housing and economic reports.

Freddie Mac Reaches the $100 Billion Milestone in Multifamily K-Deal Securitizations

Freddie Mac (OTCQB: FMCC) Multifamily today announces a significant milestone -- it has securitized more than $100 billion of multifamily mortgages through its innovative K-Deal program. By laying off the vast majority of the expected credit losses of the underlying loans to private capital markets, K-Deals reduce the company's credit exposure and taxpayer risk.

Freddie Mac Issues Monthly Volume Summary for March 2015

The summary, available on the company's website at www.FreddieMac.com/investors/volsum, provides information on Freddie Mac's mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments

Freddie Mac Makes Single-Family Loan-Level Data Publicly Available to Boost Transparency and Modeling Accuracy

MCLEAN, VA - March 21, 2013 - (RealEstateRama) -- Freddie Mac (OTCQB: FMCC) today announced that it is making available loan-level credit performance data on a portion of the fully amortizing 30-year fixed-rate single-family mortgages the company purchased over the past 13 years. The company is making the single-family performance data available at the direction of its regulator, the Federal Housing Finance Agency (FHFA).

Freddie Mac Extends Mortgage Relief to Borrowers Affected by Mississippi Storms

MCLEAN, VA - March 13, 2013 - (RealEstateRama) -- Freddie Mac's (OTCQB: FMCC) full menu of relief policies for borrowers affected by disaster is being extended to homeowners whose homes were damaged or destroyed by the storms and floods that swept through Mississippi last February and are located in jurisdictions that the President has declared to be Major Disaster Areas and where federal Individual Assistance programs are made available to affected individuals and households. Freddie Mac is one of the nation's largest investors in residential mortgages

Freddie Mac Announces Fourth Multifamily Securities Offering of the Year, K-SMC

MCLEAN, VA - March 13, 2013 - (RealEstateRama) -- Freddie Mac (OTCQB: FMCC) today announced a new offering of Structured Pass-Through Certificates ("K Certificates"), which are multifamily mortgage-backed securities. The company expects to offer approximately $1.35 billion in K Certificates ("K-SMC Certificates"), which are backed by properties owned by Southern Management Corporation affiliates. The K-SMC Certificates are expected to price on or about March 15, 2013, and settle on or about March 28, 2013. This is Freddie Mac's fourth K Certificate offering this year, and its third single sponsor securitization since 2010.

Mortgage Rates Break Holding Pattern, Move Lower

MCLEAN, VA - February 28, 2013 - (RealEstateRama) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving lower after being largely unchanged over the past month, while continuing to help drive the housing recovery leading up to the spring home buying season.

Freddie Mac Changes Policies So Borrowers Will Get Hurricane Sandy Insurance Proceeds Faster

MCLEAN, VA - February 22, 2013 - (RealEstateRama) -- Freddie Mac (OTCQB: FMCC) today took steps to cut the time it's taking servicers to get insurance proceeds to borrowers to start repairs on homes damaged by Hurricane Sandy and secured by Freddie Mac-owned or -guaranteed mortgages. Freddie Mac is one of the nation's largest investors in single-family and multifamily mortgages.

Average 30-Year Fixed-Rate Mortgage Up a Smidgen

MCLEAN, VA - February 21, 2013 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates changing little over the past four weeks which is helping to spur new home construction. After being flat for three straight weeks, the 30-year fixed edged up to 3.56 percent, while the 15-year fixed remained unchanged at 2.77 percent.

February 2013 U.S. Economic and Housing Market Outlook

MCLEAN, VA - February 14, 2013 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) released today its U.S. Economic and Housing Market Outlook for February showing that while the housing sector is recovering, the level of housing activity is still near historic lows. And in many markets, especially those hardest hit, there is room for sustainable growth because of record high homebuyer affordability; a factor of relatively low house prices, mortgage rates and modestly rising income.

30-Year Fixed-Rate Mortgage Unchanged for Third Consecutive Week

MCLEAN, VA - February 14, 2013 - (RealEstateRama) - Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS®), showing average fixed mortgage rates unchanged from the previous week and remaining near their record lows as they continue to support housing demand, translating into a pick-up in home prices in most markets.

Business Real Estate Press Releases

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Investec Announces Acquisition of The Esplanade Shopping Center in Oxnard

Investec Real Estate Companies, specializing in the acquisition, development, management and leasing of retail properties in California, is pleased to announce its newest acquisition, The Esplanade Shopping Center in Oxnard, California. The 356,864-­­ square-foot shopping center is anchored by Dick’s Sporting Goods

Recent Gov & Nonprofit Real Estate Press Releases

HUD - U.S. Department of Housing and Urban Development

SECRETARY CARSON TO LEAD WHITE HOUSE OPPORTUNITY AND REVITALIZATION COUNCIL

President Donald Trump signed an Executive Order establishing the White House Opportunity and Revitalization Council and named U.S. Housing and Urban Development (HUD) Secretary Ben Carson as its chairperson.