Friday, March 29, 2024
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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Freddie Mac Funds First Multifamily Loan Under Its Mezzanine Finance Arrangement

McLean, VA - January 7, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) recently funded its first mortgage using the new mezzanine finance arrangement. Freddie Mac purchased a $47 million first mortgage from M&T Capital Realty Corp. for a property in the Washington, D.C., suburbs. The borrower, Metropolitan Apartments at Camp Springs L.L.C., secured a mezzanine loan for $6.75 million from Berkshire Properties

Long- and Short-Term Mortgages Drop This Week

McLean, VA - January 6, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey®(PMMS®). The survey results showed lower mortgage rates for both long- and short-term rates

Freddie Mac Prices New $6 Billion Three-Year Reference Notes® Security

McLean, VA - January 5, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) announced today that it priced its new 1.375% $6 billion three-year USD Reference Notes® security due on February 25, 2014. The issue, CUSIP number 3137EACR8, was priced at 100 to yield 1.375%, or 27 basis points more than three-year U.S. Treasury Notes. The issue will settle on Thursday, January 6, 2011

Statement of Charles E. Haldeman, Jr., Freddie Mac Chief Executive Officer, on Loan Repurchase...

McLean, VA - January 4, 2011 - (RealEstateRama) -- I'm pleased to reach this agreement with Bank of America and believe it is in all parties' best interests. Since entering federal conservatorship, Freddie Mac has focused sharply on being a responsible steward of taxpayer funds, and we have worked closely with our lender partners to ensure that standards for loan underwriting are vigorously maintained. Bank of America has long been one of Freddie Mac's largest and most important business partners and we look forward to continuing our work together to provide mortgage funding for America's families.

Freddie Mac Announces the Issuance of a New Three-Year Reference Notes® Security

McLean, VA - January 4, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) announced today that it plans to issue a new three-year USD Reference Notes® security, CUSIP number 3137EACR8, due on February 25, 2014. The issue will be priced on Wednesday, January 5, 2011, and will settle on Thursday, January 6, 2011, at benchmark size.

Rates Mostly Up in Freddie Mac Weekly Survey

McLean, VA - December 30, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which saw all but the 1-year ARM rise. This brings 30-year mortgage rates back to levels seen in May of this year, while the 15-year ties levels not seen since June. Even so, mortgage rates remain incredibly low

Mortgage Rates Ease Back a Little This Week

McLean, VA - December 23, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its (PMMS®), which found that both fixed-rate mortgage rates eased slightly this week. The 5-year hybrid ARM dropped back slightly, but the 1-year ARM rates were up

Freddie Mac Issues Monthly Volume Summary for November 2010

McLean, VA - December 23, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today issued the company's Monthly Volume Summary for November 2010. The summary, available on the company's Web site at, provides information on Freddie Mac's mortgage-related portfolios, securities issuance, risk management and delinquencies, including data on seriously delinquent mortgage loans in related mortgage Participation Certificate (PC) pools.

Freddie Mac Extends Foreclosure Protection for Service Members Through 2011

McLean, VA - December 20, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today instructed its servicers to delay initiating foreclosure for at least nine months for financially troubled service members who are released from active duty through the end of 2011 and have Freddie Mac-owned mortgages. Freddie Mac is one of the nation’s largest investors in conforming, conventional mortgages

Mortgage Rates Continue to Climb

McLean, VA - December 16, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which found that both fixed- and short-term mortgage rates continued to rise this week. This was the fifth week in a row where fixed-rate mortgage rates were up

Freddie Mac Will Not Issue a Reference Notes® Security on December 15, 2010

McLean, VA - December 15, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) announced today that it will not issue a Reference Notes® security on December 15, 2010. The company’s 2010 Reference Notes calendar designates dates that it may use to announce the issuance of Reference Notes securiti

Bond Yields Rise and So Do Mortgage Rates

McLean, VA - December 9, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which found that once again, both fixed- and short-term mortgage rates rose this week. This was the fourth week in a row where fixed-rate mortgage rates were up.

Freddie Mac to Provide New PC Pool-Level Delinquency Disclosures on Monthly Basis

McLean, VA - December 7, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) announced today that it expects to begin providing on a monthly basis pool-level delinquency disclosures on its single-family Mortgage Participation Certificate (PC) and Giant PC securities

Long-Term Mortgage Rates Rise for the Third Time in as Many Weeks

McLean, VA - December 2, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which found that the both fixed- and shorter-term mortgage rates rose this week. This was the third week in a row where fixed-rate mortgage rates were up

Freddie Mac Suspends Evictions From December 20 to January 3, 2011

McLean, VA - December 1, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today announced it has ordered all evictions involving foreclosed occupied single family and 2-4 unit properties that had Freddie Mac mortgages to be suspended from December 20, 2010 to January 3, 2011.

Freddie Mac Prices New $4 Billion Two-Year Reference Notes® Security

McLean, VA - December 1, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) announced today that it priced its new 0.625% $4 billion two-year USD Reference Notes® security due on December 28, 2012. The issue, CUSIP number 3137EACQ0, was priced at 99.866 to yield 0.69%, or 17 basis points more than two-year U.S. Treasury Notes. The issue will settle on Thursday, December 2, 2010.

Freddie Mac Prices $1 Billion Reopening of 0.875% Three-Year Reference Notes® Security

McLean, VA - November 30, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) announced today that it auctioned a $1 billion reopening of its 0.875% three-year USD Reference Notes® security that matures on October 28, 2013. The stop yield for the issue, CUSIP 3137EACL1, was 0.869%, priced at 100.016468, or approximately 16.3 basis points more than three-year U.S. Treasury Notes. The bid-to-cover ratio was 2.915 to 1.

Home Values Decline in Third Quarter

McLean, VA - November 30, 2010 - (RealEstateRama) -- Freddie Mac (OTC:FMCC) announced today the results of its third quarter Conventional Mortgage Home Price Index (CMHPI).

Freddie Mac to Issue a New Two-Year Reference Notes® Security and $1 Billion Reopening...

McLean, VA - November 30, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) announced today that it plans to issue a new two-year USD Reference Notes® security, CUSIP number 3137EACQ0, due on December 28, 2012. The issue will be priced on Wednesday, December 1, 2010, and will settle on Thursday, December 2, 2010, at benchmark size.

Mortgage Rates Stable This Week

McLean, VA - November 24, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which found that the 30-year fixed-rate mortgage (FRM) and the 15-year (FRM) edged up slightly this week. The 5-year ARM also rose, while the 1-year ARM fell a bit from the previous week.

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GFP Real Estate and Its Tenants Raise More Than $200,000 to...

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