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Freddie Mac News Release Archive

Freddie Mac Announces J.P. Morgan as Financial Advisor

Key hire furthers progress toward exit from conservatorship MCLEAN, Va., June 15, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced it has hired J.P. Morgan as a financial advisor to help facilitate the company’s recapitalization and exit from conservatorship.... More

Freddie Mac Prices $729 million Multifamily K-Deal, K-1515

MCLEAN, Va., June 11, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates ( K Certificates ), which are multifamily mortgage-backed securities. The company expects to issue approximately $729 million in K Certificates (K-1515... More

Mortgage Rates Remain Relatively Flat

MCLEAN, Va., June 11, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey®  (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.21 percent. “The rebound in homebuyer demand continued this week, driven by mortgage... More

STACR Debt Notes Receive Top NAIC Designations for Fourth Straight Year

Thirteen Bonds Receive Higher 2019 Designations MCLEAN, Va., June 10, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that its Structured Agency Credit Risk (STACR ® ) debt notes have received top designations by the National Association of Insurance Commissioners (NAIC) for the... More

Mortgage Rates Tick Up Slightly

MCLEAN, Va., June 04, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ®  (PMMS ® ), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.18 percent. “While the economy is slowly rebounding, all signs continue to point to a... More

Freddie Mac Prices $257 Million Multifamily K-Deal, K-J29

MCLEAN, Va., June 02, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates ( K Certificates ) which are backed by underlying collateral consisting of supplemental multifamily mortgages.... More

Freddie Mac Appoints Christian M. Lown Chief Financial Officer

MCLEAN, Va., June 02, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the appointment of Christian M. Lown as Executive Vice President and Chief Financial Officer, effective June 15, 2020. Lown was previously EVP and CFO at Navient Corporation. He succeeds Donald F.... More

Freddie Mac Announces LIBOR Transition Website

MCLEAN, Va., May 28, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the launch of a new website providing key resources for lenders and investors as the company transitions from the London Interbank Offered Rate (LIBOR). The announcement comes alongside announcements made by the... More

Mortgage Rates Hit Another All-Time Low

MCLEAN, Va., May 28, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ®  (PMMS ® ), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.15 percent. “The 30-year fixed-rate mortgage has again hit the lowest level in our... More

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