Freddie Mac News Release Archive

Freddie Mac to Use ARRC Recommended Fallback Language for Single-Family Adjustable Rate Mortgages MCLEAN, Va. – November 15, 2019 -- Freddie Mac (OTCQB: FMCC) today issued the following statement regarding the Alternative Reference Rate Committee’s recommendation to replace LIBOR with a n... More

Brings 2019 SCRT Program Issuance to $9 Billion MCLEAN, Va., Nov. 14, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced pricing of the fourth Seasoned Credit Risk Transfer Trust (SCRT) offering of 2019—a rated securitization of approximately $2.3 billion including both guaranteed... More

MCLEAN, Va., Nov. 14, 2019 (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 3.75 percent. “The modest uptick in mortgage rates over the last two months reflects... More

MCLEAN, Va., Nov. 07, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) Multifamily recently priced an offering of Structured Pass-Through Certificates ( K Certificates ) backed exclusively by multifamily mortgages on seniors housing properties. The company offered approximately $448 Million in K... More

MCLEAN, Va., Nov. 07, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates ( K Certificates ) backed by floating-rate multifamily mortgages with  10-year terms. The approximately $739 million in K Certificates (K-F71 Certificates)... More

MCLEAN, Va., Nov. 07, 2019 (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 fixed-rate multifamily mortgages with predominantly 10-year terms.... More

MCLEAN, Va., Nov. 07, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey â (PMMS â ), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.69 percent. “After a year-long slide, mortgage rates hit a cycle low in September 2019... More

Thousands of Rental Units Backed by Growing Federal Loan Guarantee Program MCLEAN, Va., Nov. 06, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released a white paper detailing how the USDA Section 538 loan guarantee program is supporting thousands of rural, multifamily housing units... More

Awards 4 SPO Pools to 3 Winners MCLEAN, Va., Nov. 06, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced it sold via auction 2,243 non-performing residential first lien loans (NPLs) from its mortgage-related investments portfolio. The loans, with a balance of approximately $369... More

More than 8,500 loans in 300+ metros financed since October 2015 MCLEAN, Va., Nov. 05, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released an analysis of its Small Balance Loan (SBL) program detailing the success of the program in its first five years.... More