Freddie Mac News Release Archive

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

Year-to-Date Credit Protection Rises to $196 Billion in Unpaid Principal Balance at Issuance MCLEAN, Va., Nov. 05, 2019 (GLOBE NEWSWIRE) -- Freddie Mac ’s Single-Family business today announced that its Credit Risk Transfer (CRT) program transferred approximately $2.5 billion of credit risk on $69... More

MCLEAN, Va., Nov. 01, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) Multifamily announced today the promotion of Richard C. Martinez to senior vice president, multifamily production and sales. In his newly expanded role, Richard will oversee production for all Optigo sm product lines,... More

MCLEAN, Va., Nov. 01, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) recently priced a K-C Series offering of Structured Pass-Through Certificates ( K Certificates ), which are multifamily mortgage-backed securities. The company expects to issue approximately $602 million in K Certificates... More

MCLEAN, Va., Oct. 31, 2019 (GLOBE NEWSWIRE) -- According to Freddie Mac ’s (OTCQB: FMCC) October Forecast , the housing market will continue to firm as home sales rise to 6.0 million for 2019 before increasing to 6.1 million for 2020.  “Economic growth has slowed significantly across the globe, but... More

MCLEAN, Va., Oct. 31, 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 $755 million in K Certificates (K-F70 Certificates)... More