Freddie Mac News Release Archive

MCLEAN, Va. , May 23, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that fixed-rate mortgages held steady. Sam Khater, Freddie Mac’s chief economist, says, “Mortgage rates fell for the fourth consecutive week... More

MCLEAN, Va., May 21, 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 ten-year terms. The approximately $801 million in K Certificates (K-F62 Certificates)... More

MCLEAN, Va., May 20, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) Multifamily today announced that it has named four vice presidents. Geri Borger Urgo is now vice president, production & sales, overseeing the Southeast and Northeast regions. Michael Case is now vice president, multifamily... More

MCLEAN, Va., May 17, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced the winners of its Home Possible RISE Awards SM . The annual program, RISE ( R ecognizing  I ndividuals for  S ustained  E xcellence), salutes Freddie Mac’s top clients across multiple categories for excellence... More

MCLEAN, Va., May 16, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announces the pricing of the SB62 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust.... More

MCLEAN, Va., May 16, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey®  (PMMS®), showing that fixed-rate mortgages dropped slightly. Sam Khater, Freddie Mac’s chief economist, says, “Modestly weaker consumer spending and... More

Cash-Out Refinance Volumes Remain Low MCLEAN, Va., May 16, 2019 (GLOBE NEWSWIRE) -- According to Freddie Mac ’s (OTCQB: FMCC) May Forecast , steady housing market growth is expected due to the positive impact of low mortgage rates, a strong labor market, low unemployment, and modest wage growth.... More

Awards 3 SPO Pools to 2 Winners MCLEAN, Va., May 14, 2019 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced it sold via auction 1,789 non-performing residential first lien loans (NPLs) from its mortgage-related investments portfolio. The loans, totaling approximately $307 million, are... More

MCLEAN, Va., May 10, 2019 (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 $783 million in K Certificates (K-1511... More

MCLEAN, Va., May 09, 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 ten-year terms. The approximately $899 million in K Certificates (K-F61 Certificates)... More