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Freddie Mac News Release Archive

Freddie Mac Multifamily to Extend COVID-19 Forbearance Program

MCLEAN, Va., Dec. 23, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) has extended to March 31, 2021 the deadline for requesting a new or supplemental COVID-19 forbearance agreement for its Multifamily loans. The program was previously set to terminate at the end of 2020.... More

Freddie Mac Issues Monthly Volume Summary for November 2020

MCLEAN, Va., Dec. 22, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for November 2020, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other... More

Freddie Mac Clears Path for New Index Rate

Company Begins Purchasing SOFR-indexed Products and Launches SOFR-indexed Offerings MCLEAN, Va., Dec. 17, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today highlighted the key milestones it achieved in 2020 as part of its transition from LIBOR (formally the London Interbank Offered Rate) to... More

Mortgage Rates Hit Another Record Low

MCLEAN, Va., Dec. 17, 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 2.67 percent, the lowest rate in the survey’s history which dates back to 1971 .... More

Freddie Mac Prices $585 Million Multifamily KG-Deal, K-G04

MCLEAN, Va., Dec. 16, 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 $585 million in K Certificates (K-G04... More