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Freddie Mac News Release Archive

Freddie Mac Enhances the Digital Mortgage Experience

Real-time payroll income verification improves underwriting, reduces risk MCLEAN, Va., March 18, 2021 (GLOBE NEWSWIRE) -- Freddie Mac  (OTCQB: FMCC) announced today that automated payroll income verification is broadly available to lenders so they can reduce the documentation burden on borrowers,... More

Mortgage Rates Continue to Inch Up

MCLEAN, Va., March 18, 2021 (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 3.09 percent. “As expected, mortgage rates continued to inch up but are still hovering... More

Freddie Mac Prices $938 Million Multifamily K-Deal, K-F103

MCLEAN, Va., March 18, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) has priced a new offering of Structured Pass-Through Certificates ( K Certificates ), which includes a class of floating rate bonds indexed to the Secured Overnight Financing Rate (SOFR).... More

Freddie Mac Prices $1.4 Billion Multifamily K-Deal, K-127

MCLEAN, Va., March 17, 2021 (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

Freddie Mac Names Mark B. Grier as Interim CEO

MCLEAN, Va., March 16, 2021 (GLOBE NEWSWIRE) -- Freddie Mac  (OTCQB: FMCC) announced today that the company has named Mark B. Grier, Member of the Board of Directors and veteran of the financial services industry, as the company’s Interim Chief Executive Officer (CEO).... More

Freddie Mac Prices $1.2 Billion Multifamily K-Deal, K-126

MCLEAN, Va., March 11, 2021 (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

Mortgage Rates Continue to Increase

MCLEAN, Va., March 11, 2021 (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 3.05 percent. “As the economy improves given labor market optimism, continued... More