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Tame Inflation Figures Leave Mortgage Rates Mixed
McLean, VA - January 20, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®). The survey results showed mixed results for both long- and short-term rates, with the 30-year rising slightly and the 15-year falling just as slightly.
Freddie Mac Releases 27th Annual ARM Survey Results
McLean, VA - January 18, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its 27th Annual Adjustable-Rate Mortgage (ARM) Survey of prime loan offerings, which was conducted January 3 to January 5 of this year
Freddie Mac Funds First Multifamily Loan Under Its Mezzanine Finance Arrangement
McLean, VA - January 7, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) recently funded its first mortgage using the new mezzanine finance arrangement. Freddie Mac purchased a $47 million first mortgage from M&T Capital Realty Corp. for a property in the Washington, D.C., suburbs. The borrower, Metropolitan Apartments at Camp Springs L.L.C., secured a mezzanine loan for $6.75 million from Berkshire Properties
Long- and Short-Term Mortgages Drop This Week
McLean, VA - January 6, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey®(PMMS®). The survey results showed lower mortgage rates for both long- and short-term rates
Freddie Mac Prices New $6 Billion Three-Year Reference Notes® Security
McLean, VA - January 5, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) announced today that it priced its new 1.375% $6 billion three-year USD Reference Notes® security due on February 25, 2014. The issue, CUSIP number 3137EACR8, was priced at 100 to yield 1.375%, or 27 basis points more than three-year U.S. Treasury Notes. The issue will settle on Thursday, January 6, 2011
Freddie Mac Announces the Issuance of a New Three-Year Reference Notes® Security
McLean, VA - January 4, 2011 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) announced today that it plans to issue a new three-year USD Reference Notes® security, CUSIP number 3137EACR8, due on February 25, 2014. The issue will be priced on Wednesday, January 5, 2011, and will settle on Thursday, January 6, 2011, at benchmark size.
Freddie Mac Extends Foreclosure Protection for Service Members Through 2011
McLean, VA - December 20, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today instructed its servicers to delay initiating foreclosure for at least nine months for financially troubled service members who are released from active duty through the end of 2011 and have Freddie Mac-owned mortgages. Freddie Mac is one of the nation’s largest investors in conforming, conventional mortgages
Bond Yields Rise and So Do Mortgage Rates
McLean, VA - December 9, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which found that once again, both fixed- and short-term mortgage rates rose this week. This was the fourth week in a row where fixed-rate mortgage rates were up.
Freddie Mac Issues Monthly Volume Summary for October 2010
McLean, VA - November 23, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today issued the company's Monthly Volume Summary for October 2010.
The summary, available on the company's Web site at www.FreddieMac.com/investors/volsum, provides information on Freddie Mac's mortgage-related portfolios, securities issuance, risk management and delinquencies, including data on seriously delinquent mortgage loans in related mortgage Participation Certificate (PC) pools.
Freddie Mac Announces New Jumbo/Super Conforming Loan Pools
McLean, VA - November 22, 2010 - (RealEstateRama) -- Freddie Mac (OTC:FMCC) today announced that generally beginning December 1, 2010, the company will issue Jumbo/Super Conforming Pools under the three following prefixes
Mortgage Rates Rise For the First Time in Eight Weeks
McLean, VA - November 18, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), which found that the 30-year fixed-rate mortgage (FRM) and the 15-year (FRM) rose dramatically this week, as did the 5-year ARM. The 1-year ARM remained unchanged from the previous week.