FREDDIE MAC - FMCC STOCK NEWS

Freddie Mac (OTCQB: FMCC) has announced the pricing for its SB84 offering, a multifamily mortgage-backed securitization involving approximately $362 million in SB Certificates, set to settle around March 19, 2021. The Small Balance Loans involved range from $1 million to $7.5 million and are generally tied to properties with five or more units. This marks the third SB Certificate transaction for Freddie Mac in 2021, showcasing its commitment to providing liquidity in smaller apartment markets.

Freddie Mac (OTCQB: FMCC) has announced the pricing of a new offering of Structured Pass-Through Certificates, specifically K-126 Certificates, with expected issuance of approximately $1.2 billion. These securities are backed by fixed-rate multifamily mortgages with primarily 10-year terms and are anticipated to settle around March 18, 2021. Key details include various classes of certificates with specific principal amounts, spreads, and yields, ensuring stable cash flows and structured credit enhancements. Co-lead managers include J.P. Morgan and Cantor Fitzgerald.

Freddie Mac (OTCQB: FMCC) reported an increase in mortgage rates for the week ending March 11, 2021. The 30-year fixed-rate mortgage averaged 3.05%, up from 3.02% last week, and 3.36% a year ago. The 15-year fixed-rate mortgage also rose to 2.38% from 2.34%, while the 5-year ARM increased to 2.77% from 2.73%. Chief Economist Sam Khater noted strong homebuyer demand despite the modest rise in rates, attributing it to economic improvements and ongoing vaccination efforts. Freddie Mac continues to support the housing market by providing mortgage capital.

Freddie Mac (OTCQB: FMCC) announced a new offering of approximately $939 million in K Certificates, specifically the K-F102 Certificates, backed by floating-rate multifamily mortgages. The offering includes a class of bonds indexed to the Secured Overnight Financing Rate (SOFR), with expected settlement around March 18, 2021. The K-F102 Certificates feature a 10-year term and are structured to provide stable cash flows for investors. Goldman Sachs & Co. and Wells Fargo Securities are the co-lead managers for the offering.

Freddie Mac (OTCQB: FMCC) has launched its CreditSmart Homebuyer U course in Spanish, making essential homeownership education accessible to a broader audience. This free online resource includes six educational modules covering money management, credit, and the homebuying process. Since launching in January 2020, over 80,000 consumers have completed the course. The initiative aligns with national standards and fulfills education requirements for HomeOne and Home Possible mortgage loans.

Freddie Mac (OTCQB: FMCC) reported that the average 30-year fixed-rate mortgage increased to 3.02% for the week ending March 4, 2021, marking a rise from 2.97% the previous week and 3.29% a year ago. The Chief Economist noted a noticeable impact on purchase demand, which has cooled but remains high compared to pre-pandemic levels. The 15-year fixed-rate mortgage remained steady at 2.34%, while the 5-year Treasury-indexed ARM fell to 2.73%. Freddie Mac continues to enhance housing accessibility and affordability.

Freddie Mac (OTCQB: FMCC) has priced a new offering of Structured Pass-Through Certificates, specifically the K-G05 Certificates, amounting to approximately $603 million. This offering, expected to settle around March 11, 2021, is part of Freddie Mac's K-Deal program, which focuses on multifamily mortgage-backed securities.

The K-G05 Certificates are designed to support environmental and social impacts, aligned with the Green Advantage® program. Co-lead managers for the issuance include Citigroup Global Markets and J.P. Morgan Securities.

Freddie Mac (OTCQB: FMCC) has priced its new offering of approximately $934 million in Structured Pass-Through Certificates (K-F101 Certificates), which are set to settle around March 11, 2021. These certificates are backed by floating-rate multifamily mortgages indexed to the Secured Overnight Financing Rate (SOFR) with 10-year terms. The deal features one senior principal and interest class and one interest-only class entitled to static prepayment premiums. The K-F101 Certificates are part of Freddie Mac's strategy to mitigate taxpayer risk and enhance private investor participation.

Freddie Mac (FMCC) released its Monthly Volume Summary for January 2021, detailing performance in mortgage-related portfolios, securities issuance, and risk management. This report illustrates Freddie Mac's ongoing commitment to providing access to mortgage capital, enhancing affordability in housing since its establishment by Congress in 1970.

The summary includes significant data on delinquencies and debt activities, as well as insights into Freddie Mac's role in improving housing finance for families and individuals.