Welcome to our dedicated page for Federal Home news (Ticker: FMCC), a resource for investors and traders seeking the latest updates and insights on Federal Home stock.
Freddie Mac (FMCC) is a cornerstone of U.S. housing finance, providing liquidity to mortgage markets through innovative solutions like credit risk transfers and loan securitization. This page serves as the definitive source for Freddie Mac news, offering investors and stakeholders timely updates on operational developments and market impact.
Access curated press releases and analysis covering quarterly earnings, risk-sharing initiatives (including STACR notes), regulatory updates, and strategic partnerships. Our repository helps users track FMCC's role in maintaining housing market stability while managing systemic risks through private capital engagement.
Bookmark this page for direct access to Freddie Mac's latest multifamily financing programs, single-family mortgage innovations, and housing affordability initiatives. Stay informed about developments affecting mortgage-backed securities markets and FMCC's evolving position in government-sponsored enterprise operations.
Freddie Mac (OTCQB: FMCC) announces the launch of its new refinancing option, Refi Possible, aimed at assisting lower-income homeowners starting in August. This program will allow eligible borrowers, those making at or below 80% of the area median income, to refinance their mortgages with reduced interest rates and monthly payments, potentially saving them between $100 and $250 monthly. Homeowners can benefit from at least a 0.5% interest rate reduction, with additional perks like a $500 appraisal credit and the option to roll closing costs into the mortgage.
Freddie Mac (OTCQB: FMCC) has announced the pricing of approximately $849 million in new Structured Pass-Through Certificates (K-F110 Certificates), set to settle around May 13, 2021. These K Certificates are backed by floating-rate multifamily mortgages with a 10-year term, indexed to the Secured Overnight Financing Rate (SOFR). The offering includes a senior principal and interest class, as well as an interest-only class with static prepayment premiums. Co-lead managers are BofA Securities and Morgan Stanley, supported by various co-managers.
Freddie Mac (FMCC) has released its Monthly Volume Summary for March 2021, detailing updates on its mortgage-related portfolios, securities issuance, and risk management. Established by Congress in 1970, Freddie Mac aims to enhance housing accessibility for millions of families and individuals. This report highlights Freddie Mac's ongoing commitment to building an improved housing finance system for homebuyers, renters, lenders, and taxpayers.
Freddie Mac (OTCQB: FMCC) reported that the 30-year fixed-rate mortgage averaged 2.98% for the week ending April 29, 2021, slightly up from 2.97% the previous week. The 15-year fixed-rate mortgage rose to 2.31%, while the 5-year ARM decreased to 2.64%. Chief Economist Sam Khater noted that with rates under 3%, refinancing remains appealing, but tight inventory continues to challenge first-time homebuyers. A year ago, the 30-year FRM was at 3.23%.
Freddie Mac (OTCQB: FMCC) announced its first-quarter 2021 financial results and filed its Quarterly Report on Form 10-Q with the SEC. Key financial metrics, available on their website, highlight the company's ongoing commitment to making housing accessible. A media call is scheduled for April 29, 2021, at 9 a.m. ET to discuss these results, which will also be webcasted. Freddie Mac continues to support homebuyers and renters across the nation, providing essential mortgage capital since its inception in 1970.
Freddie Mac (OTCQB: FMCC) has announced the pricing of its new offering of Structured Pass-Through Certificates, known as K-F109 Certificates, totaling approximately $898 million. These certificates are backed by floating-rate multifamily mortgages indexed to the Secured Overnight Financing Rate (SOFR) with a 10-year term. The expected settlement date is May 7, 2021. The K-F109 includes one senior principal and interest class as well as one interest-only class, which will not be rated. This offering aligns with Freddie Mac's strategy to transfer risk from taxpayers to private investors.
Freddie Mac (FMCC) plans to announce its first quarter 2021 financial results before U.S. markets open on April 29, 2021. A call will be held at 9 a.m. ET on the same day to discuss these results, which will be accessible via a webcast and available for replay on the company's website for 30 days. Since its inception in 1970, Freddie Mac has aimed to enhance housing accessibility and affordability for many families and individuals by providing mortgage capital to lenders.
Freddie Mac (OTCQB: FMCC) has priced a new offering of Structured Pass-Through Certificates (K-128 Certificates), totaling approximately $1.4 billion. These certificates are backed by fixed-rate multifamily mortgages, mainly with 10-year terms, and are expected to settle around April 29, 2021. The offering will be managed by Morgan Stanley & Co. LLC and Cantor Fitzgerald & Co. Additional details on pricing and class specifics are included in the press release.
Freddie Mac (OTCQB: FMCC) released its Primary Mortgage Market Survey on April 22, 2021, indicating that the 30-year fixed-rate mortgage (FRM) averaged 2.97%, a decline from 3.04% the previous week and 3.33% a year ago. The 15-year FRM averaged 2.29%, down from 2.35% last week and 2.86% last year. Notably, the 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) rose slightly to 2.83%. The Chief Economist, Sam Khater, highlighted that lower mortgage rates could significantly benefit lower-income and minority homeowners, potentially improving their financial situation.
Freddie Mac (OTCQB: FMCC) has priced its SB85 offering, a multifamily mortgage-backed securitization backed by small balance loans, totaling approximately $384 million. The offering is expected to settle on or about April 23, 2021, marking the fourth SB Certificate transaction for 2021. Freddie Mac guarantees four senior classes and one interest-only class of securities issued by the trust, while additional non-guaranteed certificates will be sold to private investors. The initiative aims to enhance liquidity for smaller apartment properties.
