OTCMKTS:FMCC
Federal Home Loan Mortgage Corp Stock News
$1.31
-0.0450 (-3.33%)
At Close: May 09, 2024
Lument Provides $16.9 Million Freddie Mac Forward Commitment Loan to Build New Affordable Housing High-Rise in Washington, D.C.
02:30pm, Thursday, 16'th Dec 2021 Benzinga
NEW YORK , Dec. 16, 2021 /PRNewswire/ -- Lument recently underwrote a two-tranche unfunded forward commitment for a Freddie Mac tax-exempt loan (TEL) totaling $16.9 million to construct 1515 North Capitol Apartments, a new affordable housing high-rise development located in Washington, D.C.''s Truxton Circle neighborhood. The 15-story apartment building will feature 136 affordable studio units, with 75 units subsidized through D.C.''s Local Rental Supplement Program (LRSP), 61 units restricted to tenants earning 50% area median income (AMI), and three units reserved for staff. Managing Director Andrew Ellis and Associate Director Tyler Probst led the transaction for Lument. "Closing this project was complex but very rewarding," said Ellis. "We were proud to work with So Others Might Eat (SOME) to help further their goal of breaking the cycle of homelessness Full story available on Benzinga.com
Freddie Mac Prices $754 Million Multifamily K-Deal, K-F127
03:20pm, Wednesday, 15'th Dec 2021 Intrado Digital Media
MCLEAN, Va., Dec. 15, 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). The approximately $754 million in K Certificates (K-F127 Certificates) are expected to settle on or about December 23, 2021. The K-F127 Certificates are backed by floating-rate multifamily mortgages with 7-year terms, which are SOFR-based.
Biden tap acting FHFA director to head Fannie Mae, Freddie Mac overseer
07:44pm, Tuesday, 14'th Dec 2021 Seeking AlphaFreddie Mac Confirms Immediate Mortgage Relief Options for Homeowners Affected by the Tornado Outbreaks
05:15pm, Tuesday, 14'th Dec 2021 Intrado Digital Media
MCLEAN, Va., Dec. 14, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today reminded homeowners and mortgage servicers of its immediate disaster relief options for those affected by the outbreak of tornadoes in Kentucky and the surrounding areas.
Cakeforms Unveils the First Automated Underwriter For Mortgage Assistance - The Wait Is Over for Millions of Struggling Homeowners
01:56pm, Tuesday, 14'th Dec 2021 PR Newswire
ST. PETERSBURG, Fla., Dec. 14, 2021 /PRNewswire/ -- For the first time, struggling homeowners can find out immediately if they''re pre-approved for the new COVID-19 Mortgage Recovery programs released by Fannie Mae, Freddie Mac and FHA by using the Cakeforms Automated Underwriter For…
White House taps insider to run agency that oversees Fannie, Freddie
11:52am, Tuesday, 14'th Dec 2021
President Joe Biden announced that he will nominate Sandra L. Thompson to lead the Federal Housing Finance Agency.
The Bunny Roared in 2021
04:12pm, Monday, 13'th Dec 2021 GuruFocus
The portfolio bounced to a 36.6% return Related Stocks: MVBF , TROX , MSGS , EQC , RILY , BIO , BFST , CMC , CTO , ENVA , GTN , NBN , PFSI , FNMA , FMCC , SMBK ,
Freddie Mac Issues Bulletin Addressing Use of Cryptocurrency in Mortgage Qualification Process
05:30pm, Friday, 10'th Dec 2021 JD Supra
On December 1, Freddie Mac issued Bulletin 2021-36 to update lenders on changes in loan eligibility requirements. While it is not unusual for Freddie Mac to issue such bulletins, this bulletin contained changes pertaining to cryptocurrency. By: Troutman Pepper
Freddie Mac Prices $175 Million Multifamily When-Issued K-Deal®, WI-K748
09:30pm, Thursday, 09'th Dec 2021 Intrado Digital Media
MCLEAN, Va., Dec. 09, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) recently priced a new offering of Multifamily WI K-Deal Certificates ( WI Certificates ), which are initially backed by cash assets that will be used to purchase the A-M class of a to-be-issued reference K-Deal. Once the reference K-Deal class is issued and purchased by the WI trust, the WI Certificates will be indirectly backed by a pool of fixed-rate multifamily mortgages with predominantly 7-year terms. The company expects to issue approximately $175 million in WI Certificates (Series WI-K748), which are expected to settle on or about December 15, 2021.
Freddie Mac Prices $626 Million Multifamily K-Deal, K-SG2
05:00pm, Thursday, 09'th Dec 2021 Intrado Digital Media
MCLEAN, Va., Dec. 09, 2021 (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 $626 million in K Certificates (K-SG2 Certificates), which are expected to settle on or about December 16, 2021.
Mortgage Rates Show Little Movement
03:00pm, Thursday, 09'th Dec 2021 Intrado Digital Media
MCLEAN, Va., Dec. 09, 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 3.10 percent.
December 2021 Demo Day: Freddie Mac
07:00pm, Wednesday, 08'th Dec 2021 HousingWire
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Freddie Mac Prices $215 Million Multifamily K-Deal, K-J36
02:30pm, Wednesday, 08'th Dec 2021 Intrado Digital Media
MCLEAN, Va., Dec. 08, 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 supplemental multifamily mortgages. The company expects to issue approximately $215 million in K Certificates (K-J36 Certificates), which are expected to settle on or about December 16, 2021.
Freddie Mac Prices $759 Million Multifamily K-Deal, K-F126
02:13pm, Wednesday, 08'th Dec 2021 Intrado Digital Media
MCLEAN, Va., Dec. 08, 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). The approximately $759 million in K Certificates (K-F126 Certificates) are expected to settle on or about December 16, 2021. The K-F126 Certificates are backed by floating-rate multifamily mortgages with 10-year terms, which are SOFR-based.
Dynex Capital Consensus Indicates Potential 17.6% Upside
12:40pm, Tuesday, 07'th Dec 2021 DirectorsTalk
Dynex Capital with ticker code (DX) have now 5 analysts covering the stock with the consensus suggesting a rating of ''Buy''. The range between the high target price and low target price is between 21.5 and 18.5 and has a mean target at 19.7. With the stocks previous close at 16.75 this is indicating there is a potential upside of 17.6%. There is a 50 day moving average of 17.58 and the 200 moving average now moves to 18.41. The market capitalisation for the company is $517m. Find out more information at: /> [stock_market_widget type="chart" symbol="DX" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Dynex Capital, a mortgage real estate investment trust, invests in mortgage-backed securities (MBS) on a leveraged basis in the United States. It invests in agency and non-agency MBS consisting of residential MBS, commercial MBS (CMBS), and CMBS interest-only securities. Agency MBS have a guaranty of principal payment by an agency of the U.S. government or a U.S. government-sponsored entity, such as Fannie Mae and Freddie Mac.