Fannie Mae has priced $4 billion of two-year Benchmark Notes due Jan. 15, 2006, and a $1 billion reopening of 10-year Benchmark Notes due Oct. 15, 2013.The 2.000% two-year issue (CUSIP: 31359MTU7) was priced at 99.904 with a yield of 2.047%. The 4.625% 10-year reopening (CUSIP: 31359MTG8) was priced at 99.920 with a yield of 4.634%. The joint lead managers for both issues are Deutsche Bank Securities Inc.; Goldman, Sachs & Co.; and UBS Warburg LLC. Fannie Mae can be found online at http://www.fanniemae.com.
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Malhotra joins the home finance giant after previously helping launch platforms to provide generative AI enterprise solutions and founding a technology research lab at the global multinational firm.
2h ago -
The reverse-mortgage lender saw a quarterly loss but expects originations to increase 10% in the second quarter, as it attempts to address high-yield debt concerns.
3h ago -
Capital Community Bank of Provo has purchased Security Home Mortgage, headquartered in nearby Orem.
6h ago -
Mike Kortas, CEO of NEXA, alleges he fired his former co-owner, Mat Grella, because he added himself as a "new manager" of the company in a filed amendment to the company's articles of organization.
8h ago -
Price growth is decelerating but still driving historic home equity gains for owners and widening the gap between the haves and have-nots in housing, ICE finds.
10h ago -
Ex-CEO Michael Strauss used the lender's bank various accounts to pay for his own expenses, a trustee for the failed lender claims.
May 6