Freddie Mac has priced $5 billion of 3.375%, five-year Reference Notes due April 15, 2009.The issue (CUSIP 3134A4UQ5) was priced at 99.587 to yield 3.463%, or 39 basis points more than five-year U.S. Treasury notes. The settlement date is March 5. Joint lead managers for the transaction were Citigroup Global Markets Inc., J. P. Morgan Chase, and Lehman Brothers.
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Horton, who stepped back from an executive role at his company D.R. Horton in October, died suddenly on Thursday.
May 17 -
A recommendation to give Ginnie Mae expanded authorities is drawing focus in the reactions to a Financial Stability Oversight Council report on nonbank risks.
May 17 -
The April and May announcements from the U.S. government, down payment assistance firms and lenders on easing the homeownership affordability crunch.
May 17 -
Rohit Chopra, director of the Consumer Financial Protection Bureau, said Friday that the agency will be moving forward with rules and enforcement actions after the defeat of a Supreme Court challenge to the agency's constitutionality.
May 17 -
Roam Boost eases the path for FHA and VA mortgages held by sellers to be assumed by the buyer.
May 17 -
The House Financial Services Committee passed eleven bills, including a Democratic-sponsored bill on homeless veteran housing and a Republican-led package on bank regulation.
May 17