Freddie Mac has priced $4.0 billion of 4.125% five-year Reference Notes due Oct. 18, 2010.The issue (CUSIP 3134A4VE1) was priced at 99.550 to yield 4.225%, or 30.5 basis points more than five-year U.S. Treasury notes. The settlement date is Sept. 16. The syndicate of dealers offering the notes was headed by Citigroup Global Markets Inc., J.P. Morgan Chase, and Morgan Stanley.
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Ex-CEO Michael Strauss used the lender's bank various accounts to pay for his own expenses, a trustee for the failed lender claims.
24m ago -
At the same time, market share among a trio of the mortgage insurers shifted, data compiled by Keefe, Bruyette & Woods found.
1h ago -
Gary Farro's testimony focused on both the banking activity of Michael Cohen, a former Trump attorney who paid $130,000 to an adult film actress in 2016, and First Republic Bank's due diligence work.
8h ago -
New notices pointed out how large learning models could lead real estate businesses to unintentionally violate the Fair Housing Act in a marketing campaign.
May 3 -
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The industry hasn't been sure how much of a lift they'd get this spring but a broader slowdown in hiring may help to lower financing costs.
May 3