Freddie Mac has priced $4 billion of 4.625%, three-year Reference Notes due on Dec. 19, 2008.The issue (CUSIP: 3134A4VH4) was priced at 99.686 to yield 4.737%, 30.0 basis points more than three-year Treasury notes, the government-sponsored enterprise said. The settlement date is Nov. 18. The new security was offered via a syndicate of dealers headed by Bear, Stearns & Co., J.P. Morgan Chase, and Merrill Lynch.
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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.
28m 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.
8h ago -
At the same time, market share among a trio of the mortgage insurers shifted, data compiled by Keefe, Bruyette & Woods found.
9h 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.
May 5 -
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 -
The Federal Reserve, Federal Deposit Insurance Corp. and Office of the Comptroller of the Currency issued a 30-page guidebook on managing affiliate risks. The report builds on formal guidance issued last year.
May 3