Freddie Mac has priced $4 billion of 5.00% two-year Reference Notes due Jan. 16, 2009, and $3 billion of 5.00% 10-year Reference Notes due Feb. 16, 2017.The two-year issue (CUSIP: 3137EAAL3) was priced at 99.889 to yield 5.059%, 17.5 basis points more than two-year Treasury notes, the government-sponsored enterprise said. The 10-year issue (CUSIP: 3137EAAM1) was priced at 99.255 to yield 5.096%, 32.5 bps more than 10-year Treasury notes. The settlement date for both issues is Jan. 16. Citigroup Global Markets Inc., Deutsche Bank Securities Inc., and RBS Greenwich Capital led the transaction for the two-year security, and Banc of America Securities, J.P. Morgan Chase, and Morgan Stanley led for the 10-year issue. Freddie Mac can be found online at http://www.freddiemac.com.
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2h ago -
Rocket Cos. reported an increase in gain-on-sale margin but warned that going forward it is likely to slip back to levels seen in the second half of last year.
May 2 -
The 2022 vintage had a higher percentage of purchase mortgages, as well as 30-year fixed-rate loans versus the 2021 production, an annual Federal Housing Finance Agency report said.
May 2 -
Almost half of parents said their grown children returned to live with them after graduation, placing greater challenges on their own long-term housing and retirement goals, according to a recent survey.
May 2 -
In total, 84 producers from mortgage lenders including Summit Funding and Movement Mortgage have transitioned to Fairway Independent Mortgage.
May 2 -
But the mortgage unit of Intercontinental Exchange narrowed its quarterly losses and touted the addition of several new customers this year in its earnings call.
May 2