Freddie Mac has priced $3 billion of 5.00% 10-year Reference Notes due April 18, 2017.The issue (CUSIP: 3137EAAS8) was priced at 99.826 to yield 5.022%, 37 basis points more than 10-year Treasury notes. The settlement date is April 5. A syndicate of dealers headed by Goldman Sachs Group, Lehman Brothers, and Merrill Lynch led the transaction. The government-sponsored enterprise can be found on the Web at http://www.freddiemac.com.
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Capital Community Bank of Provo has purchased Security Home Mortgage, headquartered in nearby Orem.
2h 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.
4h 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.
6h 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 -
At the same time, market share among a trio of the mortgage insurers shifted, data compiled by Keefe, Bruyette & Woods found.
May 6 -
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