Freddie Mac has priced $4 billion of 5.125% 10-year Reference Notes due Nov. 17, 2017.The issue (CUSIP: 3137EABA6) was priced at 99.907 to yield 5.136%, 43.5 basis points more than 10-year Treasury notes. The settlement date is Oct. 12. A syndicate of dealers headed by Barclays Capital Inc., JPMorgan Chase, and Merrill Lynch led the transaction.
-
The top five producers had an average non-QM loan volume of nearly $94 million for 2023.
2h ago -
Title insurers, whose activity is highly correlated to mortgage production, wrote $15.1 billion in premiums during 2023, down from $21 billion in 2022 and $26.2 billion for the year before that.
May 1 -
The Federal Open Market Committee held the federal funds rate at current levels, citing "lack of further progress" toward meeting inflation goals.
May 1 -
Both quasi-public mortgage investors have new requirements for when borrowers question valuations. Freddie Mac is expanding use of title insurance alternatives.
May 1 -
A new policy directive aims to fortify critical infrastructure by enhancing collaboration between U.S. intelligence agencies and systemically important financial entities.
May 1 -
Mark Warren and Thom Tillis have introduced the Secure Artificial Intelligence Act of 2024 to address the unique risks of AI.
May 1