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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While income decreased from the fourth quarter, it accelerated on an annual basis across NVR's building and lending units.
13m ago -
Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.
1h ago -
Prevention through new building standards and mapping technology aim to keep home insurance rates down but mortgage bankers see challenges.
7h ago -
The mortgage lender and servicer announced that Ranjit Bhattacharjee, a capital markets veteran, and Kevin Barker, a financial analyst with two decades of experience, have joined its ranks.
8h ago -
Because of rising home values, more transactions have proceeds over the federal tax exemption, especially in California, a CoreLogic study found.
April 23 -
Texas Capital Bank wants to bring the Administrative Procedures Act into the case, but Ginnie Mae said the legal proceedings are outside its scope.
April 23