Freddie Mac has priced $4 billion of 5.00% two-year Reference Notes due Sept. 16, 2008.The issue (CUSIP: 3137EAAH2) was priced at 99.864 to yield 5.072%, 24.5 basis points more than two-year Treasury notes, the government-sponsored enterprise said. The settlement date is Sept. 15. Credit Suisse First Boston, Deutsche Bank Securities Inc., and UBS Investment Bank led the transaction.
-
Elevated delinquency levels have not affected expected losses, however, due to home price appreciation, Fitch Ratings said.
2h ago -
Retail lenders, including Beeline, Tomo Mortgage and Rocket Mortgage, settled with the department over infractions like submitting a false certification to not having the proper liquidity to be in the program.
2h ago -
A pair of bills, one with bipartisan support, look to address the issues around heirs' property so these families can have clear title on their homes.
2h ago -
The agreement, in which the real estate giant admits no wrongdoing, will cover around 70,000 agents.
5h ago -
Doxo plans to fight the FTC complaint, which focuses broadly on consumer finance, but there are signs of confusion about the company's role in mortgages too.
April 25 -
Members of the LGBTQ community were most likely to have experienced housing bias, according to a Zillow survey, which also found many people don't recognize how fair lending laws could help.
April 25