Freddie Mac has priced $4 billion of 4.875%, three-year Reference Notes due on Feb. 9, 2010.The issue (CUSIP: 3137EAAP4) was priced at 99.661 to yield 4.998%, 22.0 basis points more than three-year Treasury notes, the government-sponsored enterprise said. The new security was offered via a syndicate of dealers headed by Deutsche Bank Securities Inc., Lehman Brothers, and Merrill Lynch.
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The agreement, in which the real estate giant admits no wrongdoing, will cover around 70,000 agents.
58m 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 -
Senior executives making over $151,000 would still be subject to such clauses should the rule go into effect this year.
April 25 -
Christopher J. Gallo and his aide, Mehmet A. Elmas, allegedly withheld information in mortgage applications, hiding that borrowers were purchasing second home properties.
April 25 -
Mortgage rates rose 7 basis points this week, Freddie Mac said, and more increases are likely following a weaker than expected gross domestic product report.
April 25