Freddie Mac has priced $4 billion of 5.00% two-year Reference Notes due June 11, 2009.The issue (CUSIP: 3137EAAT6) was priced at 99.851 to yield 5.076%, 23.5 basis points more than two-year Treasury notes, the government-sponsored enterprise said. The settlement date is May 25. The new security was offered via a syndicate of dealers headed by Bear, Stearns & Co., Citigroup Global Markets Inc., and Credit Suisse. Freddie Mac can be found on the Web at http://www.freddiemac.com.
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The increasing frequency and severity of droughts was top of mind for panelists at AmeriCatalyst's "Going to Extremes" conference Thursday.
6h ago -
In a Senate hearing, Director Sandra Thompson said a raise to the required income threshold provided to affordable housing was on the table, while housing regulators also faced questions related to property insurance hikes and title insurance waivers.
7h ago -
The nonpayment rate for non-qualified mortgages is up 21 basis points from February and 134 basis points from March 2023, Morningstar DBRS said.
April 18 -
The government mortgage-bond guarantor will require additional information on foreclosure prevention actions, and retire some forbearance reporting.
April 18 -
But views are split, at least in the near-term on whether rising mortgage rates are holding back the Spring home purchase season.
April 18 -
The top five producers had an average dollar volume of FHA loans of more than $50 million in 2023.
April 18