Freddie Mac Announces Pricing of $295 Million Multifamily Small Balance Loan Securitization

Freddie Mac (otcqb:FMCC) announces the pricing of the SB34 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to guarantee approximately $295 million in Multifamily SB Certificates (SB34 Certificates), which are anticipated to settle on or about July 26, 2017.

Source: MarketWatch

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