Freddie Mac Announces Pricing of $237.5 Million Multifamily Small Balance Loan Securitization

Freddie Mac (otcqb:FMCC) announces the pricing of the SB31 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 $237.5 million in Multifamily SB Certificates (SB31 Certificates), which are anticipated to settle on or about May 30, 2017.

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Source: MarketWatch

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