Freddie Mac Announces Pricing of $362 Million Multifamily Small Balance Loan Securitization
Freddie Mac Announces Pricing of $362 Million Multifamily Small Balance Loan Securitization MCLEAN, Va., March 12, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) announces the pricing of the SB84 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 issue approximately $362 million in SB Certificates (SB84 Certificates), which are expected to settle on or about March 19, 2021. Freddie Mac Small Balance Loans generally range from $1 million to $7.5 million and are generally...