Freddie Mac Prices First Multifamily K-Deal of the Year, K-042

MCLEAN, VA--(Marketwired - Jan 22, 2015) - Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates ("K Certificates") which are multifamily mortgage-backed securities. The company expects to issue approximately $1.1 billion in K Certificates ("K-042 Certificates"), which are expected to settle on or about January 28, 2015. This is the first K Certificate offering this year.

Pricing

Class		Principal/Notional Amount (mm)		Weighted Average Life (Years)		Spread (bps)		Coupon		Yield		Dollar Price
A-1		$130.953		5.99583		S + 41		2.2670%		1.8924%		$101.9955
A-2		$995.000		9.78357		S + 48		2.6700%		2.3181%		$102.9989
X1		$1,125.953		9.10885		T + 160		1.0604%		3.3832%		$8.5248
X3		$247.160		9.65833		T + 310		1.6054%		4.9219%		$12.4109

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