Ninth Guaranteed Multifamily Small Balance Loan Securitization of 2016 Prices

MCLEAN, VA--(Marketwired - Jul 22, 2016) -  Freddie Mac (OTCQB: FMCC) announces the pricing of a new offering of Structured Pass-Through Certificates (SB-019 Certificates), a multifamily mortgage-backed securitization backed by small balance loans originated by First Foundation Bank and re-underwritten by Freddie Mac. The company expects to issue approximately $238 million in SB-019 Certificates, which are anticipated to settle on or about July 28, 2016.

SB19 Pricing

Class		Principal/Notional Amount (mm)		Weighted Average Life (Years)		Spread (bps)		Coupon		Yield		Dollar Price
A-5H		$166.494		3.49		S + 95		2.1800%		1.9990%		$100.4902
A-7H		$53.086		5.10		S + 105		2.3300%		2.2110%		$100.4629
A-10H		$18.500		5.86		S + 120		2.5200%		2.4110%		$100.4836
X1		$264.534		5.37		Non-Offered

Details