Freddie Mac Announces Pricing of $221.7 Million Multifamily Small Balance Loan Securitization

MCLEAN, VA--(Marketwired - Feb 15, 2017) - Freddie Mac (OTCQB: FMCC) announces the pricing of the SB27 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 $221.7 million in Multifamily SB Certificates (SB27 Certificates), which are anticipated to settle on or about February 27, 2017. Freddie Mac Small Balance Loans generally range from $1 million to $6 million and are backed by properties with five or more units. This is the second SB Certificate transaction in 2017.

SB27 Pricing

Class		Principal/Notional Amount (mm)		Weighted Average Life (Years)		Spread (bps)		Coupon		Yield		Dollar Price
A-5F		$16.608		4.09		S + 30		2.4100%		2.2578%		$100.4723
A-5H		$111.968		4.18		S + 48		2.6000%		2.4492%		$100.4719
A-7F		$4.500		5.69		S + 53		2.7900%		2.6752%		$100.4911
A-7H		$22.572		5.58		S + 70		2.9500%		2.8344%		$100.4792
A-10F		$59.892		7.34		S + 72		3.0900%		3.0013%		$100.4874
A-10H		$6.154		7.08		S + 98		3.3300%		3.2416%		$100.4585
X1		$246.327		5.05		Non-Offered

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