Freddie Mac Announces Pricing of $258 Million Multifamily Small Balance Loan Securitization

MCLEAN, VA--(Marketwired - Nov 16, 2017) - Freddie Mac (OTCQB: FMCC) announces the pricing of the SB42 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 $258 million in Multifamily SB Certificates (SB42 Certificates), which are anticipated to settle on or about November 28, 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 seventeenth SB Certificate transaction in 2017.

SB42 Pricing
Class		Principal/ Notional Amount (mm)		Weighted Average Life (Years)		Spread (bps)		Coupon		Yield		Dollar Price
A-5H		$133.891		4.12		S + 51		2.7100%		2.5520%		$100.4864
A-10F		$124.459		7.23		S + 67		2.9600%		2.8761%		$100.4489
X1		$287.057		5.03		Non-Offered

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