Freddie Mac Announces Pricing of $382 Million Multifamily Small Balance Loan Securitization

Freddie Mac announces the pricing of the SB89 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 $382 million in SB Certificates (SB89 Certificates), which are expected to settle on or about August 20, 2021. Multi-Bank Securities, Inc. was a co-manager on the offering. Full Story