Freddie Mac Prices $1.1 Bil. Multifamily K-Deal, K-F31

Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) backed by floating-rate multifamily mortgages with predominantly seven-year terms. The approximately $1.1 billion in K Certificates (K-F31 Certificates) are expected to settle on or about June 14, 2017. Multi-Bank Securities, Inc. served as a co-manager on the offering. Full Story