SLST is valued at about $ 385 million by Freddie Mac

Freddie Mac (OTCQB: FMCC) announced today the launch of its first 2022 Commercial Real Estate Loans (SLST), securing a $ 385 million funded by a pool of temporary residential mortgage loans. The SLST program is a key component of Freddie Mac’s long-term loan offers, which aim to reduce the amount of liquid assets in the investment portfolio related to deposits while also reducing credit and risk. market through effective trade-offs.

Freddie Mac SLST Series 2022-1 with approximately $ 345 million in certified adult certificates and approximately $ 40 million in non-certified intermediate certificates. The right to purchase background certificates was granted on May 16 by a sale. The transaction is expected to be resolved on May 26, 2022. Pension support under certificates includes 2,731 fixed-, adjustable-, and step-by-step loans, as well as loans. both of which turned out to help borrowers risk repayment and loans. unmodified. According to the Expiration Date, none of the loans exceeded 150 days.

The loans are currently being operated by Specialized Loans Service, LLC (SLS) and NewRez LLC, d / b / a Shellpoint Mortgage Servicing in accordance with the requirements of, in the event of default, special mortgage retention options in the event of default and promoting neighborhood stability. The consultants to this deal are BofA Securities, Inc. and JPMorgan Chase & Co. as executives and joint stock brokers, and Citigroup Global Markets Inc., Nomura Securities International, Inc., Oppenheimer & Co., Inc., Wells Fargo Securities, LLC, and R. Seelaus & Co., LLC who is a woman) as chief executives.

To date, Freddie Mac has sold nearly $ 9.7 billion of unsecured loans and secured an estimated $ 76 billion of reusable loans including $ 30 billion of fully guaranteed PCs, $ 34 billion of SCRT senior / share securities, and nearly $ 12 billion of Time Loans. Structured Negotiation Offering. Additional information about the company’s current loan friends can be found at: http://www.freddiemac.com/seasonedloanofferings/

This announcement does not provide for the sale of any Freddie Mac securities. Provisions for any given protection are made only through applicable distributions and related add-ons, which include Freddie Mac Annual Report on Form 10-K for the year ending December 31, 2021 , filed with the Securities and Exchange Commission (SEC) on February 10, 2022; all other Freddie Mac reports filed with the SEC in accordance with Article 13 (a) of the Commercial Code of 1934 (Exchange Law) from December 31, 2021, without any information “provided” to the SEC on the Form 8-K; and all documents filed by Freddie Mac with the SEC in accordance with Sections 13 (a), 13 (c) or 14 of the Exchange Act, without any information “provided” to the SEC on Form 8-K.

Freddie Mac’s press releases sometimes contain further search information. Further details include known and unknown risks and uncertainties, some of which go beyond the control of the company. Managing expectations for the future of a company necessarily include a number of assumptions, judgments and statistics, and many factors can cause actual outcomes to differ materially from the expectations outlined in these and future data. other. These proposals, judgments, statistics and factors are discussed in the Company’s Annual Report on Form 10-K for the year ending December 31, 2021, and its reports on Form 10-Q and Form 8-K, which is available on the Company’s Investor Relations website at https://www.freddiemac.com/investors and the SEC website at www.sec.gov. The Company makes no obligation to update further search information it performs to reflect events or circumstances that occur after the date of this publication.

The expenses and other information contained in the documents that can be accessed on this page speak only as of the date of those documents. The information may be out of date and no longer accurate. Freddie Mac made no obligation, and did not disclose any work, to update any information in those documents.

Freddie Mac made housing possible for millions of families and individuals by providing a loan to lenders. Since we were created by Congress in 1970, we have made the home more accessible and affordable for homeowners and tenants in communities across the country. We are building the best real estate plan for home buyers, tenants, lenders and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac and Freddie Mac FreddieMac.com/blog.

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