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Freddie Mac Prices $938 Million Multifamily K-Deal, K-F103

Freddie Mac Prices $938 Million Multifamily K-Deal, K-F103
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Residents vie for school board positions

A number of candidates seeking to fill roles on school boards across Bedford County submitted nomination petitions this week. The deadline to submit petitions to appear on ballots for the May 18 primary election was on Tuesday. Bedford Area There are six candidates seeking four seats on the Bedford Area School District school board. In Area I, which covers a portion of Bedford Borough, Manns Choice, a portion of Bedford Township and Harrison Township, William Ross will seek re-election and appear on both ballots. There is one seat open in the area. In Area II, which includes a portion of Bedford Borough, a portion of Bedford Township and Snake Spring Township, C. Peder Flaaen is seeking re-election on the Republican ballot, while Jerry Bagley of Bedford filed petitions on both ballots. There is one seat open.

Freddie Mac Announces Pricing of $362 Million Multifamily Small Balance Loan Securitization

Freddie Mac Announces Pricing of $362 Million Multifamily Small Balance Loan Securitization MCLEAN, Va., March 12, 2021 (GLOBE NEWSWIRE) Freddie Mac (OTCQB: FMCC) announces the pricing of the SB84 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 $362 million in SB Certificates (SB84 Certificates), which are expected to settle on or about March 19, 2021. Freddie Mac Small Balance Loans generally range from $1 million to $7.5 million and are generally backed by properties with five or more units. This is the third SB Certificate transaction in 2021. SB84 Pricing Co-Managers: CastleOak Securities, L.P., Oppenheimer & Co., Piper Sandler & Co. and Stifel, Nicolaus & Company, Incorporated

Freddie Mac Announces Pricing of $360 Million Multifamily Small Balance Loan Securitization

Freddie Mac is guaranteeing three senior principal and interest classes and one interest only class of securities issued by the FRESB 2021-SB83 Mortgage Trust. SB83 includes one class (Class A10H) of senior bonds backed in part by hybrid loans indexed to SOFR during their floating-rate period. Freddie Mac is also acting as mortgage loan seller and master servicer to the trust. In addition to the four classes of securities guaranteed by Freddie Mac, the trust will issue certificates consisting of Class B and Class R Certificates, which will not be guaranteed by Freddie Mac and will be sold to private investors.

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