OREANDA-NEWS. Freddie Mac (OTCQB: FMCC) announces the pricing of the SB36 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 $315 million in Multifamily SB Certificates (SB36 Certificates), which are anticipated to settle on or about August 23, 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 eleventh SB Certificate transaction in 2017.

SB36 Pricing

                         
Class   Principal / Notional Amount (mm)   Weighted Average Life (Years)   Spread (bps)   Coupon   Yield   Dollar Price
A-5F   $22.642   4.13   S + 35   2.2900%   2.1367%   $100.4872
A-5H   $114.080   4.11   S + 49   2.4300%   2.2751%   $100.4845
A-7F   $18.953   5.56   S + 52   2.5300%   2.4205%   $100.4584
A-7H   $21.360   5.51   S + 70   2.7100%   2.5970%   $100.4652
A-10F   $108.048   7.18   S + 77   2.8800%   2.7917%   $100.4749
A-10H   $30.260   7.25   S + 92   3.0300%   2.9461%   $100.4498
X1   $350.381   4.95   Non-Offered