Freddie Mac Will Close the Gold PC / Giant PC Exchange Offer on December 18, 2026

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[{"type":"image","alt":"Freddie Mac","displaySize":"","headline":null,"caption":"Freddie Mac","className":"","disableSlideshowImg":false,"size":{"original":{"width":290,"height":109,"url":"https://media.zenfs.com/en/globenewswire.com/82fed3638f181f735906066e6b75dbcb"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/2qbrcHPJx8F0kgNgaw7Arg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTE1ODtjZj13ZWJw/https://media.zenfs.com/en/globenewswire.com/82fed3638f181f735906066e6b75dbcb","width":290,"height":109}},"lazy":false},{"type":"text","content":"MCLEAN, Va., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that its offer to investors to exchange certain eligible Gold PCs and Giant PCs for TBA-eligible and non-TBA-eligible mirror securities will close on December 18, 2026.","length":257,"tagName":"p"},{"type":"text","content":"Freddie Mac announced the opening of the exchange offer on May 7, 2019. Investors can refer to the Exchange Offer Circular (available at Legal Documentation - Capital Markets) for the terms and conditions pertaining to the exchange offer. Additional information on the exchange offer is available on Freddie Mac’s website at Gold PC® Exchange - Capital Markets.","length":361,"tagName":"p"},{"type":"text","content":"Under the exchange offer, investors can choose between two exchange paths: one facilitated by a dealer using Freddie Mac’s Dealer Direct® portal and one that is Direct-to-Freddie Mac via Tradeweb. For more information, see the “Exchange Process” section of Freddie Mac’s Gold PC® Exchange - Capital Markets website.","length":315,"tagName":"p"},{"type":"text","content":"Since the exchange offer opened in 2019, Freddie Mac has supported the exchange of 45-day TBA-eligible Gold PCs as well as 45-day non-TBA eligible pools. In both instances, pools are exchanged for the respective 55-day TBA-eligible UMBS or 55-day non-TBA eligible MBS.","length":268,"tagName":"p"},{"type":"text","content":"Investors who participate in the exchange offer also receive “float compensation,” a one-time payment, which is primarily intended to compensate holders for the difference in payment delay between 45-day and 55-day securities.","length":226,"tagName":"p"},{"type":"text","content":"Freddie Mac will provide periodic reminders and operational details on the exchange retirement throughout 2026.","length":111,"tagName":"p"},{"type":...

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