Freddie Mac

The new law was modeled after a North Carolina law and its use in Charlotte, said Matt Wiltshire, president of Pathway Affordable Housing Corporation, which works to develop affordable rental housing in Nashville.

Charles Treece and Azer Akhtar in Washington, D.C., and Jennifer Santangelo in Philadelphia have become partners at Ballard Spahr.

Jobless claims fell in the latest week though now 22 million Americans filed for unemployment since late March.

Twelve banks agreed to stricter antitrust oversight under the $250 million accord, said Pennsylvania Treasurer Joe Torsella.

This week's deal will prime the pump for another $2.5 billion in loans Freddie Mac plans to securitize in the next two to three years.

Freddie Mac is broadening its capital markets vehicles with its first offering of participation certificate securities backed by multifamily tax exempt loans.