Pricing Supplement Dated June 26, 1997 Rule 424(b)(1)
(To Prospectus dated May 15, 1997) File No. 333-21193
HOMESIDE LENDING, INC.
Medium-Term Notes - Fixed Rate
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Principal Amount: $15,000,000 Interest Rate: 6.86%
Agent's Discount or Commission: .45% Stated Maturity Date: July 2, 2001
Net Proceeds to Issuer: $14,932,500 Original Issue Date: July 1, 1997
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Interest Payment Dates: June 30 and December 30 of each year, commencing
December 30, 1997
o Redemption:
|X| The Notes cannot be redeemed prior to the Stated Maturity Date.
o The Notes may be redeemed prior to the Stated Maturity Date.
Initial Redemption Date:
Initial Redemption Percentage:
Annual Redemption Percentage Reduction: _____% until
Redemption Percentage
is 100% of the principal amount.
o Optional Repayment:
|X| The Notes cannot be repaid prior to the Stated Maturity Date.
o The Notes can be repaid prior to the Stated Maturity Date at
the option of the holder
of the Notes.
Option Repayment Dates:
Repayment Price: %
Original Issue Discount: o Yes |X| No
Total Amount of OID:
Yield to Maturity:
Initial Accrual Period:
Form: |X| Book-Entry o Certificated
Agents: Chase Securities Inc.
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Agent acting in the capacity as indicated below:
|X| Agent o Principal
If as principal:
o The Notes are being offered at varying prices related to
prevailing market prices at the time of resale.
o The Notes are being offered at a fixed initial public
offering price of % of principal amount.
If as agent:
|X| The Notes are being offered at a fixed initial public
offering price of 100% of Principal Amount.
Other Provisions:
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