Freddie Mac

Movers: Freddie Mac, Fannie Mae, Wachovia, Crocs, Juniper, Netflix

Business Week (Free subscription) | 10 hours ago

Stocks in the news on Friday.

Fannie Mae and Freddie Mac: Too Fat to Fail

US News (Free subscription) | yesterday

Bailout legislation provides for more oversight, but it must be through a regulator with real teeth.

Rewarding the Bubble’s Enablers: Why the Bail Out of Freddie Mac and Fanny Mae is Bad Economic Policy

Leftnews.org (Free subscription) | yesterday

More of Michael Hudson on the sorry state of the US economy.

Wall Street Shrinks From Competing With Fannie Mae, Freddie Mac

Risk Moment RES (Free subscription) | yesterday

Wall Street Shrinks From Competing With Fannie Mae, Freddie Mac By Kathleen M. Howley and Bryan Keogh July 24 (Bloomberg) — Bobby Joe Cooper says she “kicks herself every day” for not using a Fannie Mae or Freddie Mac mortgage when she refinanced her Terre Haute, Indiana, home three years ago. Instead, the 29-year-old [...]

A Stupid Call On Fannie Mae (FNM), Freddie Mac (FRE) Bail-Out

24/7 Wall St. (Free subscription) | yesterday

I will preface this by saying that I'm a big fan of David Dreman. I read his column in Forbes regularly, and his book Contrarian Investment Strategies is an... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]

Fannie Mae and Freddie Mac 101. An Update from The New Yorker

Paul Soglin: Waxing America (Free subscription) | yesterday

After posting Fannie Mae and Freddie Mac, Your Tax Dollars At Work - Bailing I had the opportunity to read the July 25, 2008 issue of The New Yorker which contained the best succinct explanation on how these two corporations...

• Private companies but they're not except when they are - Opinion L.A.

Durables orders, Freddie Mac provide firm view

The Earth Times Online Newspaper (Free subscription) | yesterday

NEW YORK (Reuters) - New orders for long-lasting U.S. manufactured goods rose unexpectedly in June on a surge in defense orders, while a gauge of business investment was also higher than forecast in signs of economic resilience, a government report showed on Friday.

Durables orders, Freddie Mac provide firm view

Reuters (Free subscription) | yesterday

NEW YORK (Reuters) - New orders for long-lasting U.S. manufactured goods rose unexpectedly in June on a surge in defense orders, while a gauge of business investment was also higher than forecast in signs of economic resilience, a government report showed on Friday.

Freddie Mac Monthly Volume Summary: June 2008

PR News Wire (Free subscription) | yesterday

(unaudited & subject to change) (dollars in millions) MCLEAN, Va., July 25 /PRNewswire-FirstCall/ -- The following is being issued by Freddie Mac (NYSE: ): June 2008 Highlights: -- The aggregate unpaid principal balance (UPB) of our retained portfolio increased to $791.8 billion at June 30, 2008. -- Total mortgage portfolio has increased at an annualized rate of 9.4% year-to-date and 5.7%...

Fannie Mae and Freddie Mac: A Fall From Grace

Xorte latest economic news (Free subscription) | yesterday

"The recent collapse in the stock prices of Fannie Mae and Freddie Mac is just one in a series of blows to the stability of U.S. financial markets. The threat created by the failure of these two institutions, however, could be even greater than that posed by the collapse of Bear Stearns earlier in the year," says Adolfo Laurenti, senior economist of Mesirow Financial.

• Fannie Mae and Freddie Mac: A Fall From Grace - PR News Wire

McCain: Get rid of Fannie Mae and Freddie Mac

Hot Air (Free subscription) | yesterday

What $200 million buys: disaster.

Freddie Mac: Mortgage Rates Rise Sharply

Calculated Risk (Free subscription) | 07/24/2008

From MarketWatch: Freddie Mac: 30-yr fixed-rate mortgage up on inflation woes The 30-year fixed-rate mortgage average was up to 6.63% from 6.26% last week."Market concerns about rising inflation, further weakness in the housing market and greater probability that the Federal Reserve will raise short-term rates this year all combined to push mortgage rates higher this week." Frank Nothaft, Freddie

House passes rescue plan for Fannie Mae, Freddie Mac

The South Florida Business Journal (Free subscription) | 07/24/2008

The U.S. House of Representatives late Wednesday passed a massive housing bill that includes a rescue plan for Fannie Mae and Freddie Mac.

Freddie Mac June holdings, May delinquencies rise

Reuters UK (Free subscription) | yesterday

NEW YORK, July 25 (Reuters) - Freddie Mac's retained mortgage portfolio jumped by more than a 33 percent annual rate in June to about $792 billion while delinquencies on bonds it holds and guarantees kept climbing in May, the second-largest U.S. home funding company said on Friday.

House passes rescue plan for Fannie Mae, Freddie Mac

The Jacksonville Business Journal (Free subscription) | 07/24/2008

The U.S. House of Representatives late Wednesday passed a massive housing bill that includes a rescue plan for Fannie Mae and Freddie Mac.

Mortgage and Housing Woes May Last Till 2009 or 2010

mortgagerates | 10/22/2007

The housing recovery is still a long way off, a panel of mortgage industry executives agreed at the Mortgage Bankers Association annual convention in Boston. “The overall picture is not a great one,” Patti Cook, chief business officer at Freddie Mac , told a ballroom packed with anxious conference attendees. Paul Bibb of National City Mortgage didn't do much to ease the industry's anxiety, either,...