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Market Watch (Free subscription) | 16 hours ago
SAN FRANCISCO (MarketWatch) -- Freddie Mac said Wednesday the 30-year fixed-rate mortgage average fell for the fourth week in a row to 4.78% with an average 0.7 point for the week ending Nov. 25. In the previous period, the average was 4.83%, and the year-ago average was 5.97%. "Interest rates for 30-year fixed-rate loans are currently 0.8 percentage point below this year's peak set in mid-June,...
5Vote!
iStockAnalyst.com (Free subscription) | yesterday
The government sponsored version of subprime expert New Century reported October numbers, and they were not pretty. The bankrupt lender of 3.5% down housing loans saw its total mortgage portfolio rise to $2.244 trillion, thanks to the Fed which keeps on buying whatever crap FRE spews off the conveyor belt, now that even PIMCO is running far from that radioactive sludge. Total single-family delinquencies...
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Law Blog - WSJ.com (Free subscription) | 13 hours ago
Mortgage-backed securities guaranteed by Fannie Mae, Freddie Mac and Ginnie Mae (rose to the highest levels of the year on strong demand from investors seeking a safe haven as the year draws to a close.
6Vote!
Market Wire (Free subscription) | yesterday
LOUISVILLE, KY (MARKET WIRE) (NYSE Amex: NLP) - NTS Realty Holdings Limited Partnership (the "Company"), through 8 newly formed wholly-owned subsidiaries, has executed a Mortgage Loan Application (the "Application") with Holliday Fenoglio Fowler, L.P. ("HFF") for 8 mortgage loans under The Federal Home Loan Mortgage Company ("Freddie Mac") CME Program to refinance...
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iStockAnalyst.com (Free subscription) | yesterday
This morning the Q3 GDP was revised lower to 2.8% (from 3.5%) and personal consumption was also revised lower to 2.9% (from 3.2%). The mortgage industry is still falling apart from within. Consider this news out of Freddie Mac (FRE) this morning: [More...]
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USA Today (Free subscription) | 11/24/2009
Mortgage finance company Freddie Mac said Monday it could lose $500 million or more as a result of the bankruptcy protection ...
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Market Watch (Free subscription) | 11/19/2009
Rates on 30-year fixed-rate mortgages drop to an average of 4.83% for the week ending Nov. 19, its lowest level since May, Freddie Mac reports.
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Market Watch (Free subscription) | 11/19/2009
SAN FRANCISCO (MarketWatch) -- Freddie Mac said Thursday the 30-year fixed-rate mortgage average fell to the lowest level since late May, down from the previous week to 4.83% with an average 0.7 point for the week ending Nov. 12. In the previous period, the average was 4.91%, and the year-ago average was 6.04%. "Interest rate on 30-year fixed-rate mortgage loans fell for the third consecutive...
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Law Blog - WSJ.com (Free subscription) | 11/13/2009
Home-mortgage rates fell this week, with long-term mortgage rates hitting their lowest levels in five weeks, Freddie Mac reported Thursday.
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Market Watch (Free subscription) | 11/12/2009
SAN FRANCISCO (MarketWatch) -- Freddie Mac said Thursday the 30-year fixed-rate mortgage average fell to 4.91% from the previous week with an average 0.7 point for the week ending Nov. 12. In the previous period, the average was 4.98%, and the year-ago average was 6.14%. "Mortgage rates eased further over the week, helping to promote an affordable home-purchase market and stimulate refinance....
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USA Today (Free subscription) | 11/07/2009
Freddie Mac's losses narrowed to $6.3 billion in the third quarter, but the government-controlled mortgage finance company didn't ...
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Market Watch (Free subscription) | 11/06/2009
SAN FRANCISCO (MarketWatch) -- Freddie Mac late Friday reported its third-quarter net loss attributable to Freddie Mac narrowed to $5.01 billion from a loss of $25.3 billion in the same quarter a year earlier. After payment of $1.3 billion dividend on its senior preferred stock to the Treasury Department, Freddie Mac's net loss attributable to common stockholders was $6.3 billion, or $1.94 a share....
5Vote!
Market Watch (Free subscription) | 11/05/2009
Rates on 30-year fixed-rate mortgages average 4.98% for the week ending Nov. 5, down from 5.03% the previous week, says Freddie Mac’s weekly survey.
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Market Watch (Free subscription) | 11/05/2009
CHICAGO (MarketWatch) -- Rates on 30-year fixed-rate mortgages averaged 4.98% for the week ending Nov. 5, down from a 5.03% average last week and 6.20% a year ago, according to Freddie Mac's [S:FRE] weekly survey of conforming mortgage rates, released on Thursday. The 15-year fixed-rate mortgage averaged 4.40%, down from 4.46% last week. Rates on 5-year Treasury-indexed hybrid adjustable-rate mortgages...
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Market Wire (Free subscription) | 10/30/2009
WASHINGTON, DC (MARKET WIRE) The National Association of Realtors(R) thanked Congress for speedy action in passing a congressional resolution yesterday that would extend the current higher Fannie Mae, Freddie Mac and FHA loan limits through 2010. The present loan limits would expire at the end of 2009 and revert to previous lower limits.
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l8in | 09/24/2008
Fannie Mae and Freddie Mac taken over by the US Government. The two companies combined accounts total more than $4 trillion. They hold the mortgages of HALF the homes in the USA. And they collapsed. No damaging boardroom battles here, though. Nationalisation, and by a right wing American Government at that. The US Treasury said, "Fannie Mae and Freddie Mac are so large and interwoven in our financial...
3Vote!
shugaray | 09/07/2008
Feds Seize Fannie Mae And Freddie Mac
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