Fannie, Freddie to start buying back bad loans
Fannie, Freddie to start buying back bad loans
Government controlled mortgage finance companies Fannie Mae and Freddie Mac said Wednesday they will buy back troubled loans contained in securities they have already sold to investors.
Read more on AP via Yahoo! Philippines News
Cloudy Future for Fannie and Freddie
Cloudy Future for Fannie and Freddie
The Great Bailout is mostly over for the banks. For Fannie Mae and Freddie Mac, the lifeline keeps getting longer.
Read more on New York Times
Categories: mortgage meld Tags: Cloudy, Fannie, Freddie, future
Mortgages: Mortgage rates remain flat: Freddie Mac
Mortgages: Mortgage rates remain flat: Freddie Mac
The 30-year fixed-rate mortgage averages 4.98% for the week ending Jan. 28, down from 4.99% last week and 5.10% a year ago, according to Freddie Mac’s weekly survey.
Read more on Market Watch
Paulson Says Russia Urged China to Dump Fannie, Freddie Bonds
Paulson Says Russia Urged China to Dump Fannie, Freddie Bonds
Jan. 29 (Bloomberg) — Russia urged China to dump its Fannie Mae and Freddie Mac bonds in 2008 in a bid to force a bailout of the largest U.S. mortgage-finance companies, former Treasury Secretary Henry Paulson said.
Read more on Bloomberg
Freddie Mac Said to Consider Financing Stuytown Purchase
Freddie Mac Said to Consider Financing Stuytown Purchase
Jan. 26 (Bloomberg) — Freddie Mac, the U.S.-backed mortgage buyer that is a creditor of Stuyvesant Town-Peter Cooper Village, would consider providing financing to an eventual buyer of the Manhattan apartment complex, according to a person familiar with the matter.
Read more on Bloomberg
Freddie Mac: Benchmark Mortgage Rate Dips Below 5%
Freddie Mac: Benchmark Mortgage Rate Dips Below 5%
Freddie Mac: Benchmark Mortgage Rate Dips Below 5%
Read more on Fox News
Frank to Recommend Replacing Fannie Mae, Freddie Mac (Update2)
Frank to Recommend Replacing Fannie Mae, Freddie Mac (Update2)
Jan. 22 (Bloomberg) — Representative Barney Frank said his committee will push to replace Fannie Mae and Freddie Mac , seized by regulators almost 17 months ago, with a different model for U.S. mortgage financing.
Read more on Bloomberg
Barney Frank: Abolish Fannie Mae, Freddie Mac
Barney Frank: Abolish Fannie Mae, Freddie Mac
WASHINGTON — A top lawmaker is calling for the elimination of mortgage finance companies Fannie Mae and Freddie Mac and the establishment of a new system to provide money for U.S. home loans.
Read more on Asbury Park Press
The Debate Surrounding Fannie Mae and Freddie Mac
The Debate Surrounding Fannie Mae and Freddie Mac
Mortgage giants Fannie Mae and Freddie Mac have long been the subject of controversy. The Congressionally-chartered firms had dueling agendas, on the one hand to “make housing more affordable”, on the other to “maximize shareholder value.” It took the financial crisis to prove the government did indeed guarantee Fannie & Freddie. So far the Treasury (read: the taxpayers) has pumped in over $100 …
Read more on Nightly Business Report
Categories: mortgage meld Tags: Debate, Fannie, Freddie, Surrounding
(AFX UK Focus) 2010-01-13 14:59 Freddie Mac to sell new multifamily securities
(AFX UK Focus) 2010-01-13 14:59 Freddie Mac to sell new multifamily securities
NEW YORK, Jan 13 (Reuters) – Freddie Mac said on Wednesday it plans to sell about $1.1 billion of multifamily mortgage-backed securities known as ‘K’ Certificates” this month. Freddie Mac, the second-largest U.S. home funding provider, hired Goldman Sachs and JP Morgan to manage the sale of the K-005 offering. Pricing is expected on or about Jan. 27, to settle on Feb. 3. The certificates are …
Read more on Interactive Investor
Categories: mortgage meld Tags: 1459, 20100113, Focus, Freddie, multifamily, Securities, sell