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Freddie Mac to sell $2.0 bln bills on Tuesday
ReutersMay 28 (Reuters) - Freddie Mac, the No. 2 U.S. home funding company, said it will sell $2.0 billion of reference bills on Tuesday. Freddie Mac said it plans to sell $1.0 billion of three-month bills due Aug. 26, 2013 and $1.0 billion six-month bills, due...Tags: Auction Service
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Freddie Mac sells $2.0 bln bills at lower rates
ReutersMay 28 (Reuters) - Freddie Mac, the No. 2 U.S. home funding company, on Tuesday said it sold $2.0 billion of reference bills at lower rates and mixed demand compared with the most recent sales of similar maturities and comparable amounts. Freddie Mac...Tags: Auction Service
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FHA interest rule under fire
Pressured by consumer protection regulators, the Federal Housing Administration is expected to end one of its most controversial practices: Charging borrowers interest on their home mortgages for weeks after they've paid off the entire principal balance....Tags: Benjamin L. Cardin, Economy, Business and Finance, Christopher Dodd, Finance, Federal Housing Administration
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Freddie Mac: Mortgage rates rise again; 15-year fixed tops 3%
Fixed mortgage rates shot higher for the fifth consecutive week,Freddie Macsaid, with the typical 15-year home loan topping 3% for the first time in a year and the 30-year rate rising to an average of 3.91% from 3.81% a week ago. The trend reflects Wall...
Tags: Mortgages, Federal Reserve, Fannie Mae
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Average 30-year interest rates rise to nearly 4%
Sun SentinelInterest rates on average 30-year fixed loans rose for the fifth week in a row and is now near 4 percent, Freddie Mac said Thursday. The average 30-year fixed mortgage rate was at 3.91 percent this week. Last week, the rate had jumped to 3.81...Tags: Economy, Business and Finance, Finance, Money and Monetary Policy
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Obama administration extends life of anti-foreclosure program
ReutersWASHINGTON, May 30 (Reuters) - The Obama administration on Thursday said it was extending the life of its signature foreclosure-prevention program by two years to help more struggling borrowers keep their homes. The Home Affordable Modification Program,...Tags: Financial and Business Services, Economy, Business and Finance, Jack Lew, Jeb Hensarling, Finance
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Fed balance sheet shrinks in latest week
ReutersNEW YORK (Reuters) - The Federal Reserve's balance sheet shrank in the latest week on lower holdings of mortgage-backed securities and agency debt, Fed data released on Thursday showed. The Fed's balance sheet, which is a broad gauge of its lending to...Tags: Mortgages, Federal Reserve, Fannie Mae
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Freddie Mac: 30-year mortgage rate hits 3.81%, highest in a year
Mortgage rates shot sharply higher this week in reaction to the improving economy, with Freddie Mac’s survey reporting that the average for a 30-year fixed loan rose from 3.59% last week to 3.81% -- the highest in more than a year. The survey, out...
Tags: Homes, Financial and Business Services, Mortgages, Federal Reserve, Federal Deposit Insurance Corporation
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Citi llega a acuerdo sobre demanda en EEUU por más de 3.500 mln dlrs
ReutersPor Nate Raymond NUEVA YORK (Reuters) - Citigroup Inc llegó a un acuerdo con una agencia federal estadounidense que habÃa acusado al banco de engañar a Fannie Mae y Freddie Mac para comprar 3.500 millones de dólares en valores garantizados por...Tags: Dwayne Johnson, Manhattan (New York City), Citigroup Incorporated, General Electric Company, Fannie Mae
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PRESS DIGEST - Financial Times - May 29
ReutersMay 29 (Reuters) - The following are the top stories in the Financial Times. Reuters has not verified these stories and does not vouch for their accuracy. Headlines Ads on Facebook dropped after appearing next to offensive posts () EU eases hard...Tags: Economy, Business and Finance, Labor Legislation, Crime, Law and Justice, Finance, Facebook
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HAMP, HARP extended 2 years
Tribune staff reporterThe Obama administration has extended its loan modification program for struggling homeowners who have Fannie Mae- and Freddie Mac-backed mortgages. The Treasury Department said Thursday the Making Home Affordable Program, which was to end in December,...Tags: U.S. Department of the Treasury, Fannie Mae
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Lew says Fannie Mae payment helps delay debt limit until Labor Day
WASHINGTON -- A nearly $60-billion dividend payment to the government by taxpayer-owned Fannie Mae will help push off the effective date on which the U.S. would hit its debt limit until at least Labor Day, Treasury Secretary Jacob J. Lew said Friday....
Tags: Economy, Business and Finance, Finance, Republican Party, Holidays, JPMorgan Chase & Co.
May 28, 2013
|Story| Reuters
May 28, 2013
|Story| Reuters
Jun 8, 2013
|Story| Hartford Courant
Jun 6, 2013
|Story| Los Angeles Times
Jun 6, 2013
|Story| South Florida Sun-Sentinel
May 30, 2013
|Story| Reuters
May 30, 2013
|Story| Reuters
May 30, 2013
|Story| Los Angeles Times
May 28, 2013
|Story| Reuters
May 28, 2013
|Story| Reuters
May 30, 2013
|Story| Chicago Tribune
May 10, 2013
|Story| Los Angeles Times
Original site for Freddie Mac topic gallery.
