Under fire, Freddie Mac retools
232799
Mortgage giant Freddie Mac is shutting down some operations of its debt-securities sales division and transferring others -- moves that experts said should
464865
Jerker Johansson of Morgan Stanley was selected to run the troubled unit, which is being revamped following the bankâs problems with U.S. subprime investments.
514548
The Fed's new subprime mortgage plans don't do enough and do too much at the same time.
183217
Interest rates on U.S. 30-year mortgages edged slightly lower in the latest week, continuing to offer an enticing rate to prospective home owners, mortgage finance company Freddie Mac said on Wednesday.
560414
Fannie Mae&#39;s newly discovered accounting artifices could give lagging reform efforts in Congress some impetus. Mortgage giants Fannie Mae and Freddie Mac are financial behemoths and political sacred cows - escaping
722469
Investor's Business Daily - Average 30-year rates jumped 10 basis points to 6.73% from a week ago, reversing three weeks of mild declines, Freddie Mac said. That&#39;s near the year-ago rate of 6.74%. Average 15-year rates rose to 6.39% vs. 6.3%, while one-year ARMs rose to 6.45% from 6.29%. Higher rates may keep housing weak through the second half.
356203
Federal housing office cannot freeze $54.2M owed to Brendsel, who left amid an accounting scandal. WASHINGTON  - The government agency that regulates Freddie Mac cannot freeze $54.
329962
Freddie Mac FRE.N, the No. 2 U.S.  mortgage finance company, said on Monday it will no longer  serve as a broker dealer in the multi-trillion-dollar mortgage  bond market, a move some said is designed to lower risk and  placate regulators.
420335
Freddie Mac's  retained portfolio grew by an annualized 4.4 percent in January to $706.2 billion, the second largest U.S. home funding company said on Thursday.
251305
Fannie Mae and Freddie Mac will have to increase their funding of mortgages for low- and moderate-income home buyers, under a new rule the Department of Housing and Urban Development announced yesterday.
581715
EVEN MORTGAGE lenders cannot get their arms around the dramatic changes in the industry over the past several months. The fall of the subprime mortgage market and the subsequent resetting of underwriting guidelines, increases in foreclosure filings, and consumer anxiety have been dramatic to both borrower and lender alike.
55694
Freddie Mac , the nation's second-largest source of home loan funding, said on Thursday its second-quarter net income fell 45 percent from a year earlier as more borrowers defaulted on their loans.
532798
Freddie Mac is hoping YouTube can help prevent troubled borrowers from losing their homes, or at least help them preserve their equity.
647814
Freddie Mac, the second biggest provider of financing for US residential mortgages, said ``significant&#39;&#39; revisions are still required before it can resume quarterly reports of its earnings.
682345
A federal regulator yesterday suggested that a measure that would allow Fannie Mae and Freddie Mac to take on jumbo mortgages could divert loan money from less expensive housing.
504901
Mortgage rates reversed a two-week climb this week, according to Freddie Mac&#39;s weekly mortgage survey. Freddie Mac reported that the 30-year fixed-rate mortgage averaged 5.74 percent for the week ended today
287561
The gain comes amid turmoil in the home loan market and reverses several quarterly losses for Freddie Mac, which buys mortgages and guarantees the performance of home loans.