No Delay in Freddie Pay Order
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A federal judge refused to delay an order that Freddie Mac release more than $50 million to former chief executive Leland C. Brendsel.
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Interest rates on U.S. 30-year and  15-year mortgages rose in the latest week as an improving  economy stoked fears of inflation, mortgage finance company  Freddie Mac said on Thursday.
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Freddie Mac FRE.N, the No. 2 U.S.  mortgage finance company, on Wednesday said it may face civil  action from the U.S. Securities and Exchange Commission for  possible violations of securities laws.
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With about 16 months left in office, the Bush administration is not giving up on pay for performance. And federal unions and many employees are not giving in to the administration.
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Wages rose faster than expected in the June-August period but analysts say the increases are still not high enough to cause inflation worries at the Bank of England.
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The Bank of England surprised precisely no one by leaving interest rates unchanged at 4.75 percent for a fourth successive month, a decision widely anticipated amid continued signs of a cooling British economy.
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WASHINGTON -- Mortgage finance company Freddie Mac will pay $50 million to settle federal charges that it fraudulently misstated earnings over a four-year period.
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The Bank of England held its key interest rate steady at 5 percent on Thursday, a decision that was widely expected.
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September 01, 2004 - The former chief executive of mortgage giant Freddie Mac will receive about $60 million in compensation that was withheld by the company on orders from its regulator.
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Mortgage rates inched up this week, but remained well below the year-high levels set in the spring. Freddie Mac, in its weekly survey released Thursday, reported that rates on 30-year, fixed-rate mortgages
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The Bank of England decides to keep UK interest rates unchanged at 5.75% this month.
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The federal regulator of Fannie Mae and Freddie Mac on Friday said growth limits placed on the two biggest providers of money for U.S. residential mortgages may be lifted as early as February.
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The weekly survey from mortgage company Freddie Mac had rates on 30-year fixed-rate mortgages inching higher this week, up to an average 5.82 percent from last week&#39;s 5.81 percent.
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Fannie Mae yesterday released details of the severance package for Franklin Raines and said the former chairman and chief executive would continue to receive a salary until mid
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Freddie Mac (FRE.N: Quote, Profile, Research) on Monday said that it sold $3.0 billion of one-month reference bills due Nov. 2, 2004 at a stop-out rate, or lowest accepted
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You can stay safe but still get higher rates.
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Earnings statement reveals the consumer lender is on the right track.