freddie mac News

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Obama Overhaul of Housing Finance Would Scuttle Fannie, Freddie

The Obama administration today sent to Congress proposals to reduce government support for the home finance market, a series of ambitious if sketchy and protracted moves that would wind down the federally backed mortgage giants Fannie Mae and Freddie Mac. The 32-page plan outlines steps to make room for more private...

Opinion: Abolish Fannie and Freddie

When the Obama administration issues its report about the future of Fannie Mae and Freddie Mac -- expected later this week -- it is sure to set off another round of debate about what to do with these giant mortgage companies. During the depths of the financial crisis, there was plenty of brave talk from Democrats and...

Federal Panel Finds Financial Crisis Was Avoidable

WASHINGTON -- The government-appointed panel investigating the roots of the financial crisis says the meltdown occurred because government officials and Wall Street executives ignored warning signs and failed to manage risks. The crisis could have been avoided, the Financial Crisis Inquiry Commission determined in a final...

One on One With Brandon Rios

Elie Seckbach, the Embedded Correspondent, brings his exclusive video reporting to FanHouse. Check back regularly for more videos. Lightweight (135 pounds) Brandon Rios will face Omri Lowther on the under card of Saturday night's HBO pay per view televised, WBC junior middleweight (154 pounds) clash between WBO...

From Bad to Worse? A Foreclosure Crisis Primer

(Oct. 15) -- The American housing mess just keeps getting messier. Even as federal and state governments ratchet up investigations into the way banks and the mortgage-servicing industry move to seize the homes of owners who failed to make payments, the pace of foreclosures is picking up. And just over two years after a...

freddie mac News From AOL

AOL MONEY & FINANCE

Freddie Mac names ex-ETrade head as new CEO

WASHINGTON -Donald Layton, the former chief executive of brokerage firm E(asterisk)Trade Financial Corp, will be the next CEO of Freddie Mac. The government-controlled mortgage company says Layton will take over the top job on May 21.

THE HUFFINGTON POST - BUSINESS

Woman May Get To Stay In Home -- Thanks To Occupy

For more than a year after January 2011 when the bank foreclosed on Monique White's North Minneapolis home, she has been fighting to stay.

RENTEDSPACES.COM

Freddie Mac Asks for More Federal Aid After Another Loss

Government-controlled mortgage giant Freddie Mac is requesting $19 million in additional federal aid after posting a loss for the first quarter of this year.

RENTEDSPACES.COM

Avoiding Foreclosure: More and Better Options Available Now

If you're teetering on the edge of foreclosure, you may have a much better chance of finding your footing than in years past.

THE HUFFINGTON POST - BUSINESS

Top Freddie Mac Executive Steps Down

A top executive at Freddie Mac is leaving the mortgage buyer a year after he was appointed to head its single-family business.

freddie mac News From the Web

06/02/12 Fannie Mae and Freddie Mac join Nevada housing aid... Source: FOX - Fox 13 - Tampa Bay FL Fannie Mae and Freddie Mac will participate in a Nevada program that cuts loan balances for certain homeowners who are current on their mortgages and owe more than their houses are worth in what could be a model for other hard-hit states.
06/01/12 Fannie Mae Serious Delinquency rate declined in April,... Source: Calculated Risk Fannie Mae reported that the Single-Family Serious Delinquency rate declined in April to 3.63%, down from 3.67% in March.
06/01/12 Refinancing Effort Grows, But Levels Still Low for... Source: Developments - The Wall Street Journal The number of homeowners who have refinanced their home loans under a revamped federal program for those with sunken property values is rising, but the effort is just starting to reach the most severely "underwater" borrowers.
06/01/12 15-year mortgages dip below 3% Source: Charlotte Business Journal - Charlotte NC Long-term mortgage rates continued to fall to new record lows this week, with the average rate on a 15-year fixed-rate mortgage falling below 3 percent.
05/31/12 Fitch Releases Report for FREMF 2012-K18 and Freddie... Source: Allegheny Energy Inc NEW YORK--( BUSINESS WIRE )--Fitch Ratings has published a new issue report on Freddie Mac FREMF 2012-K18 multifamily mortgage pass-through certificates and Freddie Mac Structured Pass-Through Certificates, Series K-018, which replaces the presale report currently available.

Background on freddie mac

The Federal Home Loan Mortgage Corporation (FHLMC), known as Freddie Mac (), is a public government sponsored enterprise (GSE), headquartered in the Tyson's Corner CDP in unincorporated Fairfax County, Virginia.

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