freddie mac News
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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.
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.
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.
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.
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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