Freddie Mac

The former chief executive officer of Freddie Mac said he repeatedly told President Barack Obama’s administration he did not believe the $75 billion home modification loan program would help the housing bubble, but was continually rebuffed.  

Dec 1 (Reuters) - The following is a list of scheduled U.S. agency bill sales from Fannie Mae and Freddie Mac for 2009. Freddie Mac 1-month and 12-month ...  

Freddie Mac (NYSE:FRE) today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 4.71 percent with an average 0.7 point for the week ending December 3, 2009, down from last week when it averaged 4.78 percent. Last year at this time, the 30-year FRM averaged 5.53 percent. The 30-year has never been this low since Freddie Mac began its weekly survey in 1971.  

Just when ya think ‘they’ can’t come up with any more ways to retard any chance of a credible real estate recovery, the goobers at Freddie Mac steps up to the plate. They’ve decided, no kiddin’, to require new investors to prove they have a couple years experience in property management — or no loan. [...]  

The average interest rate for 30-year and 15-year fixed-rate mortgages (FRM) reached a new record low, according to Freddie Mac (FRE: 1.08 -0.92%). Freddie Mac’s weekly survey of mortgage rates put the 30-year FRM at 4.71% with an average 0.7 point, down from last week, when the rate of 4.78% tied the previous all-time record low. After [...]  

The reduction or elimination of traditional safeguards in mortgage lending entailed a rising riskiness of the mortgages acquired by Fannie Mae and Freddie Mac under the new and lower mortgage loan approval standards. ...  

On November 27 the editorial page of the Financial Times offered:  For its part Abu Dhabi should give whatever help is needed to bring this episode of incompetence to a close. Abu Dhabi allowed it to be believed that it was backstopping Dubai so it should make good its promises. This will require a public guarantee of Dubai’s debts -- and soon. The reputation of the whole UAE depends upon it. Replace Dubai with Freddie Mac (FRE) and the Abu...  

http://www.companiesandmarkets.com/Summary-Company-Profile/freddie-mac-financial-and-strategic-analysis-review-188685.asp Freddie Mac - Financial and Strategic Analysis Review Summary Freddie Mac - Financial and Strategic Analysis Review is an in-depth business, strategic and financial analysis of Freddie Mac. The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and...  

Mortgage giant Freddie Mac (FRE: 1.12 -3.45%) warned in a Securities and Exchange Commission (SEC) filing this week it is working to avoid “significant” losses — potentially more than $1bn — related to a now-bankrupt lender/servicer. Freddie estimated its net potential exposure to loan repurchase obligations of bankrupt Taylor, Bean & Whitaker Mortgage Corp. (TBW) at [...]  

A day after mortgage giant Freddie Mac (FRE: 1.12 -0.88%) said its purchases and issuances were down in October, sister government-sponsored enterprise (GSE) Fannie Mae (FNM: 0.9804 -1.96%) revealed its book of business declined at an annualized rate of 3.1% in the same month. Fannie’s mortgage-backed securities (MBS) and other guarantees totaled $2.82bn at the end [...]  

Heritage.orgFannie, Freddie Woes Hurt ApartmentsWall Street Journal... stepped up their lending for apartment buildings as the commercial real-estate market peaked, and they are now facing rapidly rising loan losses. ...Trouble Brewing At Fannie Mae (FNM) And Freddie Mac (FRE)BenzingaStevens Lauds Realtor(R) Role in Housing Recovery, Assures Soundness of FHA ...SYS-CON Media (press release)all 194 news articles »  

Mortgage-Bond Yields Tumble to Lowest in More Than Six MonthsBloomberg24 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities fell to the lowest in more than six months, signaling that borrowing costs will ...Fannie Mae cuts portfolio, delinquencies jumpReutersDelinquencies Rise Further In October At Freddie MacWall Street JournalFreddie Mac Increases Mortgage Portfolio - UpdateRTT NewsistockAnalyst.com (press release...  

The Service Employees International Union has Goldman Sachs in its sights.   Why not  Fannie Mae, Freddie Mac or Congress? The union will lead a protest Monday in front of the building that houses Goldman's Washington offices (one wonders why they aren't protesting in front of the New York office given that the DC office doesn't house [...]  

Zacks.com announces the list of stocks featured in the Analyst Blog Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets Stocks recently featured in the blog include: Bank of America (NYSE: BAC), MGIC (NYSE: MTG), Fannie Mae (NYSE: FNM), Freddie Mac (NYSE: FRE) and Gymboree Corp.  

Rising delinquencies for government-sponsored mortgage giants Fannie Mae and Freddie Mac could be most detrimental to the multi-family market. The two housing financiers accounted for 84 percent of all multi-family lending last year. If they were to reduce activity in that sector in the face of maturing loans, "apartment transactions could come to a near standstill," a report from the Harvard University Joint Center for Housing Studies found...