Freddie

Feb 13 (Reuters) – Freddie Mac, the No. 2 U.S. home funding company, said on Monday it sold $2 billion in reference bills at higher rates and mixed demand compared with last week’s sale of similar maturities.Read Full Story

Dear Valued Borrower, With the landslide success of the Let Freddie Mac Do Whatever the Hell They Want Act of 2012 (also known as HR-65), we at Freddie Mac are pleased to announce the nation’s first ever First Infant-Backed (FIB) secured loan refinancing option! With a FIB loan, almost anyone can get a loan for a new home, jet ski, or stylish “man cave” without nasty credit checks or outrageous interest rates. And because FIB loans use your first-born child as collateral, potential...Read Full Story

Two senators who have taken the lead on legislation aimed to help homeowners refinance are blunt about how concerned they are by the news NPR reported about Freddie Mac's "multibillion-dollar bets against American homeowners being able to refinance." » E-Mail This      » Add to Del.icio.usRead Full Story

Freddie Mac Unemployment program Mortgage Assistance Programs - Freddie Mac If you are unemployed and you have a Freddie Mac owned mortgage. The news could not be better. A short sale remains a sensible solution when your home is underwater and you are unemployed.  But there is no need to rush  it if you have lost your job. Freddie Mac has announced that unemployed homeowners who apply for an official forbearance after already missing some payments can skip up to a maximum of 12...Read Full Story

WASHINGTON, Feb 7 (Reuters) – The U.S. House of Representatives on Tuesday approved a bill that would put the cost of operations for Fannie Mae and Freddie Mac in the federal budget in a bid to highlight the cost of the bailout of the two mortgage firms.Read Full Story

A federal watchdog confirmed it is looking into Freddie Mac investments that act as bets against homeowners being able to refinance. In addition, U.S. senators are expected to probe Freddie Mac's investment practice at a hearing on Capitol Hill on Thursday. » E-Mail This      » Add to Del.icio.usRead Full Story

Read More:- Freddie Mitchell Millionaire Matchmaker Freddie Mitchell Millionaire Matchmaker , The Eagles drafted wide receiver Freddie Mitchell in the first round of the 2001 draft. The highlight of his on-field career was being on the receiving end of Donovan McNabb’s 4th-and-26 pass during the 2003 playoffs. In general, Mitchell was known less for his pass-catching ability than he was for his wacky fashion sense and the ironic nicknames he created for himself.Read Full Story

House lawmakers passed legislation to put the operations of Fannie Mae and Freddie Mac on the federal budget but the bill is likely to stall in the Senate.Read Full Story

WASHINGTON ( Reuters ) - Top executives at Fannie Mae and Freddie Mac on Wednesday defended their companies' pay practices from attack by lawmakers angry that the government-controlled firms were paying out nearly $13 million in executive bonuses. The chief executives of Fannie Mae and Freddie Mac's argued the compensation structures at the mortgage finance firms were needed to retain and attract qualified staff. A bill to block the pay packages was approved by the House Financial Services...Read Full Story

NEW YORK ( Reuters ) - Securities regulators sued former top executives at Fannie Mae <FNMA.OB> and Freddie Mac <FMCC.OB> on Friday, saying they misled investors over exposure to risky mortgages. The U.S. Securities and Exchange Commission sued three former executives at Fannie Mae and three at Freddie Mac, including former chief executives of both companies. The civil charges were filed in two separate lawsuits. The SEC said both firms have agreed to cooperate with the agency and have...Read Full Story