Articles About Freddie Mac
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February 24, 2012Bank of America Dumps Fannie Mae
Bank of America has announced it will stop selling new home loans to Fannie Mae after a dispute over faulty mortgages...
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February 03, 2012Obama Administration to Shut Down Fannie and Freddie
The Obama administration is working to attract more private funding for mortgage markets while winding down government-backed housing giants Fannie Mae and Freddie Mac...
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February 03, 2012Senate Passes Insider Trading Ban for Members of Congress
The Senate approved a bill on Thursday aimed at preventing lawmakers from trading on inside information...
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January 30, 2012Is Freddie Betting Against Homeowners?
A probe of Freddie Mac revealed that the mortgage insurance giant has situated itself to benefit from banks stonewalling their customers, and has taken steps to make it more difficult for those locked in high-interest mortgages to refinance to lower rates...
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January 29, 2012HAMP to Implement Changes, Give Additional Relief to Home Owners
On Friday, the Home Affordable Modification Program announced changes to the program which will include additional incentive payments and an extension...
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January 25, 2012Pending Home Sales Declined 3.5% in December
Pending home sales fell by 3.5 percent in December from 19-month high after gaining 7.3 percent the previous month, figures from the National Association of Realtors showed today...
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January 23, 2012Government Nears Mortgage Settlement Over Major Banks’ Foreclosure Practices
The nation's five largest mortgage lenders have agreed to overhaul their industry after deceptive foreclosure practices drove many Americans out of their homes...
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January 11, 2012Regulators Redefining ‘Too-Big-to-Fail’
Global financial regulators may expand the definition of 'too-big-to-fail' to include domestic lenders, clearing houses, and insurers, forcing them to abide by capital rules designed for the world's biggest banks...
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January 11, 2012Bernanke to Congress: We Need Your Help to Revive Housing
Federal Reserve Chairman Ben Bernanke is urging Congress and the White House to consider steps to aid in the housing recovery as he signals his own willingness to double down on the central bank's own efforts to revive the housing market...
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January 11, 2012
Fannie Mae CEO Michael Williams to Resign
Fannie Mae CEO Michael Williams said on Tuesday that he will resign after a successor is appointed to lead the government-controlled mortgage firm that has become the country's largest provider of residential mortgage funding...
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December 29, 2011
Payroll Tax Cut Diverts Funds from Fannie and Freddie
The federal government has directed Fannie and Freddie to increase fees on new mortgages, with the additional revenue earmarked for the U.S. Treasury Department...
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December 22, 2011
U.S. Mortgage Rates Drop to New Record Low
Mortgage rates in the U.S. have reached a new record low, with the interest rate on a 30-year fixed-rate loan averaging 3.91 percent this week, according to Freddie Mac...
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December 21, 2011California AG Sues Fannie and Freddie
California Attorney General Kamala Harris is suing Fannie Mae and Freddie Mac in an effort to force the companies to turn over documents they have refused to provide for her investigation into their mortgage foreclosure practices...
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December 16, 2011SEC Sues Former Heads of Fannie and Freddie
The U.S. Securities and Exchange Commission is suing Daniel Mudd and Richard Syron, the former chiefs of Fannie Mae and Freddie Mac, over disclosures they made about subprime loans...
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November 29, 2011The Role of Insider Trading and Hedge Funds With Congress
Free market capitalism....really?
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