Archive for January, 2014


Fixed Mortgage Rates Move Lower Again

MCLEAN, VA–(Marketwired – Jan 30, 2014) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates lower again this week following the release of weaker housing data. News Facts 30-year fixed-rate mortgage (FRM) averaged 4.32 percent with an average 0.7 point for the week […]

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Home Price Climb Returning to Average

NEW YORK (TheStreet) — Home prices rose faster in the third quarter than at any time since 2006, but are expected to slow considerably in 2014, according to data released Thursday by Corelogic. Indeed, pending home sales data from the National Association of Realtors, also released Thursday, came in weaker than expected, showing a decline […]

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EPA and Freddie Mac to Cut Carbon Pollution and Increase Affordability of Multifamily Buildings

WASHINGTON, DC–(Marketwired – Jan 30, 2014) – The U.S. Environmental Protection Agency (EPA)’s Energy Star program and Freddie Mac (OTCQB: FMCC) have signed an agreement that will help to cut carbon pollution while increasing the affordability of multifamily housing properties. The agreement outlines strategies to save water, energy and money for multifamily property owners and residents. […]

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US pending home sales sank in December

Washington (AFP) – US pending home sales plunged in December to a two-year low, but tough weather conditions and low inventory were partly to blame, the National Association of Realtors said Thursday.. NAR said its pending home sales index, an indicator based on signings of sales contracts, fell 8.7 percent from November to 92.4 in […]

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Freddie Mac Supported Industry With Nearly $26 Billion in 2013 Multifamily Volumes

MCLEAN, VA–(Marketwired – Jan 29, 2014) –  Freddie Mac (OTCQB: FMCC) announced today that it had another strong year with $25.9 billion in volume for its multifamily business (loan purchase and bond guarantee volume) — the second biggest volume year in its history. The largest yearly volume of $28.8 billion occurred the previous year in 2012.  […]

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December Pending Home Sales Fall

WASHINGTON, DC–(Marketwired – Jan 30, 2014) –  Pending home sales measurably dropped in December, with abnormal weather partly inhibiting home shopping in much of the U.S., according to the National Association of Realtors®. Declines were experienced in all four major regions. The Pending Home Sales Index,* a forward-looking indicator based on contract signings, fell 8.7 […]

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Fannie Mae to sell $500 million in bills on Wednesday

The headquarters of mortgage lender Fannie Mae is shown in Washington (Jason Reed Reuters, / September 8, 2008) Topics Fannie Mae Reuters 8:29 a.m. EST, January 29, 2014 Copyright © 2014, Reuters Currently there are no comments. Be the first to comment! Free newsletters! Sign up for Breaking News, Huskies, Weekender, Midday Business and more. […]

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Analysis: Obama's fresh call for housing reform unlikely to spur much action

By Margaret Chadbourn WASHINGTON (Reuters) – President Barack Obama’s renewed pitch for legislation to wind down mortgage-finance giants Fannie Mae and Freddie Mac is unlikely to break a political log-jam that threatens to put the goal out of reach – at least while he’s in office. Obama made the case in his State of the […]

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Obama Punts on Fannie and Freddie in State of the Union Speech

NEW YORK (TheStreet) —Fannie Mae  (FNMA) and Freddie Mac  (FMCC) reform efforts were notably absent from President Obama’s State of the Union speech Tuesday night, an omission that is likely to disappoint parties looking to dismantle the housing giants. “By not mentioning Fannie Mae and Freddie Mac, we think he signaled that the issue is […]

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Obama speech will call for limiting government role in housing

WASHINGTON, Jan 28 (Reuters) – President Barack Obama will renew his call on Tuesday to wind down mortgage-finance giants Fannie Mae and Freddie Mac and revamp the housing finance system to include a more limited government backstop, the White House said. In his State of the Union address, Obama will urge Congress to pass legislation […]

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