Posts Tagged Freddie mac


BRIEF-Freddie Mac issues monthly volume summary for February 2017

March 23 Federal Home Loan Mortgage Corp * Freddie Mac issues monthly volume summary for February 2017 * Freddie Mac – The total mortgage portfolio increased at an annualized rate of 2.1% in february * Freddie Mac says single-family seriously delinquent rate decreased from 0.99% in January to 0.98% in February * Freddie Mac – […]

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FHFA’s Plans for Fannie and Freddie Delayed Until 2019 …

The Federal Housing Finance Agency Thursday announced that Release 2 for its Single Security Initiative and Common Securitization Platform (CSP) for Fannie Mae and Freddie Mac will come in mid-2019. Release 2, the announcement stated, will allow Fannie Mae and Freddie Mac to use the CSP to issue a single, common security to be called […]

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Freddie Mac creates automated option for homebuyers without credit score

Freddie Mac expanded homeownership opportunities and access to credit Thursday for many Americans who do not have credit scores. The mortgage giant automated the assessment of borrowers without credit scores if they have payment references, including records showing timely housing payments. Previously, lenders could manually underwrite mortgage loans to borrowers without credit scores. Now, lenders […]

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Should You Buy Shares of Fannie Mae and Freddie Mac?

Fannie Mae (fnma) and ­Freddie Mac (fmcc), the mortgage giants that guarantee and securitize home loans for middle-class Americans. The companies had been put into conservatorship by the federal government at the height of the turmoil. But Hill figured he would share in the gains after they were nursed back to health, as promised at […]

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Fannie, Freddie revamp plan unlikely this year, dividends in focus …

WASHINGTON An overhaul of Fannie Mae and Freddie Mac is highly unlikely to make it into this year’s legislative calendar, Congressional staffers say, possibly shifting the new administration’s immediate focus to allowing the mortgage financing institutions’ to rebuild depleted capital. Fannie and Freddie stocks soared late last year when President Donald Trump’s pick for Treasury […]

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Fannie and Freddie Report Strong Volume| Housing Finance …

Both Fannie Mae and Freddie Mac posted big multifamily financing volumes in 2016, with a significant amount of business coming in affordable housing. Shutterstock The activity is attributed to strong market conditions as well as product innovation from the government-sponsored enterprises (GSEs). “The vast majority of the year we had continued low interest rates and […]

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Freddie Mac Issues Monthly Volume Summary for February 2017

MCLEAN, VA–(Marketwired – Mar 23, 2017) – Freddie Mac ( OTCQB : FMCC ) today issued the company’s Monthly Volume Summary for Feb. 2017, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. Freddie Mac makes home possible for millions of families and individuals by providing […]

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Freddie Mac Issues Monthly Volume Summary for February 2017

MCLEAN, VA–(Marketwired – Mar 23, 2017) – Freddie Mac ( OTCQB : FMCC ) today issued the company’s Monthly Volume Summary for Feb. 2017, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. Freddie Mac makes home possible for millions of families and individuals by providing […]

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The Next Move on Fannie and Freddie Won’t Come from Capitol Hill

As Reuters reports today, Members of Congress know they will not take up an overhaul of Fannie Mae and Freddie Mac this year. The Trump Administration, however, does not have the luxury of inaction. Even though the Administration itself probably lacks the bandwidth for major revisions to housing finance policy, it cannot avoid looming questions […]

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Freddie Mac Fair Fund Distribution Agent Announces Notice of Distribution Plan

On December 28, 2016, Chief Judge Royce C. Lamberth, United States District Judge for the District of Columbia issued an Order approving the Distribution Plan in the matter of SEC v. Federal Home Loan Mortgage Corporation, David W. Glenn, Vaughn A. Clarke, Robert C. Dean and Nazir G. Dossani (“Defendants”). The Distribution Plan provides that […]

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