Tag Archives: Freddie Mac

Fannie, Freddie post solid earnings for 1Q

WASHINGTON (AP) — Government-controlled mortgage financers Fannie Mae and Freddie Mac posted solid earnings for the January-March period as the U.S. housing market continued to recover. Gains over recent quarters have enabled the companies to fully repay their taxpayer aid ...

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Fannie, Freddie post strong earnings for 3Q

WASHINGTON — Fannie Mae and Freddie Mac posted strong earnings for the July-September period as the housing market continued to recover. The gains will enable the mortgage giants to finish repaying their taxpayer aid or come close to doing so ...

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Average rate on 15-year US mortgage above 3 pct.

WASHINGTON — The average U.S. rate on a 15-year fixed mortgage rose above 3 percent this week for the first time in a year, while the rate on the 30-year fixed loan approached 4 percent. Mortgage buyer Freddie Mac said ...

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NY attorney general joins call for changes at FHFA

New York Attorney General Eric T. Schneiderman and Massachusetts Attorney General Martha Coakley are leading a nine-state coalition demanding new, permanent leadership at the Federal Housing and Finance Agency, the agency that oversees Fannie Mae and Freddie Mac. In a ...

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Freddie Mac posts $2.9B net income for Q3

WASHINGTON — Mortgage giant Freddie Mac posted net income of $2.9 billion for the July-September quarter, its second straight profitable quarter. The government-controlled company attributed the gain to rising home prices and fewer mortgage delinquencies. Freddie paid a dividend of ...

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Freddie Mac posts $1.2B net income for 2Q

WASHINGTON, D.C. — Government-controlled mortgage giant Freddie Mac posted net income of $1.2 billion for the second quarter and isn’t requesting any additional federal aid for the period. The government rescued Freddie and larger sibling Fannie Mae in September 2008 ...

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Freddie asks for just $146M in aid after better 4Q

WASHINGTON — Government-controlled mortgage giant Freddie Mac has requested just $146 million in additional aid after posting a smaller loss in the fourth quarter. That’s far less than in the third quarter, when Freddie received $6 billion from the government. ...

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