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Tag Archives: Freddie Mac

Fannie, Freddie announce list of foreclosure attorneys

Pursuant to an October directive from the Federal Housing Finance Agency, national mortgage servicers Fannie Mae and Freddie Mac released a revised list of retained foreclosure attorneys Tuesday. Fannie Mae’s New York attorneys list includes two firms from the Rochester ...

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Congress moves to end Fannie, Freddie bonuses

WASHINGTON — Congress is seeking to end the practice of paying million-dollar bonuses to executives at government-controlled mortgage giants Fannie Mae and Freddie Mac. The House Financial Services Committee approved legislation Tuesday that would suspend $12.8 million in Fannie and ...

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Freddie Mac reports Q3 loss, asks for $6B in aid

WASHINGTON — Government-controlled mortgage giant Freddie Mac has requested $6 billion in additional aid after posting a wider loss in the third quarter. Freddie Mac said Thursday that it lost $6 billion, or $1.86 per share, in the July-September quarter. ...

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Mortgage rates now below lows of early 1950s

WASHINGTON, D.C. — Mortgage rates have skated near record lows for weeks. But now it can finally be said: Long-term rates in the United States have never been lower. As of Friday, the average rate on a 30-year fixed mortgage fell to 4.01 percent ...

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S&P downgrades Fannie, Freddie, U.S.-backed debt

WASHINGTON, D.C. — Standard & Poor’s Ratings Services on Monday downgraded the credit ratings of Fannie Mae and Freddie Mac and other agencies linked to long-term U.S. debt. The agency also lowered the ratings for: farm lenders; long-term U.S. government-backed debt ...

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Mortgage rates flat after hitting yearly low

WASHINGTON — Fixed mortgage rates stayed roughly flat after falling for nine weeks. The average rate on the 30-year loan ticked up from a yearly low of 4.49 percent to 4.50 percent, Freddie Mac said Thursday. The average rate on the 15-year fixed mortgage, a popular refinance option ...

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