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Posts related to ‘Freddie Mac’

House for Sale

Freddie Mac Report: Mortgage Loan Rates Rise on Improving U.S. Economy

Posted: June 6, 2013 at 10:25 am

In its weekly Primary Mortgage Market Survey, home lending giant Freddie Mac reported that mortgage rates for fixed-rate loans have risen for the fifth consecutive week. The mortgage lender attributes ...
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home prices

Fannie Mae Will Repay $59.4 Billion to Taxpayers

Posted: May 9, 2013 at 9:40 am

The quasi-private mortgage-finance company, Fannie Mae, posted a $58.7 billion profit in the first quarter, thanks to recognition of a tax benefit worth $50.6 billion. Fannie Mae generated $8.1 billion ...
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House for Sale

Freddie Mac: Mortgage Loan Rates Continue to Fall

Posted: May 2, 2013 at 12:20 pm

In its weekly Primary Mortgage Market Survey, home lending giant Freddie Mac reported a record-low lending rate for a 15-year fixed-rate mortgage of 2.56%. The firm also noted drops in ...
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New home

Mortgage Rates Slide: Freddie Mac

Posted: April 11, 2013 at 10:20 am

Weak reports on U.S. employment sent mortgage rates sliding for a second consecutive week, according to a report today from Freddie Mac. The average interest rate on a 30-year fixed-rate ...
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Money, US, $100 bills

Does a Fannie Mae or Freddie Mac Profit Translate to Taxpayers?

Posted: April 2, 2013 at 12:05 pm

If you were as actively monitoring the financial giants as we were during the financial meltdown, you know all about the woes of Fannie Mae (FNMA). So when news came ...
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House for Sale

Saving Fannie Mae and Freddie Mac: The Pen Mightier Than the Sword

Posted: March 19, 2013 at 3:12 pm

Are Fannie Mae and Freddie Mac really still safe from the bankruptcy chamber? 24/7 Wall St. is looking for a reality check here and we find it surprising that the ...
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U.S. Treasury Wants to Sell Non-performing Mortgage Loans

Posted: October 16, 2012 at 12:58 pm

In remarks at a housing conference in Maryland today, U.S. Treasury Under Secretary for Domestic Finance Mary Miller told the audience that Treasury is working with the Federal Housing Finance ...
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Today’s Market Winners and Losers

Posted: October 1, 2012 at 10:38 am

The stock market is up Monday, with the Dow Jones Industrial Average up 1.10%, the Nasdaq up 0.70% and the S&P 500 up 0.94%. Today's winners include a company getting ...
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Media Digest (8/15/2012) Reuters, WSJ, NYT, FT, Bloomberg

Posted: August 15, 2012 at 6:40 am

Standard Chartered pays a New York bank regulator $340 million to settle money laundering charges that involved Iran. (Reuters) The New York Times Company (NYSE: NYT) names BBC General Director ...
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Uncle Sam Riding to Big Banks’ Rescue Again? (BAC, C, JPM, WFC)

Posted: June 19, 2012 at 12:24 pm

Shares of Bank of American Corp. (NYSE: BAC) are up about 5% today on two bits of news. First there’s the story that the bank is negotiating a sale of ...
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Mortgage Delinquencies Rise Slightly in April

Posted: May 25, 2012 at 12:28 pm

The monthly mortgage report for April was released today by Freddie Mac. The report notes a rise of just 0.01% in delinquent mortgage payments for single-family homes and a rise ...
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Fixed-rate Mortgages Continue to Post New Lows

Posted: May 17, 2012 at 11:04 am

The interest rate on a 30-year fixed-rate mortgage fell to an all-time low of 3.79% last week according to Freddie Mac. The previous record low was 3.83% set in last ...
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Fixed-rate Mortgages Post Another All-time Low

Posted: May 10, 2012 at 11:20 am

The interest rate on a 30-year fixed-rate mortgage fell to an all-time low of 3.83% last week according to Freddie Mac. The previous record low was 3.84% set in last ...
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Fixed-rate Mortgages at All-time Low

Posted: May 3, 2012 at 1:06 pm

The interest rate on a 30-year fixed-rate mortgage fell to an all-time low of 3.84% last week according to Freddie Mac. The previous record low was 3.87% set in February, ...
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Freddie Mac Reports Single-Family Delinquency Rate Falls

Posted: March 27, 2012 at 12:33 pm

For the month of February, the percentage of single-family homes that were three or more months behind in payments fell to 3.57%, the first time since August 2011 that the ...
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