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A collection of news and information related to Freddie Mac published by this site and its partners.

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    May 23, 2013 |Story| Los Angeles Times

  1. Freddie Mac: Mortgage rates higher, 30-year fixed averages 3.59%

    Mortgage rates have risen for the third week in a row, with Freddie Mac's survey of lenders pegging the average 30-year fixed-rate home loan at 3.59%, up from 3.51% last week.
    Mortgage rates have risen for the third week in a row, with Freddie Mac's survey of lenders pegging the average 30-year fixed-rate home loan at 3.59%, up from 3.51% last week. Fixed-rate 15-year mortgages -- popular during a recent boom in homeowners...

    Tags: Labor Markets, Mortgages, Ben Bernanke, Federal Reserve, Real Estate Sales

    2. May 16, 2013 |Story| Los Angeles Times

  2. Freddie Mac: Mortgage rates rise; average 30-year loan at 3.51%

    Mortgage rates rose this week, with a widely watched survey reporting that lenders were offering 30-year fixed-rate loans at an average of 3.51%, up from a near-record low of 3.35% two weeks ago.
    Mortgage rates rose this week, with a widely watched survey reporting that lenders were offering 30-year fixed-rate loans at an average of 3.51%, up from a near-record low of 3.35% two weeks ago. The survey, released Thursday by mortgage financier...

    Tags: Mortgages, Credit Ratings, Financial and Business Services, Loans

    3. May 17, 2013 |Story| Los Angeles Times

  3. Short sales routinely show up in credit reports as foreclosures

    WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather than having negotiated a mutually agreeable resolution with their lender?
    WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather...

    Tags: Consumers, The Washington Post, Finance, Mortgages, Fannie Mae

    4. May 9, 2013 |Story| Los Angeles Times

  4. Mortgage rates tick up, Freddie Mac says: 30-year fixed at 3.42%

    Fixed mortgage rates have reversed course and ticked upward, with lenders offering 30-year home loans at an average of 3.42% compared with 3.35% last week, according to the latest Freddie Mac survey.
    Fixed mortgage rates have reversed course and ticked upward, with lenders offering 30-year home loans at an average of 3.42% compared with 3.35% last week, according to the latest Freddie Mac survey. The typical rate for a 15-year fixed mortgage rose...

    Tags: Labor Markets, Mortgages, Financial and Business Services, Loans

    5. May 2, 2013 |Story| Los Angeles Times

  5. Obama nominates Rep. Mel Watt to head Housing Finance Agency

    WASHINGTON — President Obama nominated Democratic Rep. Mel Watt to be the top regulator for Fannie Mae and Freddie Mac, moving to replace a career bureaucrat who has been sharply criticized by liberals for not doing more to help troubled homeowners.
    WASHINGTON — President Obama nominated Democratic Rep. Mel Watt to be the top regulator for Fannie Mae and Freddie Mac, moving to replace a career bureaucrat who has been sharply criticized by liberals for not doing more to help troubled homeowners....

    Tags: Politics, Barack Obama, Finance, Mortgages, Republican Party

    6. May 1, 2013 |Story| Los Angeles Times

  6. Obama to nominate Democratic Rep. Mel Watt to head housing agency

    WASHINGTON -- President Obama will nominate Democratic Rep. Mel Watt to head the federal housing agency that oversees taxpayer-owned Fannie Mae and Freddie Mac, a White House official said Wednesday.
    WASHINGTON -- President Obama will nominate Democratic Rep. Mel Watt to head the federal housing agency that oversees taxpayer-owned Fannie Mae and Freddie Mac, a White House official said Wednesday. Watt, an 11-term congressman from North Carolina,...

    Tags: Politics, Barack Obama, Finance, Fannie Mae, Elections

    7. May 3, 2013 |Story| Los Angeles Times

  7. Loan underwriters make 'absurd' demands in effort to verify data

    Did you hear about the loan underwriter who demanded a letter from the borrower's doctor stating the borrower had been healed and his illness would not come back? How about the underwriter who wanted a verification of employment from the borrower who listed her occupation as "homemaker"?
    Did you hear about the loan underwriter who demanded a letter from the borrower's doctor stating the borrower had been healed and his illness would not come back? How about the underwriter who wanted a verification of employment from the borrower who...

    Tags: Social Security, U.S. Postal Service, Economy, Business and Finance, Finance, Federal Housing Administration

    8. May 10, 2013 |Story| Los Angeles Times

  8. Freshman senator with senior pluck takes on the financial industry

    WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill.
    WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill. When her turn finally came after 90 minutes,...

    Tags: Litigation and Regulation, Social Security, Politics, Scott P. Brown, Finance

    9. May 1, 2013 |Story| Los Angeles Times

  9. Obama nominates new heads of FCC and federal housing agency

    WASHINGTON -- President Obama on Wednesday nominated new heads of the Federal Communications Commission and the Federal Housing Finance Agency, saying they would both help expand the economy.
    WASHINGTON -- President Obama on Wednesday nominated new heads of the Federal Communications Commission and the Federal Housing Finance Agency, saying they would both help expand the economy. Obama tapped venture capitalist Thomas Wheeler to replace...

    Tags: Satellite and Cable Service, Politics, Barack Obama, Finance, Republican Party

    10. May 10, 2013 |Story| Los Angeles Times

  10. Lew says Fannie Mae payment helps delay debt limit until Labor Day

    WASHINGTON -- A nearly $60-billion dividend payment to the government by taxpayer-owned Fannie Mae will help push off the effective date on which the U.S. would hit its debt limit until at least Labor Day, Treasury Secretary Jacob J. Lew said Friday....

    Tags: Politics, Finance, Jack Lew, Republican Party, Labor Day

    11. May 9, 2013 |Story| Los Angeles Times

  11. Fannie Mae to pay U.S. $59.4 billion after record quarterly profit

    WASHINGTON -- Bailed-out housing finance giant Fannie Mae said Thursday it would pay the U.S. government $59.4 billion after posting a record profit for the first three months of the year.
    WASHINGTON -- Bailed-out housing finance giant Fannie Mae said Thursday it would pay the U.S. government $59.4 billion after posting a record profit for the first three months of the year. The fortunes of the company, which is 80% owned by taxpayers...

    Tags: Finance, Economy, Business and Finance, Federal Bailout Funds, Fannie Mae, Financial and Business Services

    12. May 2, 2013 |Story| Los Angeles Times

  12. Freddie Mac: 30-year mortgage rate dips to 3.35%, near a record low

    The benchmark 30-year mortgage rate dropped this week to an average of 3.35%, its lowest rate in four months and within a whisper of its record low of 3.31% in fall, Freddie Mac said Thursday.
    The benchmark 30-year mortgage rate dropped this week to an average of 3.35%, its lowest rate in four months and within a whisper of its record low of 3.31% in fall, Freddie Mac said Thursday. The 15-year fixed mortgage, popular with homeowners...

    Tags: Mortgages, Financial and Business Services, Federal Reserve

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Freddie Mac Photos
The number of borrowers using a federal program to refi...
(February 19, 2013)
underwater loans
Freddie Mac's weekly survey showed the 30-year mortgage...
(January 3, 2013)
Mortgage rates
A home-refinancing boom is producing large gains for ba...
(December 4, 2012)
Banks report third-quarter earnings rise
 » All 15 Freddie Mac photos