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Freddie Mac

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

Top Freddie Mac Articles

Displaying items 45-55
  • Sens. Warren, Coburn propose more disclosure on federal settlements

    Sens. Warren, Coburn propose more disclosure on federal settlements
    WASHINGTON -- Sens. Elizabeth Warren and Tom Coburn on Wednesday introduced legislation requiring federal agencies to disclose more information about settlements that end government investigations, such as whether the money paid by companies is tax-...
  • Cease-fire declared in Senate over nominations

    Cease-fire declared in Senate over nominations
    WASHINGTON — Senate leaders on Friday called a cease-fire in a weeklong fight over the chamber’s new rules that limit filibusters, ending a nearly 48-hour marathon session. In the end, senators’ aversion to what would have been a...
  • Freddie Mac: Mortgage rates rise slightly; 30-year averages 4.47%

    Freddie Mac: Mortgage rates rise slightly; 30-year averages 4.47%
    Mortgage rates rose a bit this week following positive news on home building, with Freddie Mac saying lenders were offering a 30-year fixed-rate loan at an average of 4.47%, up from 4.42% last week. The average for a 15-year fixed was 3.51%, up from 3....
  • The Fed starts to taper -- but doesn't give up on easy money

    The Fed starts to taper -- but doesn't give up on easy money
    Nothing like a little sugar to help investors swallow a bitter pill from the Fed. The Federal Reserve's Open Market Committee announced Wednesday that it will finally start tapering its extraordinary efforts to stimulate the economy. Instead of printing...
  • Senate confirms new Homeland Security deputy and IRS chief

    Senate confirms new Homeland Security deputy and IRS chief
    WASHINGTON — In its last workday of the year, the Democratic-controlled Senate overcame GOP objections Friday to confirm two high-profile Obama nominees to the Department of Homeland Security and the Internal Revenue Service, but put off final...
  • Unwelcome Christmas present: rise in interest rates

    Unwelcome Christmas present: rise in interest rates
    It's the financial-market equivalent of a lump of coal. Interest rates are steadily inching up, with the yield on the benchmark 10-year Treasury note brushing up against 3% on Thursday morning. The movement in Treasury rates portends a potential...
  • BofA's legal costs mount in Countrywide mortgage fiasco

    BofA's legal costs mount in Countrywide mortgage fiasco
    NEW YORK — A federal judge will soon decide how much Bank of America should pay for some of Countrywide Financial Corp.'s sins in the lead-up to the financial crisis. Federal prosecutors want BofA to pay $864 million after the bank's stinging...
  • Fannie, Freddie give non-investor home buyers 'first look' period

    Fannie, Freddie give non-investor home buyers 'first look' period
    WASHINGTON — An important resource for first-time home buyers and others who find themselves in unfair competition with deep-pocket investors bearing cash just got better: The two biggest players in the mortgage market, Fannie Mae and Freddie Mac,...
  • Wells Fargo to pay $591 million to Fannie Mae in mortgage settlement

    Wells Fargo to pay $591 million to Fannie Mae in mortgage settlement
    WASHINGTON — Wells Fargo & Co. said Monday it has agreed to pay $591 million to Fannie Mae to settle disputes over soured mortgages the bank sold to the seized housing finance giant during the subprime housing boom. The agreement covers loans...
  • Freddie Mac: Mortgage rates fall, with 30-year loans averaging 4.22%

    Freddie Mac: Mortgage rates fall, with 30-year loans averaging 4.22%
    Fixed mortgage rates fell early this week in the wake of a decline in the inflation rate, with Freddie Mac pegging the 30-year loan at an average of 4.22%, down from 4.35% last week. But the trend Thursday was once again toward higher rates. Freddie...
  • A push to get lenders to reward energy efficiency in homes

    A push to get lenders to reward energy efficiency in homes
    WASHINGTON — For the growing numbers of home purchasers who care about energy efficiency, it's the ultimate "green" goal: Lenders should recognize the net savings that energy improvements provide to property owners and take them into account when...