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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 67-77
  • Senate confirms Rep. Mel Watt as Fannie Mae, Freddie Mac regulator

    Senate confirms Rep. Mel Watt as Fannie Mae, Freddie Mac regulator
    WASHINGTON -- The Senate voted 57-41 on Tuesday to confirm Rep. Mel Watt to head the agency overseeing Fannie Mae and Freddie Mac, ending a long battle by President Obama to install a regulator open to more aggressive action to help struggling homeowners....
  • Freed of filibuster threat, Senate OKs two Obama nominees

    Freed of filibuster threat, Senate OKs two Obama nominees
    WASHINGTON — The Senate on Tuesday confirmed Patricia Millett for the U.S. Court of Appeals for the District of Columbia Circuit and Rep. Melvin Watt (D-N.C.) to lead the Federal Housing Finance Agency, the first nominees approved since the...
  • Home Depot says profit improving on housing market boom

    Home Depot says profit improving on housing market boom
    Home Depot Inc. is another beneficiary of the housing boom.  The largest U.S. home-improvement retailer said Wednesday that it would meet a profit-improvement goal one year ahead of schedule, thanks in part to demand created by homeowners. In June...
  • Freddie Mac: Mortgage rates edge lower; 30-year fixed at 4.42%

    Freddie Mac: Mortgage rates edge lower; 30-year fixed at 4.42%
    Fixed mortgage rates edged lower this week, with Freddie Mac reporting that lenders were offering 30-year fixed home loans at an average of 4.42%, down from 4.46% a week earlier. The average offering rate for the 15-year fixed mortgage was 3.43%, down...
  • FHA reports improvements in finances, but net worth still negative

    FHA reports improvements in finances, but net worth still negative
    The Federal Housing Administration, fresh from a $1.7-billion bailout, now projects that it will replenish its financial reserves to required levels in 2015, two years faster than it had predicted a year ago. The agency said its net worth remains in the...
  • Mortgage refinancing projected to plunge in 2014 as rates rise

    Mortgage refinancing projected to plunge in 2014 as rates rise
    Is this the end of bargain mortgage rates? Home lending will fall by a third next year as interest rates rise, a mortgage industry group says in a new forecast. The Mortgage Bankers Assn. said Tuesday that it expects to see $1.19 trillion in new...
  • The JPMorgan exception

    The JPMorgan exception
    JPMorgan Chase is trying to reach a multibillion-dollar deal with the federal government to settle allegations of securities fraud — based largely on claims against two failing banks it rescued during the crisis at Washington's behest. The...
  • JPMorgan settles with regulator of Fannie, Freddie

    JPMorgan settles with regulator of Fannie, Freddie
    NEW YORK — The widely expected $13-billion settlement between JPMorgan Chase & Co. and the federal government started to take shape with details in a key deal unveiled Friday. The New York bank agreed to pay $5.1 billion to the regulator...
  • Mortgage rates ease slightly, Freddie Mac says; 30-year at 4.1%

    Mortgage rates ease slightly, Freddie Mac says; 30-year at 4.1%
    Mortgage rates slipped lower this week, with Freddie Mac saying lenders were offering the 30-year fixed-rate home loan at an average 4.1%, compared with 4.13% last week. The average rate for a 15-year fixed mortgage was 3.2%, down from last week’s...
  • Republicans block nomination of Mel Watt to be key housing regulator

    Republicans block nomination of Mel Watt to be key housing regulator
    WASHINGTON -- The nomination of Rep. Mel Watt to be the regulator for housing finance giants Fannie Mae and Freddie Mac failed a key procedural vote Thursday because of strong Republican opposition. President Obama nominated Watt, a veteran Democrat...
  • Senate Republicans block nominee for housing agency

    Senate Republicans block nominee for housing agency
    WASHINGTON — In blocking the nomination of Rep. Mel Watt to head a top housing agency, Senate Republicans showed they preferred to keep oversight of Fannie Mae and Freddie Mac in the hands of a career bureaucrat who opposes providing more aggressive...