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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 78-88
  • U.S. homeownership at 1995 levels despite housing rebound

    U.S. homeownership at 1995 levels despite housing rebound
    Homeownership in the United States remained flat last quarter, staying at its lowest level in nearly two decades and underscoring the dominant role investors have played in the housing recovery. The nation’s homeownership rate was 65.1% on a...
  • Lawmakers want to outlaw tax deductions for government settlements

    Lawmakers want to outlaw tax deductions for government settlements
    WASHINGTON -- Two senators introduced legislation Wednesday to outlaw tax deductions by companies for penalties paid as part of government settlements, responding to concerns that JPMorgan Chase & Co. could end up with a huge write-off if it settles civil...
  • Toll Brothers to purchase Southland builder for $1.6 billion

    Toll Brothers to purchase Southland builder for $1.6 billion
    Building giant Toll Brothers has agreed to purchase the home-building business of Shapell Industries, the Beverly Hills firm behind tens of thousands of houses across California. The $1.6-billion deal, announced late Wednesday, significantly boosts...
  • Freddie Mac: Fixed mortgage rates moving higher; 30-year at 4.16%

    Freddie Mac: Fixed mortgage rates moving higher; 30-year at 4.16%
    A brighter economic picture sent mortgage interest rates higher this week, with housing finance giant Freddie reporting that a 30-year fixed-rate home loan averaged 4.16%, up from 4.1% last week. The interest rate for a 15-year fixed mortgage, popular...
  • Fannie Mae posts third-quarter profit, to pay government $8.6 billion

    Fannie Mae posts third-quarter profit, to pay government $8.6 billion
    WASHINGTON -- Seized mortgage finance giant Fannie Mae posted its seventh-straight quarterly profit in the July-through-September period and will pay the government $8.6 billion in dividends, bringing it close to offsetting the cost of its 2008 bailout,...
  • Freddie Mac to pay U.S. $30.4 billion, offsetting bailout cost

    Freddie Mac to pay U.S. $30.4 billion, offsetting bailout cost
    WASHINGTON -- Freddie Mac, the mortgage finance firm seized by the government in 2008 along with sibling Fannie Mae, will pay the Treasury $30.4 billion in dividends after posting a third-quarter profit and will have more than offset its bailout costs,...
  • Taxpayers near break-even point with Fannie, Freddie bailouts

    Taxpayers near break-even point with Fannie, Freddie bailouts
    WASHINGTON — More than five years after the government seized Fannie Mae and Freddie Mac, taxpayers are close to breaking even on the controversial bailouts of the mortgage finance giants. The companies said Thursday that they would make another...
  • Dodd-Frank: Obama's other big bad law

     Dodd-Frank: Obama's other big bad law
    In July 2010, four months after President Obama signed his universal healthcare act into law, he enacted his other signature achievement, the Dodd-Frank financial reform law. Although we haven't paid as much attention to it, Dodd-Frank is as flawed in its...
  • Key federal tax aid for homeowners in danger of expiration

    Key federal tax aid for homeowners in danger of expiration
    WASHINGTON — Haven't we seen this movie before? On Capitol Hill for the second year in a row, key federal tax assistance for homeowners is heading for expiration within weeks. And there's no sign that Congress plans — or has the minimal...
  • 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...