Category Archives: Freddie Mac

Fannie and Freddie Could Raise Fees in 2012

Posted on September 26, 2011 by BrianCoester

–Realty Biz News Analysts believe that the government may need to charge higher fees to lenders and increase mortgage insurance from borrowers in order to guarantee loans when they go ahead and overhaul Fannie Mae and Freddie Mac – a … Continue reading →

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Fannie, Freddie refi market set to enter housing Twilight Zone

Posted on September 7, 2011 by BrianCoester

–Housingwire U.S. residential mortgage lending volume will struggle to reach the mid-$800 billion range in 2012, according to market research, as the recent boom in refinancings dries up at Fannie Mae and Freddie Mac. Furthermore, the report from iEmergent, paints … Continue reading →

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S&P lowers ratings on Fannie, Freddie

Posted on August 12, 2011 by BrianCoester

–Housingwire Standard & Poor’s lowered the ratings on Fannie Mae and Freddie Mac Monday after downgrading the U.S. government’s sovereign debt rating to double-A-plus late last week. Analysts also lowered the ratings on 10 of the 12 Federal Home Loan … Continue reading →

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Freddie Mac ready to launch Servicing Success Program

Posted on July 26, 2011 by BrianCoester

–Housingwire Freddie Mac posted details about its new Servicing Success Program Monday as the government-sponsored enterprise prepares for the Aug. 1 launch of the initiative. Through the program, Freddie hopes to offer servicers a more “robust and balanced approach” to … Continue reading →

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Freddie, Fannie Delinquencies Down a Full Point

Posted on July 8, 2011 by BrianCoester

–RIS Media The percentage of seriously delinquent mortgages—those that are 90 days past due or in foreclosure—held by Fannie Mae and Freddie Mac have fallen more than a point in the last year. The decline in GSE delinquency rates is … Continue reading →

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Freddie Mac settles with TBW to clean up mortgage mess

Posted on June 27, 2011 by BrianCoester

–Housingwire Freddie Mac settled with bankrupt mortgage lender Taylor, Bean & Whitaker but will see only a fraction of what it sought, according to a Securities and Exchange Commission filing this week. TBW, once the 12th largest mortgage lender in … Continue reading →

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75 Percent of Refinancing Homeowners Maintain or Reduce Debt in First Quarter

Posted on May 10, 2011 by BrianCoester

–RISMedia Freddie Mac (OTC: FMCC) released the results of its first quarter refinance analysis showing homeowners who refinance continue to strengthen their fiscal house: • In the first quarter of 2011, 3-out-of-4 homeowners who refinanced their first-lien home mortgage either … Continue reading →

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Freddie Mac loses $929 million

Posted on May 10, 2011 by BrianCoester

–Yahoo! News Mortgage finance giant Freddie Mac (FMCC.OB) on Wednesday said it lost just short of a billion dollars last quarter, though it did not ask taxpayers for more aid as the loss stemmed from interest payments to the government. … Continue reading →

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Freddie Mac expects strong spring home buying

Posted on April 13, 2011 by BrianCoester

by CHRISTINE RICCIARDI –Housingwire   The housing market is poised for an uptick in home sales during the traditional spring buying season, as employment improves and rates remain low, Freddie Mac said in its April 2011 economic outlook released Wednesday. … Continue reading →

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House members look to pay Fannie, Freddie employees as gov’t workers

Posted on April 6, 2011 by BrianCoester

by JON PRIOR –Housingwire Two members of the House Financial Services Committee are working on legislation that would align the pay of Fannie Mae and Freddie Mac employees with workers at federal bank regulatory agencies. Rep. Al Green (D-Texas) raised … Continue reading →

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