Tag Archives: Freddie Mac

Under severely adverse economic conditions applied by the Dodd-Frank Stress Tests, Fannie Mae and Freddie Mac are projected to need another taxpayer-funded bailout.

Recently Governor Jerry Brown of California spoke during a White House conference call to reporters on his frustrations with Fannie Mae and Freddie Mac and their reservations on promoting the federal loan program for home energy and improvements.

Freddie Mac’s Q2 net income, most of which will send to the U.S. Treasury, is a major recovery from its Q1 net loss.

During the first quarter of 2016 Freddie Mac reported a net loss of $354 million while Fannie Mae reported a net income of $1.1 billion for Q1 and a positive net worth of $2.1 billion.

Serious delinquencies and foreclosures continue to decrease as the housing market returns to pre-crisis levels, but these numbers still remain high relative to the early 2000s.

Freddie Mac announced the pricing of its third “Freddie Mac Whole Loan Securities (WLS)”, which totaled to roughly $348 million of guaranteed senior and non-guaranteed subordinate actual loss securities.

A little more than half of Americans think it is too difficult to buy a home, especially for non-whites, and they don’t trust banks will help them.

Fannie Mae and Freddie Mac have continued to complete foreclosure prevention actions, and are close to achieving a milestone in the number of permanent loan modifications completed since the start of the conservatorships.

Freddie Mac has revised its forecast for the economy and the mortgage market based on the latest economic developments abroad.

The mortgage servicing industry has become stronger and more efficient in a post-crisis world, according to Freddie Mac.