A recent study from Freddie Mac turned up some discouraging results to throw some cold water on economists' high hopes: The job fields that are expected to grow most in the coming years happen to have some of the lowest homeownership rates.
Read More »Freddie Mac to Announce Q4, Full Year 2014 Financial Results Thursday
Freddie Mac will report its fourth quarter and full year 2014 financial results in a conference call with the media on Thursday, February 19, beginning at 9 a.m. Eastern time, according to an announcement from the GSE.
Read More »Agency MSR Portfolio With $736 Million in UPB Up For Bidding
A sizable new portfolio of agency mortgage servicing rights (MSR) has come to market with days left to go before bidding ends.
Read More »Investor Says His Company Has Made ‘Considerable Progress’ In GSE Funds Lawsuit
One week after a U.S. Federal Court of Claims Judge ruled that his company's lawsuit against the government over its use of GSE profits could continue, Fairholme Funds CEO Bruce Berkowitz addressed investors on a conference call Tuesday morning, telling them that his company, one of the GSEs' biggest investors, has made "considerable progress" in its lawsuit against the government.
Read More »FHFA Proposes Minimum Financial Requirements for GSE Servicers, Sellers
The Federal Housing Finance Agency (FHFA) announced on Friday proposed new minimum financial requirements for mortgage sellers and servicers to do business with Fannie Mae and Freddie Mac. The proposed requirements include minimums for net worth, capital ratio, and liquidity criteria that must be met by servicers and sellers to do business with the GSEs.
Read More »Freddie Mac Portfolio Expands at Highest Monthly Rate in Five Years
Freddie Mac's total mortgage portfolio ended 2014 on a strong note with its highest annualized growth rate for a single month in five years, according to the enterprise's December 2014 Monthly Volume Summary released Thursday.
Read More »Freddie Mac: Indicators Show More Stability in Housing Market
The index tracks current gauges of purchase applications, payment-to-income ratios, on-time mortgages, and employment and measures them against their long-term stable ranges. A reading between 80 and 120 is considered to be a sign of a stable market.
Read More »Freddie Mac Chief Economist Departs for CoreLogic
After more than a quarter of a century spent working for Freddie Mac, Dr. Frank Nothaft has moved on to serve as SVP and chief economist at CoreLogic, the property information firm announced.
Read More »Freddie Mac to Auction $410 Million Worth of Delinquent Mortgage Loans
Government-sponsored enterprise Freddie Mac has announced that it will begin its second sale of “deeply delinquent” mortgage loans in three pools worth approximately $410 million. Delinquent loans left over from a wave of foreclosures following the housing bust have dogged Freddie Mac and its sister GSE, Fannie Mae. The conservator for both GSEs,
Read More »Freddie Mac: Households, Businesses Should Take Advantage of Positive Housing Opportunities While They Last
Freddie Mac cited a number of positive opportunities for housing to start 2015, but households and businesses should take advantage of them because those opportunities may be limited, according to the GSE's January 2015 U.S. Economic and Housing Market Outlook released on Tuesday.
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