Federal Home Loan Mortgage Corp Stock News

MCLEAN, Va., Nov. 23, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for October 2021, which provides information on Freddie Macs mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments.

Conforming loan limits are expected to increase significantly in 2022, to as much as $1 million in expensive markets.

The Federal Housing Finance Agency released the 2022 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions, LLC. The purpose of the 2022 Scorecard is to

MCLEAN, Va., Nov. 22, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) recently priced a new offering of Multifamily Structured Credit Risk (MSCR) Notes, Series 2021-MN3. The MSCR (pronounced M-SCORE) program is designed to reduce Freddie Macs exposure to mortgage credit risk and bolster the companys mission of supporting affordable and quality rental housing. MSCR transactions transfer to private investors a portion of the credit risk on eligible multifamily mortgage loans backing certain fully guaranteed securities issued by Freddie Mac through its Participation Certificates program. The approximately $317 million in MSCR Notes were priced on November 18, 2021.

Recently, the Federal Housing Finance Agency (FHFA) announced that it would be requiring Fannie Mae and Freddie Mac to prepare Equitable Housing Finance Plans to advance equity in housing finance.

MCLEAN, Va., Nov. 22, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced it sold via auction 68 non-performing residential first lien loans (NPLs) serviced by Select Portfolio Servicing, Inc. to Restora, LLC. Restora LLC is majority owned by Restorative Neighborhood Resources LLC (RNR). Skid Row Housing Trust, a not-for-profit entity, is the sole member of RNR. It provides permanent supportive housing so that people who have experienced homelessness, prolonged extreme poverty, poor health, disabilities, mental illness and/or addiction can lead safe, stable lives in wellness. The sale is part of Freddie Macs Extended Timeline Pool Offering (EXPO ® ) and the transaction is expected to settle in January 2022. Freddie Mac, through its advisors, began marketing the transaction on September 16, 2021 to potential bidders, including non-profit organizations and Minority, Women, Disabled, LGBT, Veteran or Service-Disabled Veteran-Owned Businesses (MWDOBs), neighborhood advocacy organizations and private investors active in the NPL market.

The Federal Housing Finance Agency has put affordability at the top of its agenda in its annual to-do list for government-sponsored enterprises, Fannie Mae and Freddie Mac. In its 2022 Scorecard, the FHFA also called on Fannie and Freddie to update their pricing frameworks to boost support for “core mission borrowers”. The target is loan-level […] The post FHFA tells Fannie & Freddie to focus on housing affordability in 2022 appeared first on RealtyBizNews: Real Estate News .

Offering Continues Support for Multifamily Affordable Housing Projects Offering Continues Support for Multifamily Affordable Housing Projects

Prompted by a massive rise in home prices over the last year, Fannie Mae and Freddie Mac are reportedly planning to revise the maximum size of the mortgages theyre prepared to back next year. According to the Wall Street Journal, the government sponsored entities are willing to increase their loan limits to almost $1 million [] The post Fannie Mae & Freddie Mac to raise loan limits to almost $1 million in some areas appeared first on RealtyBizNews: Real Estate News .

MCLEAN, Va., Nov. 18, 2021 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS ® ), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.10 percent.

Home prices all over the country have seen stratospheric increases within the past year, as demand for homes spiked and inventory tanked.

Industrial rents and apartment sales are pushing CRE activity sharply higher.

MCLEAN, Va., Nov. 15, 2021 (GLOBE NEWSWIRE) -- Freddie Mac s Single-Family business today announced that its Credit Risk Transfer (CRT) program reported year-to-date CRT issuance of $14.5 billion, protecting $585.5 billion in unpaid principal balance of single-family mortgages. In the third quarter, CRT issuance of $4.6 billion provided credit protection on $166.6 billion of single-family mortgages. The issuances included STACR® (Structured Agency Credit Risk), ACIS® (Agency Credit Insurance Structure), subordination and certain lender risk sharing transactions .

One of the greatest trades Warren Buffett (Trades, Portfolio) ever made was his investment in Freddie Mac ( FMCC , Financial).

Both government-sponsored enterprises have increased the income cap to qualify for the programs, as well as loosened other restrictions.