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Why Fannie Mae and Freddie Mac Soared Today

04:15pm, Wednesday, 18'th Jan 2023
The federally controlled mortgage giants got a boost from improving homebuilder sentiment – albeit off a low base.
"The housing market remains in the doldrums with declining sales, inventory and prices," Sam Khater, chief economist at Freddie Mac, said.
With US home prices climbing by more than 12% in the year through September, so too can the size of your mortgage.
Mortgage giants Fannie Mae and Freddie Mac will raise the limits of government-backed loans to a record level for 2023, with the maximum loan limit hitting more than $1 million for high-cost areas, th
MCLEAN, Va., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB:FMCC) announced today that it plans to report its third quarter 2022 financial results before the U.S. financial markets open on Tuesd
"The dynamics of a once-hot housing market have faded considerably," Freddie Mac said even as it reported mortgage rates have dipped below 7%.
The Federal Housing Finance Agency will require lenders that use credit scores for mortgage underwriting to use scores from both Fair Isaac Corp., the creator of FICO credit scores, and its competitor
Freddie Mac (OTCMKTS:FMCC) reported the 30-year fixed-rate mortgage averaged 6.70% as of Sept.
The 5-year fixed-rate mortgage averaged 5.44%up from last week when it averaged 5.21%.
Special situation securities can sometimes succeed even when the overall market is unruly. From the standpoint of market valuation, the Freddie Mac and Fannie Mae (F&F) preferred stocks are highly d
Fannie Mae (FNMAS) (FNMA) builds capital to exit the conservatorship. Inertia works for the company as the balance sheet ramps up. Needs $113b, retained $57b. Let's fill the gap. The Govt. owns 80% of
After eye-popping growth in 2021, I assumed growth in 2022 would be modest. I was wrong.
“Purchase demand continues to tumble," according to Freddie Mac chief economist Sam Khater.
"We are seeing a period of deflated sales activity until the market normalizes," Freddie Mac's chief economist said.
MCLEAN, Va., July 25, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB:FMCC) announced today that it plans to report its second quarter 2022 financial results before the U.S. financial markets open on Thur
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