The two mortgage giants are down sharply after some negative news.
‘We're going to not do anything that jeopardizes taxpayers and puts them at additional risk,' the Treasury Secretary told The Wall Street Journal in an exclusive interview.
Shares of Fannie Mae (FNMA) and Freddie Mac (FMCC) dropped nearly 25% on Tuesday following a report that Treasury Secretary Steven Mnuchin appears to have given up on the idea of obtaining a consent o
MCLEAN, Va., Dec. 11, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) announces the pricing of the SB81 offering, a multifamily mortgage-backed securitization backed by small balance loans underwri
MCLEAN, Va., Dec. 10, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released a white paper highlighting the vital role the Low-Income Housing Tax Credit (LIHTC) program serves in rural Pers

Mortgage Rates Remain Flat

10:00am, Thursday, 10'th Dec 2020
MCLEAN, Va., Dec. 10, 2020 (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) ave
MCLEAN, Va., Dec. 10, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are backed by underlying collate
U.S. Supreme Court justices on Wednesday questioned a bid by shareholders of Fannie Mae and Freddie Mac to pursue legal claims arising from the government's rescue of the mortgage finance firms follow
MCLEAN, Va., Dec. 09, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) has priced a new offering of Structured Pass-Through Certificates (K Certificates), which includes a class of floating rate bon
MCLEAN, Va., Dec. 08, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) recently closed its first Social Impact M-Deal backed by 27 mission-focused properties for low-income residents, many of whom a
The mortgage giants are stimulating the economy by keeping home loans flowing --- something the private sector didn't do during the 2008 financial crisis.
MCLEAN, Va., Dec. 07, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that its latest offering of Structured Pass-Through Certificates (K Certificates) will include classes of float
Fannie and Freddie's critics seem to incorrectly think that Fannie and Freddie need to raise money and exit conservatorship before inauguration or Biden will nationalize them. Fannie and Freddie's equ
MCLEAN, Va., Dec. 04, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are multifamily mortgage-backed
In an appearance on Capitol Hill this week, Treasury Secretary Steven Mnuchin emphasized that Fannie and Freddie should have ‘appropriate capital' before ending government control.
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