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  • Ahead of the Bell: US home sales Tuesday, 22 Jul 2014 | 6:37 AM ET

    WASHINGTON— The National Association of Realtors reports on existing home sales in June. Mortgage rates have come down this year, with 30- year mortgages standing at 4.12 percent last week, according to the Freddie Mac survey.

  • Average US mortgage rates dip slightly Thursday, 17 Jul 2014 | 10:48 AM ET

    Mortgage company Freddie Mac reported Thursday that the nationwide average for a 30- year loan dipped to 4.13 percent, down from 4.15 percent last week. Fed Chair Janet Yellen told Congress this week that the purchases will likely end altogether at the end of October.

  • WASHINGTON, July 17- U.S. housing finance companies Fannie Mae and Freddie Mac are making riskier deals as they increasingly purchase mortgages from smaller lenders, a federal watchdog said on Thursday.

  • June 27- Debt in some of Puerto Rico's biggest public corporations slumped in heavy trade on Friday after a new law allowing them to restructure their debt sparked ratings downgrades and fears of imminent default.

  • June 19- Royal Bank of Scotland Group Plc agreed on Thursday to pay $99.5 million to resolve a U.S. regulator's claims against the bank over Freddie Mac's purchase between 2005 and 2007 of mortgage-backed securities that later went sour.

  • RBS to pay $99.5 mln, settle some FHFA mortgage claims Thursday, 19 Jun 2014 | 4:47 PM ET

    June 19- Royal Bank of Scotland Group Plc agreed on Thursday to pay $99.5 million to resolve a U.S. regulator's claims against the bank in litigation contending that Freddie Mac bought mortgage-backed securities that later went sour.

  • WASHINGTON, June 17- President Barack Obama's nominee to lead the Department of Housing and Urban Development, Julian Castro, urged lawmakers on Tuesday to move forward with efforts to shutter Fannie Mae and Freddie Mac, saying the current housing finance system is not serving Americans well.

  • WASHINGTON, June 13- A senior U.S. Treasury official on Friday rejected proposals to recapitalize Fannie Mae and Freddie Mac, saying it would take at least 20 years to make sure they were adequately funded and that in the meantime taxpayers would be on the hook.

  • NEW YORK, June 3- Activist investor Carl Icahn acquired about $51 million in the common shares of mortgage financiers Fannie Mae and Freddie Mac from mutual fund manager Fairholme Funds Inc in March, a court filing showed on Tuesday.

  • NEW YORK, June 3- Activist investor Carl Icahn acquired 6.8 million common shares of Fannie Mae and 5.7 million common shares of Freddie Mac from Fairholme Funds, a court filing showed Tuesday. As of March 31, Fairholme owned a 1.65 percent stake in Fannie Mae and a 2.64 percent stake in Freddie Mac, according to Thomson Reuters data.

  • BOSTON, June 2- Massachusetts on Monday filed a lawsuit against mortgage finance giants Fannie Mae and Freddie Mac, accusing them of violating state law by blocking "foreclosure buyback programs" intended to help poor residents keep their homes.

  • Lesser role for Fannie, Freddie not opposed: Regulator Sunday, 18 May 2014 | 12:40 PM ET

    The regulator of government-controlled mortgage finance firms Fannie Mae and Freddie Mac said on Sunday he would not oppose them having a smaller presence in the market

  • WASHINGTON, May 15- A Senate panel on Thursday approved legislation to wind down Fannie Mae and Freddie Mac and redesign the U.S. mortgage finance system, but sparse support among Democrats means the measure is unlikely to make it into law.

  • WASHINGTON, May 15- A Senate panel on Thursday approved legislation to wind down Fannie Mae and Freddie Mac and redesign the U.S. mortgage finance system, but sparse support among Democrats means the measure is unlikely to make it into law.

  • Sallie Mae settles overcharging claims for $60 mln Wednesday, 14 May 2014 | 9:28 AM ET
    U.S. Department of Justice, Washington, D.C.

    Sallie Mae has reached a $60 million settlement with the government to resolve allegations that it overcharged military service members.

  • On Tuesday, the regulator of government-controlled Fannie Mae and Freddie Mac announced a pilot program that will begin in coming weeks in Detroit to keep families in their current homes through loan modifications, match distressed properties with non-profit organizations for resales and assist in building demolition.

  • *Cisco falls 1 percent, weighs on the Nasdaq. Homebuilders' shares gained and the common stock of mortgage finance giants Fannie Mae and Freddie Mac jumped as Federal Housing Finance Agency Director Mel Watt laid out new policies that could make it easier for many Americans to obtain mortgages.

  • WASHINGTON, May 13- The regulator of Fannie Mae and Freddie Mac on Tuesday laid out new policies that could make it easier for many Americans to obtain mortgages, in part by holding off on any reduction in the size of mortgages the two firms can buy.

  • WASHINGTON, May 13- The regulator of Fannie Mae and Freddie Mac on Tuesday laid out new policies that could make it easier for many Americans to obtain mortgages, in part by holding off on any reduction in the size of mortgages the two firms can buy.

  • U.S. Senate panel sets Thursday vote on housing bill Monday, 12 May 2014 | 4:33 PM ET

    WASHINGTON, May 12- The Senate Banking Committee plans to vote on a U.S. housing finance reform bill on Thursday in what could be the last effort this year to move forward with legislation to wind down mortgage firms Fannie Mae and Freddie Mac. Tim Johnson, the Democrat who chairs the committee, and the panel's top Republican, Sen.