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  • Average US 30-year mortgage rate at 4.10 pct Thursday, 21 Aug 2014 | 12:09 PM ET

    WASHINGTON— Average long-term U.S. mortgage rates declined this week, with the 30- year loan rate hitting its 52- week low. Mortgage company Freddie Mac said Thursday the nationwide average for a 30- year mortgage fell to 4.10 percent from 4.12 percent last week.

  • Ackman files another suit against government Saturday, 16 Aug 2014 | 1:06 PM ET
    Bill Ackman

    In the complaint, Pershing Square alleged that Treasury illegally seized tens of billions of dollars in Fannie and Freddie profits.

  • Ackman files second lawsuit against U.S. government Friday, 15 Aug 2014 | 9:40 PM ET

    Aug 16- Activist Bill Ackman's Pershing Square Capital Management LP filed its second lawsuit in two days against the U.S. government over bailout of Fannie Mae and Freddie Mac, court documents show.

  • Aug 14- Pershing Square Capital Management LP, the hedge fund firm run by William Ackman, has sued the U.S. government, claiming that its stripping of Fannie Mae's and Freddie Mac's profit illegally short changes investors in the mortgage companies' common stock.

  • Average US 30-year mortgage rate at 4.12 percent Thursday, 14 Aug 2014 | 10:12 AM ET

    WASHINGTON— Average long-term U.S. mortgage rates declined this week, approaching their lows for the year. Mortgage company Freddie Mac said Thursday the nationwide average for a 30- year loan slipped to 4.12 percent from 4.14 percent last week.

  • Business events scheduled for Thursday Wednesday, 13 Aug 2014 | 1:43 PM ET

    WASHINGTON— Labor Department releases weekly jobless claims, 8:30 a.m.. WASHINGTON— Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m.. BERLIN— Germany's Federal Statistical Office releases second-quarter economic growth figure.

  • *Fannie Mae, Freddie Mac to give U.S. WASHINGTON, Aug 7- Government-controlled mortgage finance firms Fannie Mae and Freddie Mac made enough money in the second quarter to give taxpayers $5.6 billion in dividends, a sign they can turn substantial profits even in a lackluster housing market.

  • WASHINGTON, Aug 7- Government-controlled mortgage finance firms Fannie Mae and Freddie Mac said on Thursday they will pay U.S. taxpayers a combined $5.6 billion in dividends after another profitable quarter.

  • Aug 7- Fannie Mae and Freddie Mac said on Thursday they would pay dividends totaling $5.6 billion to the U.S. Treasury next month, pushing taxpayers further into the black on their bailout of the mortgage finance firms.

  • WASHINGTON, Aug 7- Government-controlled mortgage finance firm Freddie Mac said on Thursday it will pay U.S. taxpayers $1.9 billion after posting an eleventh straight quarterly profit.

  • Goldman mortgage deal could reach $1.25B: Source Saturday, 26 Jul 2014 | 1:59 PM ET

    The FHFA filed 18 lawsuits against Goldman and other banks in 2011 over about $200 billion in mortgage-backed securities that later went sour.

  • NEW YORK, July 26- A deal to resolve a U.S. regulator's claims against Goldman Sachs Group Inc over mortgage-backed securities sold to Fannie Mae and Freddie Mac leading up to the financial crisis could cost the bank between $800 million and $1.25 billion, according to a person familiar with the matter.

  • NEW YORK, July 23- A federal judge on Wednesday said banks faced an uphill battle in convincing her to dismiss a U.S. regulator's claims that they misled Fannie Mae and Freddie Mac into buying mortgage-backed securities that later went sour.

  • 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.