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Federal Home Loan Mortgage Corp

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  • WASHINGTON, Aug 29- The regulator for U.S. housing finance giants Fannie Mae and Freddie Mac.

  • Business events scheduled for the coming month Friday, 29 Aug 2014 | 12:39 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • Business events scheduled for the coming week Friday, 29 Aug 2014 | 12:15 PM ET

    WASHINGTON— Institute for Supply Management releases its manufacturing index for August, 10 a.m.; Commerce Department releases construction spending for July, 10 a.m.. WASHINGTON— Commerce Department releases factory orders for July, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m..

  • WASHINGTON, Aug 29- The regulator for U.S. housing finance giants Fannie Mae and Freddie Mac said on Friday it wants the two firms to provide more support to low-income Americans taking out mortgages and refinancing their loans. The Federal Housing Finance Agency said the proposed increase was part of its goals for housing finance between 2015 and 2017..

  • NEW YORK, Aug 28- Bank of America Corp on Thursday asked a federal judge to throw out a jury verdict finding it liable for fraud over defective mortgages sold by its Countrywide unit that resulted in a $1.27 billion penalty.

  • NEW YORK, Aug 28- A U.S. regulator can proceed with lawsuits accusing HSBC Holdings Plc and Nomura Holdings Inc of misleading Fannie Mae and Freddie Mac into buying mortgage-backed securities that later turned toxic, a federal judge ruled on Thursday.

  • Average US 30-year mortgage rate at 4.1 percent Thursday, 28 Aug 2014 | 12:31 PM ET

    Mortgage company Freddie Mac also said Thursday that the average for a 15- year mortgage, a popular choice for people who are refinancing, rose to 3.25 percent from 3.23 percent. The National Association of Realtors said its seasonally adjusted pending home sales index rose 3.3 percent to 105.9 last month.

  • Sales of US new homes fall in July Monday, 25 Aug 2014 | 10:04 AM ET

    WASHINGTON— Fewer Americans bought new homes in July, evidence that the housing sector is struggling to gain traction more than five years into the economic recovery.

  • Ahead of the Bell: US new-home sales Monday, 25 Aug 2014 | 6:23 AM ET

    WASHINGTON— The Commerce Department reports on sales of new homes in July. The report will be released Monday at 10 a.m. Eastern. Sales of existing homes rose 2.4 percent in July to a seasonally adjusted annual rate of 5.15 million, the National Association of Realtors reported last week.

  • Aug 22- Goldman Sachs Group Inc has agreed to a settlement worth $1.2 billion to resolve a U.S. regulator's claims the bank sold Fannie Mae and Freddie Mac faulty mortgage bonds, the regulator announced Friday.

  • Goldman in deal worth $1.2B over US bond claims Friday, 22 Aug 2014 | 5:55 PM ET

    WASHINGTON— Goldman Sachs has agreed to a settlement worth $1.2 billion to resolve claims that it misled U.S. mortgage giants Fannie Mae and Freddie Mac about risky mortgage securities it sold them before the housing market collapsed in 2007.. New York- based Goldman Sachs sold the securities to the companies between 2005 and 2007..

  • Goldman Sachs to resolve FHFA claims for $3.15 bln Friday, 22 Aug 2014 | 5:37 PM ET

    Goldman said it would repurchase the securities sold to Fannie Mae and Freddie Mac over the 2005-2007 period.

  • Aug 22- Goldman Sachs Group Inc could pay about $1.1 billion to settle claims from the U.S. housing finance regulator that it sold bad mortgage-backed securities, the Financial Times reported.

  • Business Highlights Thursday, 21 Aug 2014 | 6:01 PM ET

    Bank of America settlement likely to benefit few. WASHINGTON— Bank of America's record $16.65 billion settlement for its role in selling shoddy mortgage bonds— $7 billion of it geared for consumer relief— offers a glint of hope for desperate homeowners. NEW YORK— To win the hearts of frequent business travelers, United Airlines is going through their stomachs.

  • 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.

  • US housing recovery appears to be back on track Thursday, 21 Aug 2014 | 10:01 AM ET

    WASHINGTON— A fourth straight monthly increase in sales of existing homes provided the latest evidence Thursday that the U.S. housing market is rebounding from a weak start to the year.

  • WASHINGTON, Aug 21- Bank of America Corp has reached a $16.65 billion settlement with U.S. regulators to settle charges that it misled investors into buying troubled mortgage-backed securities. Bank of America said the accord is expected to reduce third-quarter earnings by about $5.3 billion before taxes, or about 43 cents per share after taxes.

  • Ahead of the Bell: US home sales Thursday, 21 Aug 2014 | 8:23 AM ET

    WASHINGTON— The National Association of Realtors reports on sales of existing homes in July. The report is scheduled to be released at 10 a.m. Eastern on Thursday. Federal Reserve Chair Janet Yellen recently told Congress that housing has proven to be disappointing this year.

  • Analysis: Congress can still do deals when it must Monday, 18 Aug 2014 | 1:04 PM ET

    WASHINGTON— Washington may be a sea of dysfunction, but the current Congress is offering a few reminders about how a bill becomes a law: compromise. However, when it came to improving veterans' health care, overhauling job training programs, authorizing water projects and "unlocking" cellphones for use in other networks, Congress managed to get the job done.

  • 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.