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Federal Home Loan Mortgage Corp

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  • July 3- SunTrust Banks Inc, a large U.S. southeast regional bank, will pay as much as $320 million to resolve a criminal probe into its mortgage unit's mismanagement of a federal program designed to help struggling homeowners avoid foreclosure during the recession.

  • NEW YORK, July 1- HSBC Holdings Plc agreed to pay $10 million to settle U.S. government charges that it defrauded taxpayers by submitting inflated bills to process residential foreclosures.

  • NEW YORK, July 1- HSBC Holdings Plc has agreed to pay $10 million to settle U.S. civil fraud claims over foreclosure-related charges it submitted to the government, federal prosecutors said on Tuesday.

  • WASHINGTON, June 26- The Obama administration said on Thursday it would tap Treasury funds to bolster the construction of affordable rental housing and extend the life of a program aimed at helping homeowners avoid foreclosure.

  • WASHINGTON, June 26- The Obama administration on Thursday said it would tap Treasury funds to bolster the construction of affordable rental housing and extend the life of a program aimed at helping struggling homeowners avoid foreclosure.

  • WASHINGTON, June 25- A U.S. Senate panel on Wednesday approved San Antonio Mayor Julian Castro to lead the Department of Housing and Urban Development, clearing the way for a final vote in the full Senate.

  • WASHINGTON, June 25- A U.S. Senate panel on Wednesday approved San Antonio Mayor Julian Castro to lead the Department of Housing and Urban Development, clearing the way for a final vote in the full Senate.

  • 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.

  • WASHINGTON, June 11- The sudden primary defeat of U.S. House of Representatives Majority Leader Eric Cantor not only paves the way for a new party leader- it could also open the door for a new chairman of the House Financial Services Committee.

  • 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.

  • Fannie Mae, Freddie Mac hit with lawsuit Monday, 2 Jun 2014 | 3:23 PM ET

    The Massachusetts attorney general has sued Fannie Mae and Freddie Mac over alleged refusal to engage in foreclosure buyback programs.

  • 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.

  • PNC Financial Services Group Inc, PHH Corp, MetLife Inc, Santander Holdings USA Inc and Citizens Financial Group Inc, the U.S. unit of Royal Bank of Scotland, have all disclosed in filings with the Securities and Exchange Commission that they've received subpoenas.

  • WASHINGTON, May 23- Sales of new U.S. single-family homes rose in April and the stock of houses on the market hit a 3-1/ 2 year high, but economists said the market was still not clearly gaining steam.

  • WASHINGTON, May 23- Sales of new U.S. single-family homes rose more than expected in April and the stock of houses on the market hit a 3-1/ 2 year-high, further signs the sputtering housing recovery was poised to regain steam.

  • 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