Federal Home Loan Mortgage Corp


  • WASHINGTON, Nov 25- Americans who lost their homes to foreclosure will be able to buy them back at current market value if the properties are owned by housing finance giants Fannie Mae and Freddie Mac, the regulator of the two firms said on Tuesday. The FHFA said the new rule applies to about 121,000 properties currently owned by Fannie Mae and Freddie Mac, which...

  • WASHINGTON, Nov 19- The top U.S. housing finance regulator said on Wednesday his agency would unveil a new framework in early 2015 for how government-controlled Fannie Mae and Freddie Mac will set mortgage guarantee fees. Watt also said Fannie Mae and Freddie Mac, which guarantee most of the nation's mortgages, will release in early December details of the extra...

  • Nov 6- Government-controlled mortgage finance firms Fannie Mae and Freddie Mac said on Thursday they will pay U.S. taxpayers $6.8 billion after reporting a third-quarter profits that modestly rose from the second quarter. Fannie Mae, the bigger of the two and the nation's largest source of mortgage funds, earned a net income of $3.9 billion in the third quarter,...

  • Nov 6- Fannie Mae and Freddie Mac said on Thursday that they would pay dividends totaling $6.8 billion to the U.S. Treasury next month, pushing taxpayers further into the black on their bailout of the mortgage financiers. After the payments, the companies will have sent a combined $225.5 billion in dividends to the Treasury in return for the $187.5 billion in...

  • Nov 6- Government-controlled mortgage finance firm Fannie Mae said on Thursday it will pay U.S. taxpayers $4.0 billion after reporting a quarterly profit that modestly rose from the second quarter. Fannie Mae does not lend money directly, nor does rival financing firm Freddie Mac. Fannie Mae's dividend to the U.S.

  • William Ackman's Pershing Square Capital Management, which has not yet finalized monthly numbers, was off 0.60 percent for the month through Oct. 28, leaving it up 30.9 percent for the year, an investor in the private fund said. "As a group hedge funds performed very poorly in October," said Adam Blitz, chief investment officer at Evanston Capital which invests...

  • NEW YORK, Oct 29- U.S. mortgage applications to buy homes fell to their lowest level last week since February as interest rates on 30- year home loans edged up from the previous week's 16- month trough, an industry group said on Wednesday. The Mortgage Bankers Association said its seasonally adjusted index of loan requests for home purchases, a leading indicator...

  • NEW YORK, Oct 24- Fannie Mae has reached a $170 million settlement of a lawsuit accusing it of misleading shareholders about its finances, risk management and mortgage exposure before it was seized by the U.S. government during the 2008 financial crisis. Fannie Mae and the smaller Freddie Mac were seized by the federal government on Sept. 7, 2008 and put into a...

  • Getting a mortgage easier than you think: Survey Monday, 15 Sep 2014 | 9:54 AM ET

    Getting a mortgage in the U.S. may be easier than many borrowers think, according to a survey released Monday by Wells Fargo.

  • 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.

  • 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.

  • Midday movers: Amazon.com, Ford Motor, URS & More Friday, 11 Jul 2014 | 1:04 PM ET
    NYSE EuroNext flag hangs outside the NYSE.

    Some of Friday's midday movers:

  • Kudlow: What I like & don't like about David Brat Wednesday, 11 Jun 2014 | 4:55 PM ET
    Dave Brat speaks to supporters after defeating Republican Congressman Eric Cantor in Tuesday's Republican primary for the 7th Congressional District in Virginia, Tuesday, June 10, 2014.

    In some ways, David Brat is Larry Kudlow's kinda guy. But, not in all ways. Here's Larry's take on the guy who upset Eric Cantor in the GOP primary.

  • Bank regulators have gone too far: Dick Bove Thursday, 5 Jun 2014 | 2:43 PM ET
    Richard Bove

    There is something seriously wrong with bank regulation and litigation in the US today, says bank analyst Dick Bove.

  • Midday Movers: GM, Fannie Mae, Apple & more Tuesday, 3 Jun 2014 | 12:28 PM ET
    Traders work the floor of the New York Stock Exchange.

    Take a look at some of Tuesday's midday movers:

  • 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.

  • Time to fully privatize mortgage-finance system Thursday, 15 May 2014 | 8:00 AM ET

    A fully private mortgage-finance system is the best way to fairly price mortgage-credit risks, says NYU Stern professor Lawrence White.

  • Senate panel to vote on Fannie, Freddie bill Tuesday, 6 May 2014 | 4:00 PM ET
    enate Banking, Housing and Urban Affairs Committee Chairman Sen. Tim Johnson (D-SD) (L) with ranking member Sen. Mike Crapo (R-ID).

    The vote had been delayed in order to build support for the plan that would wind down taxpayer-owned mortgage financiers Fannie Mae and Freddie Mac.

  • Dick Bove: The new rulers of the financial system Tuesday, 29 Apr 2014 | 8:33 AM ET
    Richard Bove

    Regulations on big banks have created a vacuum into which alert entrepreneurs have established commanding positions, says bank analyst Dick Bove.

  • Housing reform imminent? Don't hold your breath Friday, 25 Apr 2014 | 1:22 PM ET
    Freddie Mac headquarters in McLean, Va.

    The current housing finance system is likely to be with us until after the 2014 midterm elections and probably well beyond.