The combined second quarter 2015 earnings of Fannie Mae and Freddie Mac increased $2.4 billion from the first quarter to a total of $8.8 billion, according to the Quarterly Performance Report of the Housing GSEs from the Federal Housing Finance Agency.
Read More »Is Student Loan Debt Affecting Millennial Homeownership Rates?
While student loan debt does play a role in the low homeownership rates among millennials, it does not fully explain why this generation is slow to purchase a home, according to Freddie Mac's monthly Insight & Outlook for September released Wednesday.
Read More »Action Plan Seeks to Reform Fannie Mae & Freddie Mac
The Community Home Lenders Association released a housing finance Action Plan Monday that outlines Fannie Mae and Freddie Mac reform steps, preserves a government guarantee, and protects taxpayers.
Read More »Mortgage Rates Lower Following Fed’s Hike Deferment
Mortgage rates lowered to 3.86 percent for the week ending September 24, 2015 after the Federal Reserve decided to keep interest rates near zero last week.
Read More »Collingwood Group Hires Former Freddie Mac Executive
The Collingwood Group, a Washington, D.C.-based business advisory firm, announced that Paul Mullings has joined the company as a managing director supporting the firm in business advisory and risk management and compliance practices.
Read More »Housing Markets Continue to Show Stability
As more consumers catch up on their mortgage payments, employment progresses, and home prices rebound, the housing market continues to improve and exhibit more stability.
Read More »Freddie Mac’s First-Time Homebuyer Numbers Continue to Rise in 2015
The number of first-time homebuyers is growing steadily in the housing market as mortgage rates remain low, labor conditions improve, and lending loosens up.
Read More »Mortgage Rates Hold Steady Amid Mixed Jobs Report
In the midst of last week’s mixed job’s report and the upcoming Federal Open Market Committee meeting next week, mortgage rates remained largely unchanged for the week ending September 10, 2015.
Read More »Fannie Mae & Freddie Mac to Recapitalize under Newly Drafted Legislation
As Fannie Mae and Freddie Mac celebrate their seven-year anniversary of conservatorship, new legislation is being drafted in the U.S. House that will allow them to establish more capital and prevent another taxpayer-sponsored bailout.
Read More »Fannie Mae & Freddie Mac RMBS Upgraded by Moody’s
Moody's Investors Service on Thursday announced the upgrading of 11 tranches from 3 transactions backed by conforming balance residential mortgage-backed securities issued by Fannie Mae and Freddie Mac totaling about $1 billion.
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