Highlights
A collection of news and information related to Freddie Mac published by this site and its partners.
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Women's group to host candidate debate
The League of Women Voters of Glendale/Burbank will host a debate between Rep. Adam Schiff (D-Burbank) and his challenger, Republican Phil Jennerjahn, at 7 p.m. Monday at Burbank City Hall, 275 E. Olive Ave. The two men are seeking to represent the...Tags: U.S. House Committee on Appropriations, U.S. Congress, Adam Schiff
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Short sales routinely show up in credit reports as foreclosures
WASHINGTON — Are large numbers of homeowners who have negotiated short sales with lenders at risk because of a startling omission in the American credit system? Do their credit reports and scores indicate that they were foreclosed upon, rather...
Tags: Real Estate, Fannie Mae, Mortgages, Financial and Business Services, Foreclosures
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Mortgage rates climb, 30-year loans now above 3.5 percent
Sun SentinelAverage interest rates on both 15- and 30-year fixed-rate mortgages increased for the second week in a row, with the 30-year jumping above 3.5 percent for first time in weeks, Freddie Mac said Thursday. Average 30-year, fixed-rate loans rose to 3.51...Tags: Mortgages
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Mortgage rates climb on strong economic reports
Tribune reporterMortgage rates passed the 3.5 percent mark this week, largely due to a strong report on consumer spending. Freddie Mac reported Thursday that the average interest rate on a 30-year fixed-rate mortgage was 3.51 percent this week, compared with 3.42...Tags: Finance, Mortgages, Financial and Business Services, Money and Monetary Policy, Economy, Business and Finance
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Freddie Mac: Mortgage rates rise; average 30-year loan at 3.51%
Mortgage rates rose this week, with a widely watched survey reporting that lenders were offering 30-year fixed-rate loans at an average of 3.51%, up from a near-record low of 3.35% two weeks ago. The survey, released Thursday by mortgage financier...Tags: Loans, Mortgages, Financial and Business Services, Credit Ratings
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Mortgage interest rates rise for first time in 6 weeks
Sun SentinelAverage interest rates on both 15- and 30-year fixed-rate mortgages increased this week after falling for five weeks in a row, Freddie Mac said Thursday. Average 30-year, fixed-rate loans jumped to 3.42 percent this week after dipping to 3.35 ...Tags: Finance, Mortgages, Money and Monetary Policy, Economy, Business and Finance
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Freshman senator with senior pluck takes on the financial industry
WASHINGTON — Sen. Elizabeth Warren, the newest member of the Senate Banking Committee, waited patiently for her first chance to question top financial regulators at a recent hearing on Capitol Hill. When her turn finally came after 90 minutes,...
Tags: Hillary Clinton, Fannie Mae, Parties and Movements, Financial and Business Services, Elections
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Lew says Fannie Mae payment helps delay debt limit until Labor Day
WASHINGTON -- A nearly $60-billion dividend payment to the government by taxpayer-owned Fannie Mae will help push off the effective date on which the U.S. would hit its debt limit until at least Labor Day, Treasury Secretary Jacob J. Lew said Friday....
Tags: Jack Lew, Fannie Mae, Labor Day, Parties and Movements, Holidays
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Fannie Mae to pay U.S. $59.4 billion after record quarterly profit
WASHINGTON -- Bailed-out housing finance giant Fannie Mae said Thursday it would pay the U.S. government $59.4 billion after posting a record profit for the first three months of the year. The fortunes of the company, which is 80% owned by taxpayers...
Tags: Finance, Fannie Mae, Federal Bailout Funds, Financial and Business Services, Economy, Business and Finance
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The truth about hard-money loans
Q: What is a "hard money" loan? A: Technically, it is a loan that is given in exchange for money, rather than to assist a consumer in buying a house. The latter would be called a "purchase money" mortgage. Hard-money lenders do not rely on the...Tags: Property, Homes, Fannie Mae, Credit and Debt, Mortgages
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Mortgage rates tick up, Freddie Mac says: 30-year fixed at 3.42%
Fixed mortgage rates have reversed course and ticked upward, with lenders offering 30-year home loans at an average of 3.42% compared with 3.35% last week, according to the latest Freddie Mac survey. The typical rate for a 15-year fixed mortgage rose...Tags: Loans, Mortgages, Labor Markets, Financial and Business Services
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Underwater borrowers getting more time to refinance
Local lenders say they hope a two-year extension of a government-sponsored refinancing program will encourage more participation from underwater homeowners in South Florida. The Home Affordable Refinance Program was set to expire at the end of 2013, but...Tags: Real Estate, Fort Lauderdale, Fannie Mae, Real Estate Sellers, Mortgages
Oct 13, 2012
|Story| Burbank Leader
May 17, 2013
|Story| Los Angeles Times
May 16, 2013
|Story| South Florida Sun-Sentinel
May 16, 2013
|Story| Chicago Tribune
May 16, 2013
|Story| Los Angeles Times
May 9, 2013
|Story| South Florida Sun-Sentinel
May 10, 2013
|Story| Los Angeles Times
May 10, 2013
|Story| Los Angeles Times
May 9, 2013
|Story| Los Angeles Times
May 10, 2013
|Story| Chicago Tribune
May 9, 2013
|Story| Los Angeles Times
Apr 29, 2013
|Story| South Florida Sun-Sentinel
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