Mortgage rates rose slightly this week, although the average rate on 30-year fixed-rate mortgages remained under 5% for the third consecutive...
Democrats on the House Financial Services Committee Wednesday agreed to alter a provision in a derivatives bill to ensure that major companies...
Fannie Mae (FNM) and Freddie Mac (FRE) remain vulnerable to mounting home mortgage delinquencies as well as the troubled multifamily market, the...
Mortgage rates fell further this week, with the average rate on 30-year fixed-rate mortgages retreating deeper below 5% and several others...
The U.S. budget deficit for fiscal year 2009 was $1.4 trillion, the highest deficit as a share of the nation's economy in over a half-century...
Fannie Mae (FNM) announced a two-year benchmark issue on Wednesday, after a six-month gap in issuance in this duration. Also, as these benchmark...
Mortgage rates fell this week, with the average rate on 30-year fixed-rate mortgages falling below 5% to a four-month low, according to Freddie...
U.S. Federal Reserve Chairman Ben Bernanke said Thursday the future of Fannie Mae (FRE) and Freddie Mac (FRE) should be addressed in the near...
Freddie Mac (FRE) announced a $1 billion commercial mortgage bond deal backed by multifamily loans to be sold Oct. 7. This follows the previous...
Freddie Mac (FRE) said Friday that delinquencies in its mortgage portfolio continued to rise last month, putting further pressure on the mortgage...
New Freddie Mac (FRE) Chief Financial Officer Ross Kari got a $2 million sign-on award to compensate him for potential incentive pay he forfeited...
Mortgage rates held the line this week, remaining at three-month lows, with the average rate on 30-year, fixed-rate mortgages remaining just above...
The U.S. Federal Reserve has started talks with bond dealers about the use of reverse repurchase agreements to drain some of the $1 trillion of...
Freddie Mac (FRE) named veteran finance executive Ross J. Kari as its chief financial officer, completing recently appointed Chief Executive...
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