Freddie Mac

News

1. US Mortgage Rates Decline to Near Record Lows

   Thu, 27 Dec 2012

   refinance their loans. Mortgage buyer Freddie Mac says the average rate on a 30-year averaged 3.66 percent this year, Freddie Mac said, the lowest annual average Frank Nothaft, chief economist at Freddie Mac , said the average 30-year rate
2. Tax Refunds May Be Delayed By Cliff Wrangling

   Thu, 20 Dec 2012

   regulators say illegal manipulation of the global LIBOR rate led to heavy losses at government controlled Fannie Mae and Freddie Mac . Regulators recommended suing banks that were involved. Yesterday, UBS agreed to pay $1.5 billion in fines for
3. 
   There's Another Fiscal Cliff...and We're Heading Right for It

   Sun, 9 Dec 2012

   would be to revise Senate rules to enable rapid confirmation of a new director for the agency overseeing Fannie Mae and Freddie Mac --- one who will not oppose efforts to reduce principal balances on underwater loans, as acting director Edward DeMarco
4. 
   ANALYSIS: Promises Kept, Promises Broken

   Tue, 27 Nov 2012

   Capito has a long record of support of bailouts, pork, and bigger government. She voted to bail out Fannie Mae and Freddie Mac , for massive expansions of government-run health insurance, giveaways to big labor, and repeatedly voted to continue
5. 
   Promises Kept, Promises Broken (The Note)

   Tue, 27 Nov 2012

   Capito has a long record of support of bailouts, pork, and bigger government. She voted to bail out Fannie Mae and Freddie Mac , for massive expansions of government-run health insurance, giveaways to big labor, and repeatedly voted to continue
6. Mortgage Rates Drop to Record Low Again

   Wed, 21 Nov 2012

   was 3.98 percent, according to Freddie Mac . The 15-year fixed-rate mortgage percent a year ago at this time. Freddie Mac supports one in four home buyers recovery," said Frank Nothaft, Freddie Mac 's vice president and chief economist
7. Housing Starts Surged 3.6 Pct in October

   Tue, 20 Nov 2012

   increase in demand. That's good for construction." One reason for the improved starts is record-low mortgage rates. Freddie Mac said last week the rate on a 30-year loan dropped to 3.34 percent. That's down from the previous record low of

Videos

1. 
   Freddie Mac Investments Under Scrutiny

   Mon, 30 Jan 2012

   Jim model has the story. When Freddie Mac nearly went bankrupt American taxpayers average save 500 dollars a month but Freddie Mac . The government run mortgage giant them angry because it turns out Freddie Mac is making money from homeowners

   Freddie Mac found at 0:20, 1:40

   When Freddie Mac nearly went bankrupt American taxpayers bailed them out. But when -- and Bonnie Silverstein. Like many American -- asked to refinance their Bob market 7% interest rate on their Philadelphia home the answer was no that's put us in financial jail if they could reduce that rate to 4% of the current average -- save 500 dollars a month but Freddie Mac . The government run mortgage giant that supposed to make it easier to own -- home. Won't let them -- finance it just. Flies in the face of common sense and it makes them angry because it turns out Freddie Mac is making money from homeowners like the Silverstein its. By keeping them stuck in higher interest loans. A joint investigation by national public radio and pro public -- found at Freddie Mac has invested billions of its own money. In securities that will lose money if homeowners are allowed to lower their interest rates when homeowner refinances Freddie Mac now -- legal but critics call it a clear conflict of interest.

   Freddie Mac says there's a wall between the people investing -- money. And the people making credit decisions. And while they won't comment on the alleged conflict the company points out. That refinancing. Makes up 80% of its business the silver stings are among the 20% still paying the higher rate though. And making Freddie Mac more money. Jim Avila ABC news New York.
2. 
   Gingrich Took Money From Freddie Mac ?

   Wed, 16 Nov 2011

   taking money from housing giant Freddie Mac which ended up requiring billions Government backed mortgage company Freddie Mac was at the center of the financial leading up to the financial crisis. Freddie Mac paid Newt Gingrich nearly two million

   Freddie Mac found at 0:12, 0:21, 0:32

   the pack. -- had to answer for taking money from housing giant Freddie Mac which ended up requiring billions in taxpayer bailout. Here's ABC's Jon Karl.

   Government backed mortgage company Freddie Mac was at the center of the financial crisis receiving more bailout money by far in.

   Freddie Mac paid Newt Gingrich nearly two million dollars pleaded no lobbying of any time period. -- offers advice as an historian.
3. 
   Fannie Mae, Freddie Mac Execs Accused of Fraud

   Fri, 16 Dec 2011

   mortgage bosses from Fannie Mae and Freddie Mac stand accused of civil fraud by mortgage giants Fannie Mae and Freddie Mac were sued by the SEC. Accused Fannie Mae. Investigation into Freddie Mac is over no criminal charges ever

   Freddie Mac found at 0:20, 0:57, 2:17

   tonight. Five men one woman millionaire mortgage bosses from Fannie Mae and Freddie Mac stand accused of civil fraud by the US government. ABC's Cecilia Vega tells us why investigators named them first of what took

   until today. These six former executives at mortgage giants Fannie Mae and Freddie Mac were sued by the SEC. Accused of misstatements and half truths hiding just how many of those risky sub prime mortgages they were holding. In some cases by hundreds of billions of dollars. When the house of cards collapsed the pain rippled through the economy. Millions lost their homes and taxpayers had to come up with a 160 billion dollars to bail out Fannie and Freddie . Many families lost at all. I was collecting unemployment the unemployment just wasn't an office in just one year Daniel Mudd earned nearly eleven million dollars -- CEO of Fannie and Richard Syron earned more than eighteen million and CEO of Freddie . They put out statements today denying the charges the SEC's theory and approach are fatally flawed siren wrote. The six executives could

   And Fannie and Freddie themselves are also off the hook the SEC agreed today it will not -- the mortgage giants. As for those criminal charges the Justice Department says it is still investigating Fannie Mae. Investigation into Freddie Mac is over no criminal charges ever filed.
4. 
   Will Freddie Mac Contract Hurt Newt Gingrich?

   Thu, 17 Nov 2011

   where is today but but but how damaging could this of scrutiny of his business interest be. He described his work for Freddie Mac classic of course is the failed mortgage giant that so many conservatives As and storing things and historian for them

   Freddie Mac found at 0:33

   of scrutiny of his business interest be. He described his work for Freddie Mac classic of course is the failed mortgage giant that so many conservatives -- As and storing things and historian for them and
5. 
   Fannie May and Freddie Mac Get Some Help

   Mon, 14 Jul 2008

   Paulson announced plans Sunday to bolster Fannie Mae and Freddie Mac which either hold or back about half the outstanding mortgages in the United States. Fannie Mae and Freddie Mac . Play a central role in our housing finance system and

   Freddie Mac found at 0:08, 0:14

   Treasury Secretary Henry Paulson announced plans Sunday to bolster Fannie Mae and Freddie Mac which either hold or back about half the outstanding mortgages in the United States.

   Fannie Mae and Freddie Mac . Play a central role in our housing finance system and must continue to do so in their current form and shareholder owned
6. 
   Newt Gingich's Comeback Raises New Questions

   Thu, 17 Nov 2011

   received from failed mortgage company Freddie Mac None but won't Gingrich appears favorable toward Fannie Freddie . Freddie Mac meet so many risky loans during lobbyists is close to admit that. That Freddie Mac . Now it turns out that for eight

   Freddie Mac found at 0:38, 1:05, 1:34

   say when asked about the money he received from failed mortgage company Freddie Mac -- None but won't Gingrich appears -- interest in discussing his role his opponents aren't. Michelle Bachmann lashed out yesterday accusing Gingrich

   Freddie Mac meet so many risky loans during the real estate bubble. That it needed a taxpayer bailout in 2008 a 54 billion dollars.

   and look at the lobbyists is close to admit that. That Freddie Mac .
7. 
   Weak Foundation

   Sat, 12 Jul 2008

   mortgage giants Fannie Mae and Freddie Mac and how will it affect Wall Street it. Most often to Fannie Mae or Freddie Mac . If Fannie and Freddie were to it happen. Both Fannie Mae and Freddie Mac plays such a vital role in the

   Freddie Mac found at 0:10, 1:51, 2:11

   in response to the troubled state. A mortgage giants Fannie Mae and Freddie Mac and how will it affect Wall Street how would affect main street. ABC's Betsy Stark is here with me now. With more good morning that's good morning Kate we know in financial circles they're known simply as Fannie and Freddie and as one analyst said to me it's impossible to overstate their impact on the US housing market and take a look at the beating they took. For the day Fannie Mae down 22%. For the week -- down 45%. Freddie down 46%. And for the year -- both down around 85%. Ouch these two giants don't actually make loans but they own

   Even if you haven't heard of Fannie and Freddie there's a good chance if you're a homeowner failure loan. Here's how it works after a bank gives you a mortgage it often packages it with other mortgages and sells it. Most often to Fannie Mae or Freddie Mac . If Fannie and Freddie were to fail. Analysts say mortgage rates would solve our mortgage lending would grind to a halt. And borrowers of all kinds

   Both Fannie Mae and Freddie Mac plays such a vital role in the mortgage market that they are essentially too big to fail.