Freddie Mac

News

1. US Rate on 30-Year Mortgage Slips to 3.40 Percent

   Thu, 25 Apr 2013

   marked a new record low. Low rates are increasing the affordability of buying homes and refinancing. Mortgage buyer Freddie Mac says the average rate for the 30-year fixed loan slipped to 3.40 percent from 3.41 percent last week. That's
2. US Rate on 30-Year Mortgage Slips to 3.40 Percent

   Thu, 25 Apr 2013

   closer this week to their historic lows, increasing the affordability of buying homes and refinancing. Mortgage buyer Freddie Mac says the average rate for the 30-year fixed loan slipped to 3.40 percent from 3.41 percent last week. That's
3. US Rate on 30-Year Mortgage Falls to 3.41 Pct.

   Thu, 18 Apr 2013

   week to their historic lows, making homeownership more affordable and refinancing more attractive. Mortgage buyer Freddie Mac says the average rate for the 30-year fixed loan dipped to 3.41 percent from 3.43 percent last week. That's
4. US Mortgage Rates Fall for 3rd Straight Week

   Thu, 18 Apr 2013

   43 3.90 3.31 15-year fixed 2.64 2.65 3.13 2.63 5-year adjustable 2.60 2.62 2.85 2.61 1-year adjustable 2.63 2.62 2.81 2.52 All values in percentage points Source: Freddie Mac Primary Mortgage Market Survey
5. Business Highlights

   Thu, 18 Apr 2013

   week to their historic lows, making home ownership more affordable and refinancing more attractive. Mortgage buyer Freddie Mac says the average rate for the 30-year fixed loan dipped to 3.41 percent from 3.43 percent last week. That's
6. 
   Many Americans Paying More for Homes Relative to Income

   Wed, 10 Apr 2013

   is in light of the fact that interest rates will begin to rise in the next several years, he said. Last Thursday, Freddie Mac said the 30-year fixed-rate mortgage averaged 3.54 percent for the week ending April 4, down from 3.57 percent
7. 
   Web Extra: Read an Excerpt of David Stockman's New Book

   Fri, 5 Apr 2013

   government-sponsored enterprises Fannie Mae and Freddie Mac and the big Wall Street banks 1 trillion in Fannie Mae and Freddie Mac mortgage-backed securities government's nationalization of Freddie and Fannie. From a big-picture

Videos

1. 
   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

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   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. Any of the bank's. And today we learned in the years leading up to the financial crisis. Freddie Mac paid Newt Gingrich nearly two million dollars pleaded no lobbying of any time period. -- -- offers advice as an historian. Sounds like a lot more than -- story. Welcome to the speaker of the house and strategic advisor I was approach offers strategic advice let for strategic advice. Gingrich has also been glad to slam Freddie Mac on numerous occasions. Blaming it for making too many -- won't leading to the housing bubble which almost quit the economy. -- last election Gingrich hammered Barack Obama for taking campaign contributions from people who worked at Freddie Mac . And in a recent debate he went further -- -- saying that prominent Democrats should be. Jailed for their ties to Freddie Mac if you want to put people in jail on a second what Michelle said he ought to start -- Barney Frank and Chris Dodd. So why Frank's case go back and look at the lobbyists is close to -- -- -- Freddie Mac Gingrich has worked for Freddie Mac drew a harsh attack today from one of his rivals he took money. -- also influence senior Republicans. To be favorable -- Fannie and Freddie . Gingrich was on Freddie -- payroll for eight years beginning in 1999. Leaves and tried to warn them they were making too many risky loan was as I said -- at the time this is a bubble this is insane. This is impossible but sources familiar with Gingrich -- worked for Freddie Mac say they don't recall him ever saying anything like that. They say he was hired for one reason and one reason only
2. 
   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

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   against some of those homeowners. ABC's Jim model has the story. 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. What you're doing is telling homeowners -- I'm gonna stop you from refinancing. And it's going to be profitable for my portfolio is it. Fair to say that they set the house rules and then they -- one bond trader said to us it's like. Betting on this Super Bowl and then shooting Tom Brady in the ankle. 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.
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

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   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 face millions in fines but they do not face jail time only the Justice Department can bring criminal charges. We're getting a civil settlement and some money sloshing around. But not that real sense of justice and certainly not big knowledge -- that we feels a country we deserved to receive -- to hold individuals accountable for what they did. 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. 
   Real Estate Confidential: Home Prices Too Good to Be True

   Fri, 8 Mar 2013

   taken say they should have been warned that the seller Freddie Mac should have that Beth residue to require a warning inspections don't include testing for met residue. Freddie that ABC this statement we empathize with a hate him

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   might. They've taken say they should have been warned that the seller Freddie Mac should have -- that Beth residue to require a warning. Like lead paint in asbestos it turns out most home inspections don't include testing for met residue. Freddie -- that ABC this statement we empathize with a hate him but neither we nor the listing agent had prior information about
5. 
   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

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   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
6. 
   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

   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
7. 
   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

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   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 of quote. Chilling for the company responsible for the financial crisis. The point is is that he took money. -- also influence senior Republicans. To be favorable toward Fannie Freddie . Freddie Mac meet so many risky loans during the real estate bubble. That it needed a taxpayer bailout in 2008 a 54 billion dollars. A much bigger bailout than any of the banks and -- just last month Gingrich suggested top Democrats should be thrown in jail because of their ties to Freddie . If you wanna put people in jail -- a second what Michelle said he ought to start when Barney Frank and Chris Dodd Barney Frank's case go -- and look at the lobbyists is close to admit that. That Freddie Mac . Now it turns out that for eight years beginning in 1999. Freddie Mac -- Gingrich nearly two million dollars as a consultant. Gingrich said on the mark Libyan radio show last night it was a