Freddie Mac loss swells as mortgage crisis deepens

NEW YORK, Feb 28 (Reuters) - Freddie Mac, the second-biggest provider of U.S. residential mortgage funding, on Thursday said its fourth-quarter loss widened to a record $2.5 billion as the housing crisis worsened. Freddie Mac, as ... More... (Mortgage News)
Add a Comment , , , March 1st, 2008

Rates on 30-Year Mortgages Rise

WASHINGTON (AP) — Rates on 30-year mortgages rose for a third straight week, hitting the highest level in more than three months. Freddie Mac, the mortgage company, reported Thursday that 30-year, fixed-rate mortgages averaged 6.24 percent ... More... (Mortgage News)
Add a Comment , , March 1st, 2008

Inland real estate industry holds its breath as FHA crunches numbers for new loan ceiling

Homeowners and buyers in Inland Southern California will learn next month if they will benefit from new federal guidelines designed to spur house sales and to help people refinance to avert foreclosure. Ironically, this area's fast-falling ... More... (Mortgage Education, Mortgage News)
Add a Comment , , , , February 25th, 2008

Mortgage lenders, REITs drop after Merrill downgrades Fannie Mae, Freddie Mac

Mortgage lenders, REITs drop after Merrill downgrades Fannie Mae, Freddie Mac 22/2/2008 15:17 London Time | story 1008 NEW YORK (Thomson Financial) - Shares of mortgage lenders and REITs dropped Friday after a downgrade of ... More... (Mortgage News, Real Estate News)
Add a Comment , , , February 25th, 2008

Freddie Mac total mortgage portfolio up annualized 4.8% in January

NEW YORK (MarketWatch) -- Freddie Mac's (FRE:28.42, -0.33, -1.1%) holdings of mortgage bonds fell in January. The company said Thursday its retained or investment portfolio fell to $0.6 billion in January, versus an increase to ... More... (Mortgage News)
Add a Comment , February 21st, 2008