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Freddie Mac

A collection of news and information related to Freddie Mac published by this site and its partners.

Top Freddie Mac Articles see all

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  • Mortgage giants' stance against principal reduction may be softening

     Mortgage giants' stance against principal reduction may be softening
    Jaime Coronel's pick and shovel sat idle when the recession made landscaping jobs scarce, and the home where he and his wife, Juana, raised four children fell into foreclosure. Mortgage giant Fannie Mae gave permission in 2010 for the Coronels to stay on in the Azusa house as renters.
  • Fannie Mae, Freddie Mac adjust loan repurchase rules

     
Fannie Mae, Freddie Mac adjust loan repurchase rules
    Fannie Mae and Freddie Mac said Thursday they have revised their representation and warranty framework in an attempt to reduce concerns among lenders about the risk on buying back loans sold to the two federal mortgage finance agencies. The mortgage...

    Freddie Mac: 30-year mortgage rate average dips below 4%

    Freddie Mac: 30-year mortgage rate average dips below 4%
    Fixed mortgage rates edged lower this week, with Freddie Mac’s survey of lenders showing an average of just below 4% for 30-year fixed home loans. Lenders told Freddie they were offering 30-year loans to solid borrowers at an average of 3.99%,...

    Chicago-area home sales down, but prices up

    Chicago-area home sales down, but prices up
    Sales of existing homes in the Chicago area recorded the fourth consecutive year-over-year decline in October, but quite a few area residents may be getting a new home for the holidays. The Illinois Association of Realtors reported that 9,146 homes were...

    U.S. housing regulator to unveil mortgage fees framework in 2015

    WASHINGTON (Reuters) - The top U.S. housing finance regulator said on Wednesday his agency would unveil a new framework in early 2015 for how government-controlled Fannie Mae and Freddie Mac will set mortgage guarantee fees. The Federal Housing Finance...