Freddie Mac (FMCC) 3.2700 $FMCC
Freddie Mac Prices New STACR HQ2 Credit Risk Sharing Transaction of Higher LTV Loans
Marketwire - Wed Sep 10, 3:14PM CDT
Freddie Mac (OTCQB: FMCC) priced a new Structured Agency Credit Risk (STACR(R)) transaction today totaling $770 million. This STACR Series 2014-HQ2 represents the fifth STACR offering this year where Freddie Mac is transferring a portion of its credit risk on certain groups of loans to private investors. Freddie Mac completed its first HQ Series transaction last month of loans with LTVs of above 80% and up to 95%.
Freddie Mac Prices Tenth Multifamily Securities Offering This Year, K-039
Marketwire - Tue Sep 09, 3:47PM CDT
Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates ("K Certificates"
, which are multifamily mortgage-backed securities. The approximately $1.1 billion in K Certificates ("K-039 Certificates" are expected settle on or about September 18, 2014. This is Freddie Mac's tenth K Certificates offering this year.
Goldman Hits New 52-Week High on Lawsuit Dismissal - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 04, 10:00AM CDT
Shares of Goldman (GS) scaled a new 52-week high of $182.07 in the first half of the trading session on Sep 3. The stock closed the session at $179.60, reflecting a year-to-date return of 1.5%.
Mortgage Rates Hold Steady
Marketwire - Thu Sep 04, 9:01AM CDT
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates holding largely steady for the third straight week amid light economic reports.
Walker & Dunlop Originates First Freddie Mac Tax-Exempt Loan
PR Newswire - Wed Sep 03, 7:30AM CDT
Walker & Dunlop, Inc. (NYSE: WD) and Freddie Mac (OTCQB: FMCC) announced today the closing of the first loan through Freddie Mac's new Direct Purchase of Tax-Exempt Loans initiative, which helps to keep rental housing affordable for lower income families and increase cost-effective financing for tax-exempt multifamily properties. W&D originated a $14,280,000 loan for The Lakewoods, an affordable, senior-housing community located in Dayton, OH, for Millennia Housing Development, Ltd (Millennia).
Freddie Mac Announces Tenth Multifamily Securities Offering This Year, K-039
Marketwire - Tue Sep 02, 10:57AM CDT
Freddie Mac (OTCQB: FMCC) today announced a new offering of Structured Pass-Through Certificates ("K Certificates" which are multifamily mortgage-backed securities. The company expects to issue approximately $1.1 billion in K Certificates ("K-039 Certificates" , which are expected to price the week of September 2, 2014, and settle on or about September 18, 2014. This is Freddie Mac's tenth K Certificates offering this year.
Mortgage Rates Remain Low Heading Into Holiday Weekend
Marketwire - Thu Aug 28, 9:01AM CDT
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates largely unchanged amid mixed news on the housing front heading into the Labor Day weekend.
Housing Markets Stabilizing, Fundamentals Normalizing
Marketwire - Wed Aug 27, 9:01AM CDT
Freddie Mac (OTCQB: FMCC) today released its newly updated Multi-Indicator Market Index(SM) (MiMi(SM)) showing the U.S. housing market continuing to plod along with most markets still generally weak, while those with stronger local economies and favorable demographics continue to improve at a much stronger pace. The second quarter MiMi report is also available, which includes further analysis on each of the states, plus the District of Columbia as well as the top 50 metros areas.
Freddie Mac Forgoes Issuing a Reference Notes(R) Security on Its August 27, 2014 Announcement Date
Marketwire - Wed Aug 27, 8:04AM CDT
Freddie Mac (OTCQB: FMCC) announced today that it will forego issuing a Reference Notes(R) security on its August 27, 2014 announcement date. The company's 2014 Reference Notes calendar designates dates that it may use to announce the issuance of Reference Notes securities.
Freddie Mac Issues Monthly Volume Summary for July 2014
Marketwire - Wed Aug 27, 7:40AM CDT
Freddie Mac (OTCQB: FMCC) today issued the company's Monthly Volume Summary for July 2014.
Another Blow from SEC: Tougher Rules for Asset-Backed Bonds - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Aug 26, 6:08PM CDT
According to a Bloomberg report, the final disclosure rules for asset-backed bonds issuers are to be announced by the U.S. Securities and Exchange Commission (SEC), later this week on Aug 27.
Goldman Closes FHFA's PLS Lawsuit for $3.15B - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 25, 5:23PM CDT
The Goldman Sachs Group, Inc. (GS) finally ended the legal tussle it was embroiled in since 2011 with the Federal Housing Finance Agency (FHFA), the conservator for Freddie Mac (FMCC) and Fannie Mae (FNMA)
Why Goldman Sachs (GS) Stock Is Climbing Today
at The Street - Mon Aug 25, 2:05PM CDT
Goldman Sachs (GS) stock is continuing to rise following the company's announcement it reached a settlement with the Federal Housing Finance Agency regarding bad mortgage bond sales.
2014: The Year Bad Mortgages Became Good Investments
Amanda Alix, The Motley Fool - Motley Fool - Sun Aug 24, 8:44AM CDT
Flickr / Jeff Turner. In a strange twist of fate, toxic mortgages – the very loans that became synonymous with the housing crash and the attendant financial crisis – are experiencing a sort of renaissance. Once reviled, these loan products are...
30-Year Fixed-Rate Mortgage Hits Year's Low
Marketwire - Thu Aug 21, 9:04AM CDT
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates following bond yields lower. Averaging 4.10 percent for the week, the 30-year fixed-rate mortgage fell below its previous 2014 low of 4.12 percent.
Ferguson Unrest Shows Why Fannie, Freddie Are Still Needed: Bove
at The Street - Wed Aug 20, 3:40PM CDT
The social unrest in Ferguson, Mo. shows why Fannie Mae and Freddie Mac are still needed to keep home ownership affordable, banking analyst Dick Bove said Wednesday.
Fannie And Freddie Made $5.1 Billion In Profit, And Shareholders Want A Piece Of It
Matthew Frankel, The Motley Fool - Motley Fool - Wed Aug 20, 7:00AM CDT
Fannie Mae and Freddie Mac have both released their second quarter results, and both companies reported substantial profits. Fannie Mae reported net income of $3.7 billion and Freddie Mac made $1.4 billion. www.futureatlas.com However,...
Bill Ackman Sues U.S. Government over Fannie, Freddie Gains - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 18, 12:13PM CDT
On Aug 14, Bill Ackman along with three other individual plaintiffs holding common shares in Fannie and Freddie, sued the U.S. government, the Department of Treasury and the FHFA.
Bill Ackman Attacks 'Brazen' U.S. Conduct Over Fannie and Freddie
at The Street - Fri Aug 15, 10:20AM CDT
Pershing Square Capital Management and three other common shareholders in Fannie Mae and Freddie Mac unveiled their lawsuit against the U.S. and the two Government Sponsored Enterprises on Thursday.
Why Fannie Mae (FNMA) Stock, Freddie Mac (FMCC) Stock Closed Higher Today
at The Street - Thu Aug 14, 3:58PM CDT
Bill Ackman's Pershing Square Capital Management plans to sue the U.S. over Fannie (FNMA), Freddie (FMCC) mortgage profits.
Freddie Mac Prices New STACR HQ2 Credit Risk Sharing Transaction of Higher LTV Loans
Marketwire - Wed Sep 10, 3:14PM CDT
Freddie Mac (OTCQB: FMCC) priced a new Structured Agency Credit Risk (STACR(R)) transaction today totaling $770 million. This STACR Series 2014-HQ2 represents the fifth STACR offering this year where Freddie Mac is transferring a portion of its credit risk on certain groups of loans to private investors. Freddie Mac completed its first HQ Series transaction last month of loans with LTVs of above 80% and up to 95%.
Freddie Mac Prices Tenth Multifamily Securities Offering This Year, K-039
Marketwire - Tue Sep 09, 3:47PM CDT
Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates ("K Certificates"
, which are multifamily mortgage-backed securities. The approximately $1.1 billion in K Certificates ("K-039 Certificates" are expected settle on or about September 18, 2014. This is Freddie Mac's tenth K Certificates offering this year. Goldman Hits New 52-Week High on Lawsuit Dismissal - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Sep 04, 10:00AM CDT
Shares of Goldman (GS) scaled a new 52-week high of $182.07 in the first half of the trading session on Sep 3. The stock closed the session at $179.60, reflecting a year-to-date return of 1.5%.
Mortgage Rates Hold Steady
Marketwire - Thu Sep 04, 9:01AM CDT
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates holding largely steady for the third straight week amid light economic reports.
Walker & Dunlop Originates First Freddie Mac Tax-Exempt Loan
PR Newswire - Wed Sep 03, 7:30AM CDT
Walker & Dunlop, Inc. (NYSE: WD) and Freddie Mac (OTCQB: FMCC) announced today the closing of the first loan through Freddie Mac's new Direct Purchase of Tax-Exempt Loans initiative, which helps to keep rental housing affordable for lower income families and increase cost-effective financing for tax-exempt multifamily properties. W&D originated a $14,280,000 loan for The Lakewoods, an affordable, senior-housing community located in Dayton, OH, for Millennia Housing Development, Ltd (Millennia).
Freddie Mac Announces Tenth Multifamily Securities Offering This Year, K-039
Marketwire - Tue Sep 02, 10:57AM CDT
Freddie Mac (OTCQB: FMCC) today announced a new offering of Structured Pass-Through Certificates ("K Certificates"
which are multifamily mortgage-backed securities. The company expects to issue approximately $1.1 billion in K Certificates ("K-039 Certificates" , which are expected to price the week of September 2, 2014, and settle on or about September 18, 2014. This is Freddie Mac's tenth K Certificates offering this year. Mortgage Rates Remain Low Heading Into Holiday Weekend
Marketwire - Thu Aug 28, 9:01AM CDT
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates largely unchanged amid mixed news on the housing front heading into the Labor Day weekend.
Housing Markets Stabilizing, Fundamentals Normalizing
Marketwire - Wed Aug 27, 9:01AM CDT
Freddie Mac (OTCQB: FMCC) today released its newly updated Multi-Indicator Market Index(SM) (MiMi(SM)) showing the U.S. housing market continuing to plod along with most markets still generally weak, while those with stronger local economies and favorable demographics continue to improve at a much stronger pace. The second quarter MiMi report is also available, which includes further analysis on each of the states, plus the District of Columbia as well as the top 50 metros areas.
Freddie Mac Forgoes Issuing a Reference Notes(R) Security on Its August 27, 2014 Announcement Date
Marketwire - Wed Aug 27, 8:04AM CDT
Freddie Mac (OTCQB: FMCC) announced today that it will forego issuing a Reference Notes(R) security on its August 27, 2014 announcement date. The company's 2014 Reference Notes calendar designates dates that it may use to announce the issuance of Reference Notes securities.
Freddie Mac Issues Monthly Volume Summary for July 2014
Marketwire - Wed Aug 27, 7:40AM CDT
Freddie Mac (OTCQB: FMCC) today issued the company's Monthly Volume Summary for July 2014.
Another Blow from SEC: Tougher Rules for Asset-Backed Bonds - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Aug 26, 6:08PM CDT
According to a Bloomberg report, the final disclosure rules for asset-backed bonds issuers are to be announced by the U.S. Securities and Exchange Commission (SEC), later this week on Aug 27.
Goldman Closes FHFA's PLS Lawsuit for $3.15B - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 25, 5:23PM CDT
The Goldman Sachs Group, Inc. (GS) finally ended the legal tussle it was embroiled in since 2011 with the Federal Housing Finance Agency (FHFA), the conservator for Freddie Mac (FMCC) and Fannie Mae (FNMA)
Why Goldman Sachs (GS) Stock Is Climbing Today
at The Street - Mon Aug 25, 2:05PM CDT
Goldman Sachs (GS) stock is continuing to rise following the company's announcement it reached a settlement with the Federal Housing Finance Agency regarding bad mortgage bond sales.
2014: The Year Bad Mortgages Became Good Investments
Amanda Alix, The Motley Fool - Motley Fool - Sun Aug 24, 8:44AM CDT
Flickr / Jeff Turner. In a strange twist of fate, toxic mortgages – the very loans that became synonymous with the housing crash and the attendant financial crisis – are experiencing a sort of renaissance. Once reviled, these loan products are...
30-Year Fixed-Rate Mortgage Hits Year's Low
Marketwire - Thu Aug 21, 9:04AM CDT
Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey(R) (PMMS(R)), showing average fixed mortgage rates following bond yields lower. Averaging 4.10 percent for the week, the 30-year fixed-rate mortgage fell below its previous 2014 low of 4.12 percent.
Ferguson Unrest Shows Why Fannie, Freddie Are Still Needed: Bove
at The Street - Wed Aug 20, 3:40PM CDT
The social unrest in Ferguson, Mo. shows why Fannie Mae and Freddie Mac are still needed to keep home ownership affordable, banking analyst Dick Bove said Wednesday.
Fannie And Freddie Made $5.1 Billion In Profit, And Shareholders Want A Piece Of It
Matthew Frankel, The Motley Fool - Motley Fool - Wed Aug 20, 7:00AM CDT
Fannie Mae and Freddie Mac have both released their second quarter results, and both companies reported substantial profits. Fannie Mae reported net income of $3.7 billion and Freddie Mac made $1.4 billion. www.futureatlas.com However,...
Bill Ackman Sues U.S. Government over Fannie, Freddie Gains - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Aug 18, 12:13PM CDT
On Aug 14, Bill Ackman along with three other individual plaintiffs holding common shares in Fannie and Freddie, sued the U.S. government, the Department of Treasury and the FHFA.
Bill Ackman Attacks 'Brazen' U.S. Conduct Over Fannie and Freddie
at The Street - Fri Aug 15, 10:20AM CDT
Pershing Square Capital Management and three other common shareholders in Fannie Mae and Freddie Mac unveiled their lawsuit against the U.S. and the two Government Sponsored Enterprises on Thursday.
Why Fannie Mae (FNMA) Stock, Freddie Mac (FMCC) Stock Closed Higher Today
at The Street - Thu Aug 14, 3:58PM CDT
Bill Ackman's Pershing Square Capital Management plans to sue the U.S. over Fannie (FNMA), Freddie (FMCC) mortgage profits.
