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May 24 (Reuters) - Freddie Mac, the No. 2 U.S. home funding company, said on Thursday it sold $1.0 billion of five-year reference notes in a reopening of an existing 1.00 percent five-year note issue via a Dutch auction. The notes, due June 29 ...
May 24, 2012 at 14:46 | Source: Reuters
First-quarter economic data provided an encouraging signs for the broader economy and the housing recovery, mortgage giant Freddie Mac (FMCC) said in a recent report. "While not uniformly positive, for the most part the data trend in the right ...
May 23, 2012 at 19:48 | Source: FOXBusiness
Freddie Mac released its newest survey on Thursday which showed 30-year fixed-rate mortgages slipping from 3.79% to 3.78% The survey also revealed that new home sales have been on the rise as low rates make those purchases more affordable for ...
May 24, 2012 at 18:35 | Source: The Inquisitr
Freddie Mac's total mortgage portfolio declined at an annualized rate of 14.1% in April, according to the GSE's latest monthly summary report. That compares to a 2.9% annualized rate reduction in March. The ongoing reduction shows Freddie gradually ...
May 25, 2012 at 14:52 | Source: Housing Wire
(SOURCE Freddie Mac) – Freddie Mac released today its U.S. Economic and Housing Market Outlook for May showing for the most part encouraging signs with the release of several first-quarter 2012 economic indicators. Outlook Highlights Initial estimates ...
May 24, 2012 at 11:54 | Source: LoanSafe
Freddie Mac released its U.S. Economic and Housing Market Outlook for May on Wednesday, pointing to the available data as an encouraging sign for housing and the economy in 2012-3. The release details information gathered about economic growth ...
May 24, 2012 at 21:27 | Source: DSNews.com
Bank of America ($7.17 0%) will repurchase roughly $330 million in mortgages it sold to Freddie Mac due to "contractual matters," according to a filing with the Securities and Exchange Commission. The loan repurchase will be completed by the end of May ...
May 23, 2012 at 03:13 | Source: Housing Wire
Bank of America Corp., the second- biggest U.S. lender, will buy back $330 million of home loans from Freddie Mac, the mortgage company seized by the government, after flaws were found in how they were created. Payments on the “vast majority ...
May 23, 2012 at 00:07 | Source: Bloomberg
Freddie Mac said that first quarter 2011 economic data that has begun to emerge from various sources are, even though some is preliminary, beginning to create an impression of what the year may hold. Data on economic growth indicates that the quarter had ...
May 23, 2012 at 20:09 | Source: MortgageNewsDaily.com