Freddie Mac (OTCQB: FMCC) today reiterated that borrowers in forbearance living in homes owned by the company have many options to repay missed payments and are never required to choose doing so in one lump sum. Freddie Mac CEO David ...
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Key Findings: An unprecedented number of renters (84%) believe renting is more affordable than owning, an all-time high for the survey and up 17 percentage points from February 2018. Regardless, affordability issues continue to affect renters more than owners, as ...
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Read More »Freddie Mac has announced that Mark H. Bloom has been elected to its Board of Directors effective November 25, 2019. Currently, Bloom is Global Chief Technology Officer and a member of the Management Board of Aegon N.V., a multinational life ...
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Read More »According to Freddie Mac’s (OTCQB: FMCC) December Forecast, the housing market will continue to stand firm as home sales increase from 6.0 million in 2019 to 6.2 million in 2020 and, to 6.3 million in 2021. “A more accommodative monetary ...
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Read More »Freddie Mac (OTCQB: FMCC) has announced that Frank Nazzaro has been named executive vice president and chief information officer (CIO) of the company. He is a member of the senior operating committee and reports directly to CEO David Brickman. Nazzaro, ...
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Read More »WASHINGTON — Mortgage giant Freddie Mac reported net income of $2.3 billion for the third quarter, reversing a loss in the same period of 2015. The government-controlled company said Tuesday its fees from lenders for backing mortgages increased and the ...
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Read More »WASHINGTON (AP) — Mortgage giant Freddie Mac reported a net loss of $354 million for the first quarter, mostly due to losses it sustained on the investments it uses to hedge against swings in interest rates. The government-controlled company said ...
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Read More »NEW YORK (AP) — Freddie Mac, the government-controlled mortgage company, said its net income jumped in the fourth quarter on higher interest rates. It also said Thursday that it will pay a dividend to the U.S. Department of Treasury of ...
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Read More »WASHINGTON — Average long-term U.S. mortgage rates declined this week, approaching historically low levels with the spring home-buying season underway. Mortgage giant Freddie Mac said Thursday the national average for a 30-year fixed-rate mortgage slipped to 3.66 percent from 3.70 ...
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Read More »WASHINGTON — Average long-term mortgage rates have fallen for the first time in four weeks and remain near historic lows reached in May 2013. Mortgage giant Freddie Mac said Thursday that the national average for a 30-year, fixed-rate mortgage fell ...
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Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties
