Stocks and Finance

Freddie Mac

Freddie Mac 5/23/2012

12:18 : Freddie Mac Repurchase Policy Is MBS Investors' Latest Worry - Bank of America Corp.'s (BAC) agreement to repurchase $330 million in residential loans from Freddie Mac this month may signal new demands by the U.S.-controlled housing finance firm that could blindside investors ...
Source : foxbusiness-com
03:39 : BofA (BAC) will buy back $330M of home loans from Freddie Mac (FMCC.OB) ... - BofA (BAC) will buy back $330M of home loans from Freddie Mac (FMCC.OB) after flaws were found in how the loans were created. Though a relatively small re-purchase, the bank's overall costs tied to defective home ...
Source : seekingalpha-com

Freddie Mac 5/17/2012

16:24 : Mortgage insurer MGIC (MTG) sues Freddie Mac (FMCC.OB) and the FHFA to ... - Mortgage insurer MGIC (MTG) sues Freddie Mac (FMCC.OB) and the FHFA to settle a dispute over coverage limits on certain insurance policies. MGIC has said it believes the loss limit decreases as policies lapse, while Freddie asserts ...
Source : seekingalpha-com
15:52 : MGIC sues Freddie Mac in insurance dispute - Mortgage insurer MGIC Investment Corp has sued mortgage financier Freddie Mac and the Federal Housing Finance Administration to settle a dispute over coverage limits on certain insurance policies.
Source : ibtimes-com
09:48 : US Mortgage Rates Hit Record Low For 3rd Straight Week: Freddie Mac - U.S. 30-year fixed-rate mortgage rates hit a new record low for the third straight week as concerns over the euro zone weighed on the economy, mortgage financier Freddie Mac said Thursday.
Source : ibtimes-com

Freddie Mac 5/10/2012

16:36 : Freddie Mac names former E*Trade chief as new CEO - Freddie Mac , the No. 2 provider of U.S. mortgage money, on Thursday named Donald Layton, the former chief executive of online brokerage E*Trade Financial Corp, as its next chief executive ...
Source : ibtimes-com
16:19 : Freddie Mac names former E*Trade chief as CEO - WASHINGTON (MarketWatch) - Donald Layton, the former chief executive of E*Trade Financial Corp., has been picked to head government-seized housing giant Freddie Mac, according to a statement ...
Source : marketwatch-com
16:17 : Freddie Mac Names Donald Layton CEO - Freddie Mac (OTC: FMCC), the second-largest U.S. mortgage guarantor, said Thursday it was appointing Donald Layton, the former head of E*Trade as its CEO.
Source : ibtimes-com
15:37 : Freddie Mac names ex-ETrade head as new CEO - WASHINGTON (AP) -- Donald Layton, the former chief executive of brokerage firm E(asterisk)Trade Financial Corp, will be the next CEO of Freddie Mac....
Source : usnews-com
15:31 : Freddie Mac appoints Donald Layton CEO - SAN FRANCISCO (MarketWatch) -- Freddie Mac said late Thursday its board appointed Donald Layton as chief executive. Layton, 62, succeeds Charles Haldeman, who announced in October he would step down. Layton, who ...
Source : marketwatch-com
10:28 : US Mortgage Rates Hit New Low For Second Week: Freddie Mac - U.S. 30-year fixed-rate mortgage rates hit a new record low in the week ending May 10, following lower Treasury bond yields and weaker economic data in April, mortgage financier Freddie Mac said Thursday.
Source : ibtimes-com

Freddie Mac 5/9/2012

14:05 : Freddie Mac To Name Former E*Trade Chief Donald Layton New CEO: WSJ - Freddie Mac, the second-largest mortgage guarantor, will announce the appointment of Donald Layton, former head of E*Trade Financial Corp., as a new CEO as early as Thursday, the Wall Street|Wall ...
Source : ibtimes-com
03:28 : Freddie Mac (FMCC.OB) is preparing to name Donald Layton as its next CEO, - Freddie Mac (FMCC.OB) is preparing to name Donald Layton as its next CEO, sources say. Layton, the former chief executive of E-Trade, would be the mortgage giant's third CEO in four years. An announcement could come ...
Source : seekingalpha-com

Freddie Mac 5/8/2012

18:37 : Freddie Mac to name Donald Layton CEO: WSJ report - (Reuters) - Freddie Mac is preparing to name Donald Layton, the former chief executive of online brokerage E*Trade Financial Corp, as its next CEO, the Wall Street Journal ...
Source : reuters-com
17:18 : Freddie Mac Chooses CEO - Freddie Mac is preparing to name Donald Layton, the former chief executive of online brokerage E*Trade Financial Corp., its next CEO, according to people familiar with the matter.
Source : wsj-com

Freddie Mac 5/3/2012

12:10 : US Mortgage Rates Hit New Low Of 3.84%: Freddie Mac - U.S. 30-year fixed-rate mortgages fell to a new record low of 3.84 percent in the week ending May 2, following subdued economic data, mortgage financier Freddie Mac said Thursday.
Source : ibtimes-com
11:24 : Freddie Mac posts profit, but needs $19 million in aid - Freddie Mac , the No. 2 provider of U.S. mortgage money, said on Thursday it will seek another $19 million in taxpayer aid after its quarterly profit failed to make up for a dividend payment to the government for its controlling stake.
Source : ibtimes-com
10:07 : Freddie Mac profit falls, needs $19 million in aid - Freddie Mac , the No. 2 provider of U.S. mortgage money, said on Thursday it will seek another $19 million in taxpayer aid after its quarterly profit failed to make up for a dividend payment to the government for its controlling stake.
Source : ibtimes-com
09:03 : Freddie Mac sees profit, still needs $19 million in aid - Mortgage finance company Freddie Mac on Thursday said it will seek a further $19 million in taxpayer aid after its first-quarter profit of $577 million failed to make up for the payment owed to the government for its controlling stake.
Source : ibtimes-com

Freddie Mac 5/1/2012

21:17 : Citi taps Freddie Mac executive for mortgage unit: source - Citigroup Inc has hired top Freddie Mac executive Anthony Renzi as chief operating officer of its North American mortgage business, a source with direct knowledge of the matter said on Tuesday as the third largest U.S. ...
Source : ibtimes-com
04:54 : Freddie Mac executive Anthony Renzi is leaving the company this month. ... - Freddie Mac executive Anthony Renzi is leaving the company this month. Renzi, who oversees Freddie's single-family mortgage business, joins a growing list of industry veterans who have departed over the past year from both Fannie and ...
Source : seekingalpha-com

Freddie Mac 4/30/2012

18:09 : Top Freddie Mac Executive VP Renzi resigns - WASHINGTON (AP) -- A top executive at government-controlled mortgage giant Freddie Mac is leaving the company about a year after he was promoted to oversee its single-family mortgage business....
Source : usnews-com

Freddie Mac 4/26/2012

12:12 : US Mortgage Rates Remain Near Record Lows: Freddie Mac - U.S. 30-year fixed-rate mortgage rates dipped to 3.88 percent in the week ending April 26, staying near record lows as the housing market remained mixed, mortgage financier Freddie Mac said Thursday.
Source : ibtimes-com

Freddie Mac 4/12/2012

09:15 : The weekly report on mortgage rates from Freddie Mac shows the 30-year ... - The weekly report on mortgage rates from Freddie Mac shows the 30-year fixed average fell 10 bps to land at 3.88%, while the 15-year shed the same amount to drop to 3.11%. Post your comment!
Source : seekingalpha-com

Freddie Mac 4/11/2012

05:22 : Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) could save $1.7B by forgivi - Fannie Mae (FNMA.OB) and Freddie Mac (FMCC.OB) could save $1.7B by forgiving principal on some problem loans, FHFA Acting Director Edward DeMarco said yesterday. However, the net cost to the taxpayer would be $2.1B, ...
Source : seekingalpha-com

Freddie Mac 4/10/2012

02:33 : Freddie Mac homes in on next CEO: WSJ - (Reuters) - The former chief executive of online brokerage E*Trade Financial Corp has emerged as a favorite for the top job at Freddie Mac , the Wall Street Journal said, citing people familiar ...
Source : reuters-com

Freddie Mac 4/9/2012

09:43 : Freddie Mac $2 billion bill sale-rates up, demand down - (Reuters) - Freddie Mac , the No. 2 U.S. home funding company, said on Monday it sold $2 billion of reference bills at higher rates and weaker demand compared with the last week's sale of similar maturities.
Source : reuters-com

Freddie Mac 3/9/2012

13:49 : Freddie Mac asks government for $146 million - WASHINGTON (MarketWatch) -- Government-seized mortgage buyer Freddie Mac on Friday said it's asking the U.S. Treasury for $146 million because it couldn't come up with the entire $1.7 billion needed to make the senior preferred stock ...
Source : marketwatch-com
13:40 : Freddie Mac Swings To Profit, Asks For Bailout - Freddie Mac requested $146 million from the U.S. Treasury to meet interest payment obligations on bailout funds, despite swinging to a profit, the troubled mortgage buyer reported Friday.
Source : ibtimes-com
10:51 : Freddie Mac seeks $146 million in aid to stay solvent - Freddie Mac requested $146 million from the Treasury in order help make interest payments on government funds used to keep the mortgage buyer afloat, the company said Friday.
Source : ibtimes-com
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