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Tag Archives: freddie mac

Reduced multifamily lending caps for Freddie Mac, Fannie Mae not seen as problem

A reduced lending cap for multifamily loans set by the Federal Housing Finance Agency doesn’t appear to be an issue for 2018. It appears unlikely that Freddie Mac or Fannie Mae, according to Globe, will reach their 2017 lending caps of ...

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JPMorgan paying $5.1B in Fannie, Freddie deal

WASHINGTON — JPMorgan Chase has agreed to pay $5.1 billion to resolve claims that it misled Fannie Mae and Freddie Mac about risky home loans and mortgage securities that it sold them before the housing market collapsed. The Federal Housing ...

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Average U.S. rate on 30-year mortgage at 4.58 pct.

WASHINGTON — Average U.S. rates for fixed mortgages rose this week to their highest levels in two years, driven by heightened speculation that the Federal Reserve will slow its bond purchases later this year. Mortgage buyer Freddie Mac said Thursday ...

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Average rate on 30-year U.S. mortgage stays 4.4 pct.

WASHINGTON — Average rates on U.S. long-term fixed mortgages remained steady for a second straight week, giving prospective home buyers more time to lock in historically low levels. Mortgage buyer Freddie Mac said Thursday that the average rate on the ...

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Freddie Mac earns $5 billion in second quarter

WASHINGTON — Freddie Mac earned $5 billion from April through June, the seventh straight profitable quarter for the mortgage giant. The second-quarter gain reported Wednesday compares with net income of $3 billion in the same period of 2012. Freddie says ...

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