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Posted To: MND NewsWireThe interest rate on 15-year fixed-rate mortgages (FRM) set another record low this week, according to information released this morning by Freddie Mac. The Primary Mortgage Market Survey for the week ended November 19 showed rates down across the
http://www.mortgagenewsdaily.com/11192009_freddie_mac_15_year_mortgage_rates_hit_record_low.asp
Quality Control Guidelines Summarized for Fannie Mae, Freddie Mac, and FHA. To help lenders understand agency requirements, Mortgage Compliance Advisors creates summary of Fannie Mae, Freddie Mac, and FHA quality control guidelines.
Freddie Mac Applauds Columbus, Ohio Coalition Against Loan Modification Fraud.
By Paul Kiel, ProPublica. Since its March launch, the governments $50billion program to prevent foreclosures has been marked by confusion, delays and doubts.
http://www.huffingtonpost.com/propublica/freddie-mac-falls-down-on_b_334272.html
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MCLEAN, Va., Nov 18, 2009 /PRNewswire-FirstCall via COMTEX/ --
The following statement was released today by Jeffery Markowitz, Vice President of Government and Industry Relations, Freddie Mac (NYSE: FRE) in support of the Columbus, Ohio launch of the "Loan Modification Scam Alert" campaign by a coalition of federal agencies, non-profit organizations, and Freddie Mac:
"Loan modification fraud is nothing less than a pre-meditated attack on our communities and the housing recovery. Freddie Mac is proud to support this new campaign targeting the con artists who specialize in bilking the public with empty promises of quick fixes to mortgage problems.
"Long before the housing crisis began, attacking mortgage fraud has been a top priority at Freddie Mac. That's why we produce viral videos dramatizing loan modification scams, assist the FBI and law enforcement as they investigate and prosecute fraud artists, and spent the last decade launching local Don't Borrow Trouble anti-fraud campaigns across the nation. (For more information, see freddiemac.com/avoidfraud.)
"We look forward to working with the Treasury Department, the Federal Trade Commission, the U.S. Department of Housing and Urban Development, the Columbus Housing Partnership, NeighborWorks(R) America and the other coalition members to close the door on mortgage fraud."
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters.
SOURCE Freddie Mac
http://www.freddiemac.com
Tags: congress federal freddie mac government housing law enforcement local mortgage nyse ohio partnership president profit residential trade
Companies: Freddie Mac (FRE)
MCLEAN, Va., Nov 16, 2009 /PRNewswire-FirstCall via COMTEX/ --
Freddie Mac (NYSE: FRE) announced today that it will not issue a Reference Notes((R)) security on November 16, 2009. The company's 2009 Reference Notes and Reference REMIC((R)) calendar designates dates that it may use to announce the issuance of Reference Notes securities.
This announcement is not an offer to sell any Freddie Mac securities. Offers for any given security are made only through applicable offering circulars and related supplements, which incorporate Freddie Mac's Annual Report on Form 10-K for the year ended December 31, 2008, filed with the Securities and Exchange Commission ("SEC") on March 11, 2009, and all documents that Freddie Mac files with the SEC pursuant to Section 13(a), 13(c) or 14 of the Securities Exchange Act of 1934, excluding any information "furnished" to the SEC on Form 8-K.
Freddie Mac's press releases sometimes contain forward-looking statements. A description of factors that could cause actual results to differ materially from the expectations expressed in these and other forward-looking statements can be found in the company's http://www.freddiemac.com/investors/infostatRegistration Statement on Form 10 dated July 18, 2008 and its reports on Form 10-Q and Form 8-K, filed with the SEC and available on the Investor Relations page of the company's Web site at www.FreddieMac.com/investors and the SEC's Web site at www.sec.gov.
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters. www.FreddieMac.com
SOURCE Freddie Mac
http://www.freddiemac.com
Tags: annual report congress freddie mac mortgage nyse residential sec sec-8k securities security web
Companies: Freddie Mac (FRE)
MCLEAN, Va., Nov 13, 2009 /PRNewswire-FirstCall via COMTEX/ --
Freddie Mac (NYSE: FRE) today issued its 2010 funding calendars, which provide optional announcement dates for Reference Notes(R) securities and announcement and auction dates for Reference Bills(R) securities. The 2010 funding calendars are available on the Debt Securities page of the company's Web site at www.FreddieMac.com.
On the Reference Notes announcement dates set forth on Freddie Mac's 2010 Reference Notes Calendar, Freddie Mac will announce whether it plans to issue a Reference Notes security. If a Reference Notes security will be issued, Freddie Mac will also provide relevant transaction information.
Freddie Mac's 2010 Reference Bills Calendar provides announcement and auction dates for one-, three-, six- and 12-month Reference Bills securities. One-month Reference Bills auctions will be optional each week, with a minimum of one auction per month. Three- and six-month Reference Bills will be auctioned every week. Auctions of 12-month Reference Bills securities will be optional each week. During the year, Freddie Mac will auction all one-, three-, six- and 12-month Reference Bills securities on Mondays unless Monday is a holiday. If Monday is a holiday, the auction will occur on Tuesday. Reference Bills auction announcements occur at 10:30 a.m., Eastern Time, on Fridays.
The announcement is neither an offer to sell nor a solicitation to buy any of these securities. Any such offering will be made by an offering circular and pricing supplement.
Freddie Mac was established by Congress in 1970 to provide liquidity, stability and affordability to the nation's residential mortgage markets. Freddie Mac supports communities across the nation by providing mortgage capital to lenders. Over the years, Freddie Mac has made home possible for one in six homebuyers and more than five million renters.
SOURCE Freddie Mac
http://www.freddiemac.com
Tags: congress freddie mac mortgage nyse residential securities security web
Companies: Freddie Mac (FRE)
Nov 07, 2009 (Wall Street Horizon via COMTEX) --
Freddie Mac (FRE)
Expected next earnings release: Announcement date: 3/11/2010 - After Market Earnings Quarter: Q4 Announcement Status: Unconfirmed
Tags: corporate earnings freddie mac market
Companies: Freddie Mac (FRE)
Total : 1,784 View more »
When the U.S. government created Fannie Mae and Freddie Mac, it did so with a single public mission: to provide liquidity and stability to the residential mortgage market.
HOUSTON, December 15th, 2008. Prosperity Bank ® is participating in the FDIC Transaction Account Guarantee Program. Under that program, through December 31, 2009, all non-interest-bearing transaction accounts are fully guaranteed by the FDIC for the entire amount in the account.
(Mason City, Iowa)- First Citizens National Bank recently achieved Freddie Mac’s prestigious 2005 Tier One performance ranking for excellence in investor reporting and default management for two or more quarters during the year.
http://www.firstcitizensnb.com/NAboutUsNews/FreddieMacHonor.htm
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http://www.holdrs.com/holdrs/main/index.asp?Action=Headlines&Description=&Image=TTH&symb=FRE
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Freddie Mac works with mortgage lenders to help people get lower housing costs and better access to home financing. Site contains news, products, services and homeownership advice.
The Federal Home Loan Mortgage Corporation (FHLMC), known as Freddie Mac (NYSE: FRE), is a government sponsored enterprise (GSE) of the United States federal government.
(11-23) 14:43 PST NEW YORK, (AP) --Mortgage finance company Freddie Mac on Monday put its initial loss estimate related to the bankruptcy of Taylor, Bean & Whitaker Mortgage ...
http://www.sfgate.com/cgi-bin/article.cgi?f=/n/a/2009/11/23/financial/f144356S51.DTL&type=business
Freddie Mac: Avoiding Foreclosure Steps You Can Take Today to Protect Your Home
Learn how utilizing TBW’s CommunityBanksOnline (CBO) can help you reach and serve new borrowers, build relationships with existing clients and generate new e-commerce revenues in a fast changing marketplace.
http://www.icbamortgage.com/education/eventdetail.cfm?EventID=100577
Get the information you need to implement Freddie Mac's Initial Interest Fixed-rate and ARM mortgages into your product line. This web conference will provide you with an in-depth understanding about Initial Interest mortgages for borrowers looking for interest-only period mortgage options.
http://www.icbamortgage.com/education/eventdetail.cfm?EventID=25630