Bulletin
Investor Alert

New York Markets Open in:

Topics

Freddie Mac

/marketstate/country/us

After Hours

04/15/21

Freddie Mac
/zigman2/quotes/202741363/composite

$

2.27

Change

0.00 0.00%

Volume

Volume 3,827

Quotes are delayed by 20 min

/zigman2/quotes/202741363/composite

Previous close

$ 2.20

$ 2.27

Change

+0.07 +3.18%

Day low

Day high

$2.17

$2.28

Open

52 week low

52 week high

$1.43

$3.08

Open
5:49 a.m. Jan. 17, 2021 - By Jacob Passy
Fannie Mae, Freddie Mac can keep future earnings, per agreement between Treasury and regulators ‘Until the Enterprises can raise private capital, they are at risk of failing in the next housing crisis,’ Federal Housing Finance Agency Director Mark Calabria said‘Until the Enterprises can raise private capital, they are at risk of failing in the next housing crisis,’ Federal Housing Finance Agency Director Mark Calabria said, in announcing the agreement.
2:32 p.m. Jan. 14, 2021 - By Jacob Passy
FHFA, Treasury agree to let Fannie Mae and Freddie Mac retain earningsThe Federal Housing Finance Agency and the Treasury Department that will allow Fannie Mae and Freddie Mac to keep their earnings for the foreseeable future, until they reach the capital targets needed to exit conservatorship. The agreement was solidified through amendments to the preferred stock purchase agreements held by Treasury. Last year, the two agencies reached an agreement to let the mortgage giants retain up to $25 billion in earnings. Prior to that, all of Fannie and Freddie's earnings were swept to the Treasury Department to repay the federal government for the funds used to bail the two enterprises out. FHFA Director Mark Calabria warned that retained earnings would not be enough to recapitalize Fannie and Freddie, and that without access to private capital they were still at risk of failing in a future housing crisis.
2:31 p.m. Jan. 14, 2021 - By Jacob Passy
FHFA, Treasury agree to let Fannie Mae and Freddie Mac retain earningsThe Federal Housing Finance Agency and the Treasury Department that will allow Fannie Mae [s:FNMA] and Freddie Mac [s:FMCC] to keep their earnings for the foreseeable future, until they reach the capital targets needed to exit conservatorship. The agreement was solidified through amendments to the preferred stock purchase agreements held by Treasury. Last year, the two agencies reached an agreement to let the mortgage giants retain up to $25 billion in earnings. Prior to that, all of Fannie and Freddie's earnings were swept to the Treasury Department to repay the federal government for the funds used to bail the two enterprises out. FHFA Director Mark Calabria warned that retained earnings would not be enough to recapitalize Fannie and Freddie, and that without access to private capital they were still at risk of failing in a future housing crisis.
7:32 a.m. Dec. 15, 2020 - By Andrew Ackerman
Trump administration likely to keep Fannie Mae and Freddie Mac in conservatorship, Mnuchin suggests ‘We’re going to not do anything that jeopardizes taxpayers and puts them at additional risk,’ the Treasury Secretary told The Wall Street Journal in an exclusive interview.‘We’re going to not do anything that jeopardizes taxpayers and puts them at additional risk,’ the Treasury Secretary told The Wall Street Journal in an exclusive interview.
3:16 a.m. Nov. 9, 2020 - By Jacob Passy
What a Biden administration will mean for housing-finance reform The Trump administration has pursued the recapitalization of Fannie Mae and Freddie Mac, but a Biden administration will likely have different goalsThe Trump administration has pursued the recapitalization of Fannie Mae and Freddie Mac, but a Biden administration will likely have different goals.
12:02 a.m. Nov. 6, 2020 - By Kate Wood
Three reasons you should refinance your home right now with a renovation loan Why this is a smart move, plus tips for how to use oneA renovation refi is a way to borrow money for home improvements at a lower interest rate than personal loans or credit cards.
7:34 a.m. Nov. 2, 2020 - By Andrew Keshner
‘It’s a grim cut off’: Washington abandoned a stimulus deal, so much of America’s temporary financial safety net will expire The help that Americans have been getting with rent, unemployment benefits, student loans, paid leave and more is scheduled to end soonThe help that Americans have been getting with rent, unemployment benefits, student loans, paid leave and more is scheduled to end soon.
12:57 a.m. Oct. 19, 2020 - By Holden Lewis
4 questions to ask yourself before refinancing your mortgage Rates have been falling and refinances have been booming. See if now is the right time to do itNot sure if now is the time to refinance? Clear up your confusion by answering these questions.
6:35 a.m. Oct. 8, 2020 - By Jacob Passy
Mortgage rates dip slightly as Americans rush to refinance their home loans Refinancing activity has rebounded to the highest level since AugustRefinancing activity has rebounded to the highest level since August.
12:41 p.m. Oct. 3, 2020 - By Keith Jurow
The COVID-19 lockdown is squeezing real estate from all sides and threatens to burst the housing and mortgage bubble Sooner or later, homeowners in this frothy U.S. housing market must pay the piperSooner or later, homeowners in this frothy U.S. housing market must pay the piper, writes Keith Jurow.
3:51 a.m. Oct. 3, 2020 - By Jacob Passy
Mortgage rates keep falling, but will rising home prices push some buyers out of the market? Mortgage rates dropped to a near-record low this week amid a stable bond marketMortgage rates dropped to a near-record low this week amid a stable bond market.
8:26 a.m. Sept. 26, 2020 - By Jacob Passy
Mortgage rates are near record lows — but many Americans will struggle to find a lender willing to give them a home loan The supply of mortgages has dropped to the lowest level since 2014, according to one metricThe supply of mortgages has dropped to the lowest level since 2014, according to one metric.
5:15 a.m. Sept. 26, 2020 - By Andrew Keshner
As Ginsburg’s death reshapes the future of the Supreme Court — here are 4 upcoming cases with money implications for families and companies Issues on the docket include copyright law, regulations tied to prescriptions and unsolicited text messagesIssues on the docket include copyright law, regulations tied to prescriptions and unsolicited text messages.
5:06 a.m. Sept. 23, 2020 - By Jacob Passy
The number of Americans skipping mortgage payments drops to lowest level since April — but some borrowers face bigger challenges A slower recovery in the job market could create problems for the mortgage industryA slower recovery in the job market could create problems for the mortgage industry.
6:39 a.m. Sept. 12, 2020 - By Jacob Passy
Mortgage rates fall to a new record low — but not all Americans will be able to access them A tumultuous week in the stock market also affected the rates lenders have been offeringA tumultuous week in the stock market also affected the rates lenders have been offering.
2:33 a.m. Sept. 8, 2020 - By Jacob Passy
Renters in U.S. cannot be evicted through the end of the year due to coronavirus, CDC order states Unpublished order provides declaration for renters to sign stating they are unable to pay rent, have sought government assistanceTo be eligible for protection, renters will need to provide proof of their inability to pay rent because of the pandemic.
8:46 a.m. Sept. 5, 2020 - By Jacob Passy
Mortgage rates remain below 3% — but rising home prices are threatening to push buyers out of the market Even with interest rates at record lows, someone buying the typical home today will have a larger monthly mortgage payment than they would have if they bought a year agoEven with interest rates at record lows, someone buying the typical home today will have a larger monthly mortgage payment than they would have if they bought a year ago.
6:26 a.m. Aug. 27, 2020 - By Jacob Passy
Housing regulator extends Fannie Mae and Freddie Mac's foreclosure and eviction moratoriumThe Federal Housing Finance Agency has extended the foreclosure and eviction moratorium for homes with mortgages backed by Fannie Mae and Freddie Mac . The moratorium is now in effect until December 31, 2020 - originally they were supposed to expire at the end of August. The foreclosure moratorium only applies to single-family mortgages only, while REO eviction moratorium applies to properties that are acquired by Fannie or Freddie through foreclosure or deed-in-lieu of foreclosure transactions. The moratorium is expected to cost the two government-sponsored enterprises between $1.1 billion and $1.7 billion, and it protects more than 28 million homeowners across the country.
5:13 a.m. Aug. 26, 2020 - By Jacob Passy
Fannie Mae, Freddie Mac will delay controversial refinance fee The ‘adverse market’ fee is being implemented to cover $6 billion in projected losses caused by COVID-19The ‘adverse market’ fee is being implemented to cover $6 billion in projected losses caused by COVID-19.
6:38 a.m. Aug. 20, 2020 - By Jacob Passy
Mortgage rates are going back up — just as home prices begin to skyrocket Interest rates on home loans are still extremely low by historical standards, and that’s helping to create fierce competition in the real-estate marketInterest rates on home loans are still extremely low by historical standards, and that’s helping to create fierce competition in the real-estate market.
2:37 a.m. Aug. 16, 2020 - By Jacob Passy
Refinancing your mortgage will cost more thanks to a new fee from Fannie Mae and Freddie Mac Fannie Mae and Freddie Mac are rolling out a new ‘adverse market fee’ in light of the coronavirus pandemic. Critics of the move say it will cost homeowners thousands of dollarsFannie Mae and Freddie Mac are rolling out a new ‘adverse market fee’ in light of the coronavirus pandemic. Critics of the move say it will cost homeowners thousands of dollars.
2:37 a.m. Aug. 16, 2020 - By Jacob Passy
Mortgage rates keep falling — will they finally drop to 0%? Outside the U.S., lenders have even offered mortgages with negative interest ratesOutside the U.S., lenders have even offered mortgages with negative interest rates.
9:19 a.m. Aug. 10, 2020 - By Jacob Passy
Calculating America’s eviction crisis: Up to 40 million people are at risk of being kicked out of their homes The coronavirus pandemic has heightened deep-seated inequality in the nation’s housing marketThe coronavirus pandemic has heightened deep-seated inequality in the nation’s housing market.
9:27 a.m. Aug. 9, 2020 - By Jacob Passy
Landlords must notify tenants about eviction proceedings in multi-family buildings, housing regulator says The Federal Housing Finance Agency is also improving online tools where tenants can see whether they’re eligible for protectionsThe Federal Housing Finance Agency is also improving online tools where tenants can see whether they’re eligible for protections.
8:23 a.m. Aug. 8, 2020 - By Jacob Passy
The number of Americans skipping mortgage payments is falling — except among these borrowers Forbearance plans allow mortgage borrowers to make reduced payments or skip monthly paymentsForbearance plans allow mortgage borrowers to make reduced payments or skip monthly payments.
6:44 a.m. Aug. 8, 2020 - By Jacob Passy
Quicken Loans parent’s stock rises as company looks to build ‘the Amazon for financial services’ Quicken became the country’s largest mortgage lender following the debut of the Rocket Mortgage digital applicationQuicken became the country’s largest mortgage lender following the debut of the Rocket Mortgage digital application.
5:32 a.m. Aug. 8, 2020 - By Jacob Passy
Mortgage rates fall to a record low for the eighth time this year, making buying a home more affordable for many Americans While home buyers may have plenty of options for cheap financing, they won’t have much choice about what properties they can purchaseWhile home buyers may have plenty of options for cheap financing, they won’t have much choice about what properties they can purchase.
6:23 p.m. Aug. 5, 2020 - By Jacob Passy
Quicken Loans is going public: 5 things to know about the mortgage lender Quicken has been the largest mortgage lender in the U.S. since 2018Quicken has been the largest mortgage lender in the U.S. since 2018.
1:01 a.m. July 28, 2020 - By Holden Lewis
Mortgage and real estate trends to watch for in the rest of 2020 Rates will probably go even lower, but don’t expect to find many homes on the marketIn a world altered by the pandemic, here’s what home buyers and sellers can expect in the second half of the year.
8:34 a.m. July 26, 2020 - By Jacob Passy
America is facing an eviction crisis as moratoriums expire: ‘This is a potential catastrophe’ Democratic lawmakers have proposed legislation to extend and to expand the federal moratorium on evictions, which is set to expire in just a few daysDemocratic lawmakers have proposed legislation to extend and to expand the federal moratorium on evictions, which is set to expire in just a few days.
10:51 a.m. July 25, 2020 - By Keith Jurow
The feared jumbo mortgage debacle is here — thanks to the coronavirus — and ready to pound the housing market COVID-19 pandemic is squeezing borrowers’ ability to stay in their homesCOVID-19 pandemic is squeezing borrowers’ ability to stay in their homes, writes Keith Jurow.
5:16 a.m. July 17, 2020 - By Jacob Passy
Housing starts gain steam as builders ramp up construction despite pandemic New home construction activity increased 17% between May and JuneNew home construction activity increased 17% between May and June.
1:07 p.m. July 14, 2020 - By Jacob Passy
FSOC to evaluate risks posed by the secondary mortgage marketThe Financial Stability Oversight Council that it will begin a review of the secondary mortgage market. The evaluation will determine what risks activities in the secondary mortgage market pose to the stability of the broader financial system. Regulators will also work to see what approaches best mitigate those risks. The announcement received the support of the Federal Housing Finance Agency, which regulates mortgage giants Fannie Mae and Freddie Mac . "As demonstrated by the 2008 financial crisis and again by COVID-19, Fannie Mae and Freddie Mac must be well capitalized in order to support the mortgage market during a stressed environment," FHFA Director Mark Calabria said in response to the news.
7:59 a.m. July 2, 2020 - By Jacob Passy
Mortgage rates hit a fresh record low ahead of Fourth of July weekend Economists now say the average rate on the 30-year mortgage could possibly drop below 3%Economists now say the average rate on the 30-year mortgage could possibly drop below 3%.
7:00 a.m. June 27, 2020 - By Jacob Passy
Mortgage rates hold steady at record lows — but can you really take advantage of them? A cash-out refinance may seem attractive to Americans looking to beef up their financial reserves amid economic turmoil, but there are drawbacksA cash-out refinance may seem attractive to Americans looking to beef up their financial reserves amid economic turmoil, but there are drawbacks.
5:10 a.m. June 26, 2020 - By Jacob Passy
Mortgage rates keep falling to record lows — so is now a good time to refinance? Homeowners stand to save money by refinancing, but some factors may make getting a new loan less worthwhileHomeowners stand to save money by refinancing, but some factors may make getting a new loan less worthwhile.
12:53 p.m. June 22, 2020 - By Jacob Passy
The number of Americans skipping mortgage payments drops for the first time since March A smaller share of home loans are now in forbearance, but that could change if government assistance dries upA smaller share of home loans are now in forbearance, but that could change if government assistance dries up.
4:36 a.m. June 22, 2020 - By Jacob Passy
Mortgage rates drop to another record low — here’s why Americans may not want to wait too much longer before locking rates in Low mortgage rates are stoking the housing market’s recovery from the coronavirus, but there may be limits to how much of a boost they will giveLow mortgage rates are stoking the housing market’s recovery from the coronavirus, but there may be limits to how much of a boost they will give.
6:23 a.m. June 11, 2020 - By Jacob Passy
Mortgage rates are circling record lows — will the Fed’s actions push them lower? The Federal Reserve plans to keep the interest rates it controls around 0% for the foreseeable futureThe Federal Reserve plans to keep the interest rates it controls around 0% for the foreseeable future.
6:48 a.m. June 4, 2020 - By Jacob Passy
Mortgage rates are at historic lows — but the coronavirus pandemic is making homes less affordable for buyers Young home-buyers are at an especial disadvantage in today’s housing marketYoung home-buyers are at an especial disadvantage in today’s housing market.
Browse topics:
Link to MarketWatch's Slice.