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Freddie Mac said it earned enough in the second quarter to send a $2 billion dividend to the U.S. Treasury, but the press release announcing the company’s financial results includes new language suggesting uncertainty as to whether the payment will be made as scheduled.
August 1 -
Garden State Home Loans has launched a 1% down payment program for first-time buyers, opening the door for millennial purchasers.
August 1 -
CoreLogic will fully integrate its 4506-T income verification product in August with Fannie Mae's Desktop Underwriter platform to provide Day 1 Certainty service.
July 31 -
Regardless of whether Congress could act, proponents don’t seem to fully appreciate the potential unintended consequences of a future without Fannie Mae and Freddie Mac.
July 31 -
The run-up in expenses involved in making a home loan is one of the trends limiting new construction, says Fannie Mae Chief Economist Doug Duncan.
July 28 -
Three California men who previously operated Star Reliable Mortgage were ordered to pay $1.1 million in restitution and are facing multiyear prison terms related to a foreclosure rescue scheme.
July 28 -
Shareholders of Fannie Mae and Freddie Mac say a trove of documents they have obtained bolsters their case that the government lied when it decided to take all of the mortgage companies’ profits.
July 28 -
The government-sponsored enterprises transferred $5.5 billion of credit risk on $174 billion of mortgages in their portfolios during the first quarter.
July 26 -
Policymakers should differentiate between housing finance-related issues of real importance to the greater public interest, and those that concern only special interests.
July 25Whalen Global Advisors LLC