Freddie Mac has announced the deadlines for submitting stockholder proposals and director nominations to be included in the proxy statement for its annual stockholders' meeting and for qualifying to introduce proposals and nominations from the floor.To be considered for inclusion in the proxy statement, stockholder proposals must be submitted in writing to Freddie Mac and received by Jan. 30, the government-sponsored enterprise said. The deadline for receipt of written proposals and nominations to be introduced from the floor is Feb. 8. Freddie Mac said it expects to provide an annual report for 2002 at the stockholders' meeting, which it said will be held in the first quarter. Submissions should be sent to Corporate Secretary, Freddie Mac, 8200 Jones Branch Drive MS 200, McLean, Va. 22102. Procedural requirements for submissions can be found on Freddie Mac's website at http://www.freddiemac.com.
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The lender recorded a $59 million net loss in the fourth quarter, an 83% improvement from its third quarter performance.
March 28 -
Initial analyses of Home Mortgage Disclosure Act data show UWM ahead in 2023 loan numbers and dollar volume, but Rocket's market share still looks competitive.
March 28 -
Last year, the Raleigh, N.C.-based Integrated called off a deal to sell itself to MVB Financial after bank stocks took a hit in the aftermath of the regional bank failures. Capital hopes to expand its government-guaranteed lending with the transaction.
March 28 -
The pending end of the program comes as over half of U.S. states have already ceased accepting new applicants for federal aid aimed to help struggling households with mortgage payments.
March 28 -
But the 30-year fixed rate mortgage is still near 7%, and that remains the overhang on the housing market, Freddie Mac said.
March 28 -
Mortgage payments rose 10% year-over-year to an all-time high for March, Redfin said.
March 28