Freddie Mac's board of directors has announced a dividend of $0.25 per share on the corporation's voting common stock for the second quarter, unchanged from that of the previous quarter. The board also declared the following preferred stock dividends per share: $0.34 on 1996 and 1998 variable-rate stock; $0.72625 on 1997, 2001, and 2002 5.81% stock; $0.625 on 5% stock; $0.6375 on 1998 and 1999 5.1% stock; $0.6625 on 5.3% stock; $0.72375 on 5.79% stock; $0.4475 on 1999 variable-rate stock; $0.585 on January 2001 variable-rate stock; $0.29291 on March 2001 variable-rate stock; $0.645 on May 2001 variable-rate stock; $0.51 on 2006 variable-rate stock; $0.75 on 6% stock; $0.7125 on 5.7% stock; $0.8025 on 6.42% stock; $0.36875 on 5.9% stock; $0.348125 on 5.57% stock; $0.35375 on 5.66% stock; $0.37625 on 6.02% stock; $0.409375 on 6.55% stock; and $0.5234375 on 2007 fixed- to floating-rate stock. The dividends will be payable on June 30 to stockholders of record as of June 16. Freddie Mac can be found online at http://www.freddiemac.com.
-
The homebuilding giant reported two separate cyber incidents this year, with the most recent breach of its mortgage unit affecting more than 348,000 individuals.
August 28 -
The move threatens IMBs and outside loan originators who rely on real estate agents for referrals, as the company aims to keep borrowers within its platform.
August 28 -
Fed Chair Kevin Warsh's much anticipated speech at the Jackson Hole meeting reinforced past comments about reducing communications around forward guidance.
August 28 -
The ex-CEO got a regulatory OK to officially rally shareholders for his plan, although he's still awaiting a federal judge's decision on a restraining order.
August 28 -
The deal is backed by recently originated, 30-year fixed-rate mortgages with an average combined loan-to-value ratio of 75.1%, according to Morningstar DBRS.
August 28 -
Academy Mortgage's deal will cover around 285,000 class members. It's the sixth deal this year by a mortgage firm seeking to squash consumer complaints.
August 28





