Freddie Mac said in a public filing Friday it received notice that it may lose its listing on the New York Stock Exchange because its share price has been under $1 for more than 30 days. In a filing with the Securities and Exchange Commission, the mortgage investing giant -- now a ward of the government -- said it received the notice on Monday. The NYSE requires that the average closing price of a stock remain above $1 per share. The company continues to buy mortgages from its seller/servicers. Its regulator seized control of the GSE in September. The company is, more or less, owned by the government, though its shares still trade on the NYSE. It recently hit a low of 25 cents.
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HUD said its Office of Fair Housing and Equal Opportunity has reduced a Biden administration case backlog by 27% and accelerated investigations.
6h ago -
Bill Greenberg and Mat Ishbia held a video chat on June 11. The companies disputed the outcome, but in the end, UWM did not make a new proposal for Two Harbors.
7h ago -
Third-party originators support tightening some standards but say greater flexibility and coordination could help the market avoid disruption.
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But moderating price growth and friendly building policies in many markets hint at emerging affordability for aspiring buyers, Zillow said.
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On a year-over-year comparison, title underwriters produced 15% more premiums in the first quarter, as mortgage rates briefly fell under 6% in February.
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The government-sponsored enterprise has provided language that servicers may utilize in situations involving temporary interest-rate buydowns.
June 15







