Freddie Mac has reported the repurchase of $2.24 billion of outstanding Reference Notes securities.Freddie said the repurchase total consisted of $990 million of 5.500% notes due Sept. 15, 2011; $900 million of 6.000% notes due June 15, 2011; $225 million of 5.500% notes due July 15, 2006; and $125 million of 4.875% notes due March 15, 2007. Freddie Mac can be found on the Web at http://www.freddiemac.com.
The Housing for the 21st Century Act includes provisions covering policy, manufactured homes and rural infrastructure introduced in a prior Senate proposal.
Mortgage loan officer licensing saw its first rise since 2022 as Fannie Mae projects $2.4T in 2026 volume. Experts eye a market reset amid improving affordability.
The FHFA chief told Fox an offering could be done near term - but may not be - while a Treasury official addressed conservatorship questions at an FSOC hearing.
The secondary market regulator will formally publish its own rule on Feb. 6, after a comment period and without making changes to what it proposed in July.
Bowing to industry pressure, the Consumer Financial Protection Bureau is warning consumers with notices on its complaint portal not to file disputes about inaccurate information on credit reports, among other changes.
The mortgage technology unit at Intercontinental Exchange posted a profit for the third straight quarter, even as lower minimums among renewals capped growth.
