Freddie Mac has reported the repurchase of $1.465 billion of outstanding Reference Notes securities.The government-sponsored enterprise said the repurchase total consisted of $565 million of 3.625% notes due Sept. 15, 2008; $375 million of 2.750% notes due March 15, 2008; $375 million of 5.750% notes due Jan. 15, 2012; and $150 million of 6.625% notes due Sept. 15, 2009. Freddie Mac can be found on the Web at http://www.freddiemac.com.
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The Consumer Financial Protection Bureau has seen excessive property-inspection charges, fees that loan mods should eliminate and improper line-item labels.
3h ago -
Michael Tannenbaum, whose experience in the financial services industry spans over 15 years, has a track record of helping companies scale and grow.
5h ago -
A majority of consumers earning more than $100,000 annually said they were concerned about their own ability to purchase a home, demonstrating how affordability issues are impacting those at many socioeconomic levels, the University of Michigan study found.
7h ago -
The nonbank's results add to other indications that the first quarter's "higher for longer" rate scenario had an upside for efficient servicing operations.
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The latest rate increases contributed to a 1% drop in purchases from the previous week and 15% annually, according to the Mortgage Bankers Association.
April 24 -
The top five producers had an average dollar volume of VA and USDA loans of more than $35 million in 2023.
April 24