Freddie Mac has announced that the company will release its fourth quarter and full-year 2007 financial results before the New York Stock Exchange opens on Feb. 28. The company said it will hold a conference call at 10 a.m. EST on that date to discuss the results. To listen to the call, domestic investors should call 1-800-230-1074, and international investors should call 1-612-288-0329, approximately 10 to 15 minutes before the start of the call. A spokesman for Freddie's rival Fannie Mae told MortgageWire that Fannie will release its 2007 results before the end of February. A live webcast of Freddie's call and related information will be available through its website at http://www.freddiemac.com/investors/webcasts.
-
The Senate passed a bipartisan housing package, which includes certain community bank provisions, in an 85-5 vote. The House is set to vote on the package Wednesday.
3h ago -
Ralo uses artificial intelligence to automate the entire process, saving consumers money by cutting out commissioned loan officers, processors and underwriters.
8h ago -
Part of the proposal affects the risk weighting for certain "investment properties and other cashflow-dependent" mortgages, according to a new Pennymac report.
9h ago -
William Isaac led the Federal Deposit Insurance Corp. through the banking and thrift crises of the 1980s and was a frequent commentator on bank regulation after his time in public service.
9h ago -
The longtime Federal Reserve chair served under four presidents and presided over the deregulatory and pro-market push of the 1990s and early 2000s that set the stage for the 2008 mortgage crisis.
June 22 -
Life insurers have offloaded long-term policyholder liabilities into offshore reinsurance and captive subsidiaries, raising concerns over state oversight of opaque investment vehicles and whether insurers have adequately funded claims.
June 22









