Freddie Mac has announced the timeframe for submitting stockholder proposals in connection with its annual stockholders' meeting later this year.To be considered for inclusion in Freddie Mac's proxy statement, stockholder proposals must be submitted in writing to Corporate Secretary, Freddie Mac, 8200 Jones Branch Drive MS 200, McLean, Va., 22102, and received by May 24. Freddie Mac said it will announce the dates for submitting stockholder proposals to be introduced from the floor and for stockholder nominations of candidates for election as directors when it announces the date of the annual meeting. Procedural requirements for such proposals and nominations are available online at http://www.freddiemac.com.
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Correspondent volumes and the servicing portfolio were flat to lower but Onslow Bay was nevertheless the top conventional MSR investor in the first half.
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The homebuilder posted net income of $472 million, or $2.48 per share, down from $608 million but still more than analysts expectations of $2.36 per share.
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The package of banking measures will need 60 votes — including a number of Democrats — to pass the Senate on a tight time frame ahead of November's elections. But the bipartisan House vote signals that future work on the issues is possible.
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Lenders are still sending files to their secondary market partners with missing or misplaced documents, affecting how the collateral is viewed and priced.
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The brokerage boss settled litigation with ex-business partner Mat Grella which involved private aviation, luxury cars and a separate six-figure judgment.
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The median down payment for a potential Gen Z homebuyer is well below the amount the three older generations are looking to make, a LendingTree study found.
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