Freddie Mac plans to purchase any and all of a targeted group of about 8.1 billion euros ($11.2 billion) of its euro Reference Notes securities the week of June 15. The government-sponsored enterprise is planning to buy from investors for cash the securities through Goldman Sachs International, the designated lead dealer for the offers. Barclays Bank PLC and Deutsche Bank AG, London branch, are the designated deal managers for the offers. Each series of target securities will be purchased at a fixed spread over the applicable reference swap rate for the series.
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A federal judge ruled that the Trump administration's attempt last year to halt funding for the Consumer Financial Protection Bureau was unlawful and unconstitutional. Two other judges have issued similar decisions.
3h ago -
New American Funding also promoted Stacy Chevalier Northwest regional vice president, and MISMO added three members to its board of directors.
9h ago -
GSE loans between 30 and 59 days late on their payments saw a 13 basis point rise in delinquency rates, while most non-agency MBS types saw annual increases.
9h ago -
A lawsuit claims the bureau regularly assigns higher-responsibility examination work to Black workers without corresponding pay bumps or promotions.
9h ago -
House Democrats on the Financial Services Committee said the more than 400-page Community Reinvestment Act proposal warrants more time for review, given its sweeping implications for community development and bank lending.
September 25 -
A judge found United Wholesale Mortgage did not break the law in its handling of the retirement plan, which ex-workers say cost them a collective $1.8 million.
September 25









