Most mortgage stocks, along with the rest of the market, took a hit Tuesday as renewed inflation fears put downward pressure on stocks, but Wednesday morning brought a recovery for most mortgage stocks that passed by Freddie Mac.By noon Wednesday mortgage stocks were in recovery mode, with many seeing gains that wiped out Tuesday's losses. Not so fortunate was secondary-market giant Freddie Mac, which was off more than 2% at noon after releasing final 2005 earnings after the close of the markets on Tuesday. Freddie Mac was trading at $60.17 just after noon, down $1.41 from its opening price.
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Fannie Mae and Freddie Mac's portfolios were collectively $10 billion larger than in January, spurred in part by their mortgage-backed securities directive.
March 28 -
Employers who use Nayya's agentic AI platform can provide Foyer, a dedicated 401(k) for homeownership, as a benefit that helps its employees buy a home.
March 27 -
The latest rise in property tax collections at the end of last year continued a nine-quarter streak of increases, according to the National Association of Home Builders.
March 27 -
Lowering minimum standards and using a 2018 proposal as a basis for change may be the quickest path, according to Donald Layton, Freddie Mac's CEO from 2012 to 2019.
March 27 -
The real estate investment trust declared an all-cash offer of $10.80 per share from CrossCountry superior to the fixed stock exchange ratio bid from UWM.
March 27 -
In three separate appearances Thursday, Fed Gov. Lisa Cook, Gov. Michael Barr and Vice Chair Philip Jefferson said they are worried that U.S. involvement in the war with Iran could drive up inflation, leading them to conclude that interest rates should remain steady in the near term.
March 26










