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Freddie Mac Announces New Five Year Reference Notes Security
Freddie Mac announced today that it plans to issue a new five-year USD Reference Notes(R) security, CUSIP number 3137EACM9, due on September 10, 2015.
Read More... Wednesday, September 08, 2010
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HUD Charges Ohio Landlord With Housing Discrimination
The U.S. Department of Housing and Urban Development announced that it is charging Testa Family Enterprises, LTD, owner of Royal Arms Apartments in Ravenna, Ohio, and the complex’s manager with housing discrimination for allegedly refusing to rent certain apartments to families with young children.
Read More... Monday, August 30, 2010
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Freddie Mac Names Subha Barry SVP, Chief Diversity Officer
Freddie Mac today named Subha V. Barry to the position of chief diversity officer. In this position, Barry will lead the company's newly formed Office of Diversity and Inclusion, with overall responsibility for the combined functions of Diversity and Inclusion and Supplier Diversity.
Read More... Monday, August 30, 2010
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Freddie Mac Announced That Delinquencies Fell Again in July
Information release by multiple sources over the past few months show an overall reduction in mortgage delinquencies after multiple years of increasing defaults.
Read More... Thursday, August 26, 2010
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Washington Looking At More Fees For Lenders
The President’s team is looking to propose new frees for loans that require federal backing to help with the cost of keeping the lending industry alive through these trying times.
Read More... Tuesday, August 24, 2010
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Freddie Mac Prices New $3 Billion Three-Year Reference Notes(R) Security
Freddie Mac announced today that it priced its new 0.875% $3 billion three-year USD Reference Notes(R) security due on October 28, 2013. The issue, CUSIP number 3137EACL1, was priced at 99.661 to yield 0.983%, or 22.5 basis points more than three-year U.S. Treasury Notes.
Read More... Thursday, August 19, 2010
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Fannie Mae Redemption
Fannie Mae will redeem the principal amount indicated for the following securities issue on the redemption date indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption:
Read More... Thursday, August 19, 2010
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FANNIE MAE REDEMPTION
Fannie Mae will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 per cent of the principal amount redeemed, plus accrued interest thereon to the date of redemption.
Read More... Tuesday, August 10, 2010
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Fannie Mae Prices New Issue 3-Year Benchmark Notes due September 23, 2013
Fannie Mae exists to expand affordable housing and bring global capital to local communities in order to serve the U.S. housing market.
Read More... Wednesday, August 04, 2010
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Fannie Mae Launches Site For Homeowners
Fannie Mae stated the purpose of the website is to educate homeowners on methods to prevent their home from falling into foreclosure by offering them a wide range of options.
Read More... Tuesday, August 03, 2010
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Fannie Mae Redemption
Fannie Mae will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption:
Read More... Friday, July 30, 2010
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Washington Adds $1 Billion in Mortgage Aid for Unemployed
President Obama signed off on another $75 billion to modify loans last week that also includes $1 Billion for unemployed home owners that are facing foreclosure.
Read More... Monday, July 26, 2010
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Fannie and Freddie Investigation Shows $30 Billion Worth of Bad Loans
Regulators at Fannie and Freddie have identified $30 billion in bad mortgage bonds that they can force sellers to buy back, as stated by Joshua Rosner, who is the analyst that predicted the crash several years ago.
Read More... Wednesday, July 21, 2010
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Fannie Mae Fights Back Against Strategic Defaults
Homeowners that choose to walk away from home loans that they can clearly afford also called a strategic default will find the penalties are not worth the risk.
Read More... Monday, July 19, 2010
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Fannie, Freddie Kill The White House Supported Green Financing Program
A ground breaking green energy financing program that would have cut greenhouse gas emissions and created jobs was vetoed by Fannie Mae and Freddie Mac.
Read More... Wednesday, July 07, 2010
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How Wall Street Reform Will Change Everything For Us
Predatory lending is going to be a thing of the past if the proposed guideline changes are put into practice. Lenders warn these changes will bring costs to get a mortgage way up and will make it far more difficult to get borrowers approved.
Read More... Tuesday, June 29, 2010
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Freddie Mac Will Not Issue a Reference Notes Security on June 24, 2010
Freddie Mac announced today that it will not issue a Reference Notes® security on June 24, 2010. The company’s 2010 Reference Notes calendar designates dates that it may use to announce the issuance of Reference Notes securities.
Read More... Friday, June 25, 2010
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FANNIE MAE REDEMPTION
Fannie Mae (NYSE: FNM | PowerRating) will redeem the principal amounts indicated for the following securities issues on the redemption dates indicated below at a redemption price equal to 100 percent of the principal amount redeemed, plus accrued interest thereon to the date of redemption
Read More... Friday, June 25, 2010
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Treasury Approves 5 States For Aid To Save Troubled Homeowners
Five states that have been hit hardest from the housing crisis share $1.5 billion in federal funds to help homeowners that are unemployed and who owe more than their homes are worth.
Read More... Thursday, June 24, 2010
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Geithner Says Taxpayers Will Get Paid Back All The Bailout Money
The bailout watchdog panel on Tuesday grilled Treasury Secretary Timothy Geithner on alarming losses for banks and foreclosure aid for struggling homeowners, as he assured them that taxpayers are getting paid back all of the $700 billion financial bailout money.
Read More... Wednesday, June 23, 2010
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