Fred•die Mac (ˈfrɛd i ˈmæk) n. 1.a congressionally chartered corporation that ensures a continuous supply of mortgage funds by purchasing home mortgages from lending institutions. 2.a publicly traded security that represents participation in a pool of mortgages guaranteed by Freddie...
Freddie Mac to Sell Stock, Cut DividendMARCY GORDON
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what existed before 2008: government backing for the obligations of the government-sponsored enterprises Fannie Mae and Freddie Mac,and affordable-housing mandates requiring the GSEs to encourage and engage in risky mortgage lending. …Most of the U.S. economy is open to the innovation and competit...
16, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 7.44 percent. “For the third straight week, mortgage rates trended down, as new data indicates ...
(which both companies report), FRE’s liabilities are about as large as its assets, leaving a net worth of approximately zero, and FNM is in not much better shape. That’s using current values of the housing stock, and futures are predicting a steady decline in home prices for the next...
The average rate for a 30-year fixed-rate mortgage dropped to 6.27% for the week ending April 13, according to Freddie Mac's Primary Mortgage Market Survey. That's down from the previous week when it averaged 6.28%.
LOS ANGELES -- California's savings and loan associations reported mixed results for 1984's...Luke, Robert
Reference to “Insight: Are House Prices Too High in Your Neighborhood?” in the August 2015 issue of the Insight & Outlook Freddie Mac’s My Home® web site[LINK: myhome.freddiemac.com]provides a wide variety of information for potential home buyers including a rent-vs-buy calculator.[...
This article investigates whether the run-up in stock market prices during the 1920s was related to the accumulation of intangible capital by firms. I use a matched data set of company financials and historical patent citations for 121 p... T Nicholas - Stock Market Swings and the Value of...