freddie mac

Why privatizing mortgage giants Fannie Mae and Freddie Mac is a long shot

Trump wants to free the government of its Fannie and Freddie albatross.

Bill Ackman proposes combining Fannie Mae and Freddie Mac

Billionaire investor Bill Ackman in an X post on Sunday suggested merging US government-sponsored enterprises Fannie Mae and Freddie Mac, saying the move would help reduce mortgage rates and achieve huge synergies both...

Trump aiming for IPOs of Fannie Mae, Freddie Mac this year — valuing firms at $500B combined: report

Fannie Mae and Freddie Mac have been under federal conservatorship since 2008 following the financial crisis.

Jerome Powell 'considering resigning' as pressure grows over lavish $2.5B 'Palace of Versailles' HQ

The Trump aide said Powell's departure would be "the right decision for America, and the economy will boom."

Trump v. California on women’s sports, a risky mortgage retread, and other commentary

The 2028 Los Angeles Olympics will become “a slow-motion car crash” over the issue of transgender athletes in women’s sports, The Spectator's Jennifer Sey warns.

Trump 'very seriously' weighs taking Fannie Mae, Freddie Mac public after years of government control

Analysts have said the move could send serious profits toward the government, while also warning it could slam mortgage rates. 

Hedge fund hotshot Richard Perry stages epic comeback at 70

The sharp-dressed 70-year-old -- a Goldman Sachs alum who famously favored pricey Thom Browne suits with skinny ties and shrunken-looking trousers -- will team up with his former right-hand man,...

Mortgage rates rise for second straight week, highest since July

Highest rate this year was reached at the beginning of May.

Joe Biden is once again taking a 'wrecking ball' to America's housing market

Joe Biden is wrecking the housing market by ditching things such as proper title insurance.

Here's how homebuyers could save $1,000 on closing costs with new US-sponsored plan

Going forward, homebuyers can opt to use an "Attorney Opinion Letter," in which a real estate confirms that there are no problems with a property’s title, rather than pay title...

Mortgage rates plunge to lowest level since September

Mortgage buyer Freddie Mac reported that the average on the benchmark 30-year rate fell to 6.15% from 6.33% last week.

Mortgage rates fall for fourth straight week ahead of Fed meeting

The average long-term rate sat at 7.08% in early November, but has since had the steepest 4-week decline since 2008.

Mortgage rates jump to 5.89%, highest since 2008

Many potential home buyers are getting pushed out of the market.

Mortgage rates climb to 5.66%, showing no relief for housing market

Average long-term US mortgage rates rose to 5.66% this week, showing no relief for a cramped housing market.

Mortgage rates dip as recession fears rattle housing market: Freddie Mac

“Purchase demand continues to tumble," according to Freddie Mac chief economist Sam Khater.

Meme investors should heed ‘manic’ lesson of Fannie-Freddie collapse

The collapse of Fannie Mae and Freddie Mac should serve as a cautionary tale to illogical investors looking to hop onto meme stocks like AMC Entertainment and Gamestop, Charles Gasparino...

Housing may again be behind the 2008-ball

We seem to be living in an era of the unexpected disaster: A virus that suddenly shuts down the US economy and ends life as we know it. A banking...

Benchmark 30-year mortgage rate drops to record low 2.66%

US long-term mortgage rates dropped this week to a record low for the 16th time in 2020, reflecting an economy hard hit by the coronavirus pandemic. Mortgage giant Freddie Mac...

Mortgage rate hits record low of 3.29 percent

The average rate on a 30-year fixed mortgage has hit a record low of 3.29 percent, driven down by investors shifting money into the safety of US Treasurys as the...

Trump’s key step toward avoiding another mortgage meltdown

President Trump is certainly right to demand major changes in the way the government helps Americans buy homes. But will his team go far enough? On Wednesday, Trump directed regulators...

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