Freddie Mac (OTCQB: FMCC) announced today it will offer approximately $290 million in non-performing loans (NPL) for sale via auction. The NPLs being offered consist of seasoned, deeply delinquent ...

Advisors to this transaction are Citigroup Global Markets Inc. and BofA Securities, Inc., as co-lead managers and joint bookrunners, and Nomura Securities International, Inc., Oppenheimer & Co. Inc., ...

Freddie Mac's net income for the full year reached $11.9 billion, marking a 13% increase year-over-year. The company's mortgage portfolio expanded to $3.6 trillion, a 3% increase from the previous ...

Freddie Mac recorded a net income of $3.2 billion for Q4 2024 and $11.9 billion for the full year 2024, it reported this morning. The full-year net income figure marked an increase of 13% from 2023.

This allows Freddie Mac to cut the note up into multiple pieces or pools but, to the Borrower, the Loan will still function as a single note with one regular payment. Most of the documents have a ...

Freddie Mac (OTCQB:FMCC)'s Q4 net income rose from both the prior quarter and a year ago as net interest income and net investment gains boosted revenue. The company's stock gained 1.3% in ...

Mortgage rates fell for a seventh consecutive week to the lowest level since December, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market Survey, released ...

Fannie Mae and Freddie Mac help keep the mortgage market stable by buying home loans, selling mortgage-backed securities and establishing lending guidelines. The Trump administration wants to turn ...

MCLEAN, Va., Feb. 13, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today reported its Fourth Quarter and Full-Year 2024 financial results and filed its Annual Report on Form 10-K with the U ...

Fannie Mae and Freddie Mac, two pillars of the U.S. mortgage market, are currently controlled by the federal government. Some in Washington, D.C. expect President Trump to push for the end of ...

Freddie Mac reports the 30-year fixed mortgage rate averaged 6.85% for the week ending Feb. 20 — down from 6.87% last week. U.S. mortgage rates dropped for another consecutive week. That's the ...