Freddie Mac

June 3 (Reuters) - Freddie Mac, the No. 2 U.S. home funding company, said it will sell $2.0 billion of reference bills on Monday. Freddie Mac said it plans to sell $1.0 billion of three-month bills due Sept. 3, 2013 and $1.0 billion six-month bills,...

June 3 (Reuters) - Freddie Mac, the No. 2 U.S. home funding company, on Monday said it sold $2.0 billion of reference bills at mixed rates and weaker demand compared with the most recent sales of similar maturities and comparable amounts. Freddie Mac...

NEW YORK (Reuters) - Stocks sold off in late trading to close sharply lower on Friday, with the S&P 500 posting consecutive weekly losses for the first time since November, as investors retreated after a seven-month run of gains. Traders attributed...

In late May, the Congressional Budget Office released its most recent assessment of the cost of the Troubled Asset Relief Program (TARP). This occasioned far less thoughtful discussion of the role of government than it should have, which is unfortunate...

(In Thursday's story, report's authors correct references to number of borrowers in 1st and 2nd paragraphs) WASHINGTON, May 30 (Reuters) - Well over a million U.S. homeowners are months behind on payments on government-backed mortgages, raising the...

WASHINGTON, May 30 (Reuters) - Millions of U.S. homeowners are months behind on payments on government-backed mortgages, raising the risk federal housing agencies will end up facing the cost of managing a fresh flood of foreclosed homes, two government...

Mortgage interest rates have moved much higher than they were just a few weeks ago, and there's consensus that just as home prices have moved off the bottom, so have mortgage rates. On Thursday, Freddie Mac reported that the average rate for a 30-year,...

Mortgage rates have risen half a percentage point since setting record lows last fall, and many economists expect them to continue rising for the foreseeable future. The increase, a reaction to the improving economy and housing markets, could fuel...

Citigroup Inc. has reached a settlement in a suit involving $3.5 billion of mortgage-backed securities, a court filing said Tuesday. The deal with the Federal Housing Finance Agency, which accused the bank of misleading Fannie Mae and Freddie Mac into...

NEW YORK, May 28 (Reuters) - Citigroup Inc has reached a settlement of lawsuit by a federal agency accusing the bank of misleading Fannie Mae and Freddie Mac into buying $3.5 billion of mortgage-backed securities, a court filing said Tuesday. The...

NEW YORK, May 29 (Reuters) - Fund manager Bruce Berkowitz's Fairholme Capital Management is making a big bet on Fannie Mae and Freddie Mac preferred shares, CNBC reported on Wednesday. The cable business network said the mutual fund firm has taken a...