Freddie Mac has changed the executive overseeing risk across the government-sponsored enterprise, ending Anil Hinduja’s employment and moving longtime capital-markets executive John Glessner into the chief risk officer job. Hinduja’s employment ended effective Oct. 1,...
The Federal Housing Finance Agency is preparing to direct Fannie Mae and Freddie Mac to require mortgage lenders to pull credit data from two of the three national credit bureaus instead of all three, according to a person familiar with the plans cited by Bloomberg...
Mortgage rates surged again this week, with Freddie Mac’s benchmark 30-year fixed rate climbing 25 basis points to 7.28%, its highest reading in nearly three years. The 30-year fixed-rate mortgage averaged 7.28% as of Oct. 1, up from 7.03% a week earlier, according to...
Fannie Mae and Freddie Mac completed 48,439 foreclosure-prevention actions during the second quarter of 2026, according to a new Federal Housing Finance Agency report that offers a fresh look at borrower distress as mortgage rates move back above 7%. The actions...
Mortgage rates pushed through 7% this week for the first time in 20 months, extending a rapid climb that is again tightening affordability for homebuyers. The average rate on a 30-year fixed mortgage rose to 7.03% as of Sept. 24, up from 6.95% a week earlier,...
Inflation Expectations Hit Three-Year High as Rent Outlook Climbs to 6.8%
