Bill Pulte has taken on a new role as part of his Federal Housing Finance Agency director – he is now doing investor relation pitches for a potential initial public offering (IPO) for Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC). In a series of posts on his...
Mortgage rates declined for the second straight week, according to the Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.27% as of Oct. 16, down from last week when it averaged 6.30%. A year ago at this...
After rising for two weeks, mortgage rates reversed course and declined in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.30% as of Oct. 9, down from last week when it averaged 6.34%. A year...
The Federal Housing Finance Agency (FHFA) has withdrawn three proposed rules put forth during the Biden administration relating to the government-sponsored enterprises and the Federal Home Loan Banks (FHLBanks). The withdrawals involve a 2021 proposed rule that would...
The New York State offices of Fannie Mae (OTCQB: FNMA) and Freddie Mac (OTCQB: FMCC) are reportedly going to be closed due to the “corrupt and dangerous business practices” within the state by New York Attorney General Letitia James. Fox News first...
First Mid to Acquire Evergreen Bancshares in $70.7 Million Regional Bank De…
