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FHFA Gives Conditional Approval of Freddie Mac’s Second Mortgage Purchase Pilot

by Phil Hall | Jun 24, 2024 | Uncategorized

The Federal Housing Finance Agency (FHFA) announced its conditional approval for Freddie Mac (OTCQB: FMCC) to engage in a limited pilot to purchase certain single-family closed-end second mortgages. The conditional approval follows FHFA’s first publication of a...
GOP Lawmakers Question Proposed Freddie Mac Expansion into Second Mortgages

GOP Lawmakers Question Proposed Freddie Mac Expansion into Second Mortgages

by Phil Hall | May 30, 2024 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sen. Tim Scott (R-SC), the ranking member of the Senate Banking Committee, led a coalition of the Committee’s Republican members and 23 members of the House Financial Services to express concern over the proposal to allow Freddie Mac (OTCBQ:FMCC) to purchase and...

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