Ackman Could See $1 Billion Gain on Fannie Mae, Freddie Mac Investments
Investor Bill Ackman could have made close to $1 billion from his investments in mortgage giants Fannie Mae and Freddie Mac.
The Lock-In Effect Is Real: More Than 80% of Mortgages Have a Sub-6% Rate—and These Homeowners Aren’t Selling Anytime Soon
New York City school teacher Joann Mariani had no idea how extraordinary her timing was when she was shopping for a home in ...
Average US long-term mortgage rate inches up to 6.93% this week for fourth straight increase
The average long-term U.S. mortgage rate ticked up again this week, remaining at its highest level since July.
Freddie Mac: What Is Bill Ackman's Strategy?
Federal Home Loan Mortgage Corporation (Freddie Mac) may see big gains with privatization. Find out why FMCC stock could be a ...
Freddie Mac promotes interim finance chief to CFO
The mortgage finance giant’s new CFO James Whitlinger’s annualized target total direct compensation will be $2.4 million, ...
Donald Trump Could Privatize Fannie Mae and Freddie Mac: What It Means for Your Mortgage
Fannie Mae and Freddie Mac, the government-backed mortgage giants, could be headed for privatization under Donald Trump‘s ...
US 30-year fixed-rate mortgage rate hovers just under 7%
U.S. mortgage rates increased to a fresh six-month high this week, a trend that together with elevated house prices could ...
30-Year Mortgage Rates March in Place for Third Day
For the third day in a row, 30-year new mortgage rates held just below an unwelcome threshold. Meanwhile, rate movement was ...
Los Angeles wildfire costs double to $20 billion overnight for insurers
The potential cost for insurers of the devastation caus Los Angeles wildfires is now expected to surpass $20 billion, ...
Fannie Mae, Freddie Mac shares surge after federal agencies reveal privatization path
Shares of Fannie Mae and Freddie Mac , the mortgage giants under U.S. government control since 2008, surged to multi-year ...
Freddie Mac Multifamily Issued $56 Billion in 2024 Securities
Freddie Mac (OTCQB: FMCC) issued $56 billion of securities through its multifamily risk transfer platform in 2024, transferring interest rate risk, liquidity risk and the majority of expected credit ...