Federal National Mortgage Association (FNMA) : * FANNIE MAE REPORTS NET INCOME OF $17.0 BILLION FOR 2024 AND $4.1 BILLION FOR FOURTH QUARTER 2024. * FANNIE MAE Q4 NET REVENUES $7,297 MILLION; Q4 NET INTEREST INCOME $7,182 MILLION Source text: Further company coverage:
Federal National Mortgage Association (FNMA): * FANNIE MAE: CONVENTIONAL SINGLE-FAMILY SERIOUS DELINQUENCY RATE INCREASED 3 BASIS POINTS TO 0.56% IN DECEMBER. * FANNIE MAE: MULTIFAMILY SERIOUS DELINQUENCY RATE DECREASED 3 BASIS POINTS TO 0.57% IN DECEMBER Source text: Further company coverage:
U.S. single-family house prices increased moderately in November as higher mortgage rates curb demand, boosting the supply of homes on the market. House prices rose 0.3% on a month-on-month basis after an upwardly revised 0.5% increase in October, the Federal Housing Finance Agency said on Tuesday. They advanced 4.2% in the 12 months through November, following an unrevised 4.5% gain in October.
U.S. single-family house prices increased moderately in November as higher mortgage rates curb demand, boosting the supply of homes on the market. House prices rose 0.3% on a month-on-month basis after an upwardly revised 0.5% increase in October, the Federal Housing Finance Agency said on Tuesday. They advanced 4.2% in the 12 months through November, following an unrevised 4.5% gain in October.
U.S. President-elect Donald Trump said on Thursday he would nominate Bill Pulte to be the next director of the Federal Housing Finance Agency. "Bill needs no formal introduction to the Great Citizens of our Country, because they have seen, and many have experienced, his philanthropy firsthand," Trump wrote in a post on Truth Social.
U.S. President-elect Donald Trump said on Thursday he would nominate Bill Pulte to be the next director of the Federal Housing Finance Agency. "Bill needs no formal introduction to the Great Citizens of our Country, because they have seen, and many have experienced, his philanthropy firsthand," Trump wrote in a post on Truth Social.
U.S. mortgage rates increased to a fresh six-month high this week, a trend that together with elevated house prices could further squeeze potential buyers from the market. The average rate on the popular 30-year fixed-rate mortgage climbed to 6.93%, the highest level since early July, from 6.91% last week, mortgage finance agency Freddie Mac said on Thursday.
U.S. mortgage rates increased to a fresh six-month high this week, a trend that together with elevated house prices could further squeeze potential buyers from the market. The average rate on the popular 30-year fixed-rate mortgage climbed to 6.93%, the highest level since early July, from 6.91% last week, mortgage finance agency Freddie Mac said on Thursday.
Federal Home Loan Mortgage Corp (FMCC) : * FREDDIE MAC APPOINTS JAMES WHITLINGER CHIEF FINANCIAL OFFICER. * FREDDIE MAC - APPOINTMENT OF JAMES WHITLINGER AS EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, EFFECTIVE JANUARY 1, 2025 Source text: Further company coverage: ;))
Mortgage finance firm Freddie Mac said on Tuesday James Whitlinger, who has been filling in as its interim chief financial officer since June, has taken on the role permanently. In his decade-long stint at the company, Whitlinger has also served as its senior vice president and finance chief of the single-family business.
-Shares of Fannie Mae and Freddie Mac, the mortgage giants under U.S. government control since 2008, surged to multi-year highs on Friday after federal agencies revealed a framework for their "orderly" release from conservatorship.
-Shares of Fannie Mae and Freddie Mac, the mortgage giants under U.S. government control since 2008, surged to multi-year highs on Friday after federal agencies revealed a framework for their "orderly" release from conservatorship.
U.S. mortgage rates jumped to a six-month high this week, suggesting that a recent improvement in home sales could be temporary. The average rate on the popular 30-year fixed-rate mortgage increased to 6.91%, the highest level since early July, from 6.85% last week, mortgage finance agency Freddie Mac said on Thursday.
-Bill Ackman expects U.S. President-elect Donald Trump to remove Fannie Mae and Freddie Mac from conservatorship, potentially making them private companies again, the billionaire investor said on Monday.
-Bill Ackman expects U.S. President-elect Donald Trump to remove Fannie Mae and Freddie Mac from conservatorship, potentially making them private companies again, the billionaire investor said on Monday.
Federal Home Loan Mortgage Corp (FMCC) : * FREDDIE MAC: IN NOV, SINGLE-FAMILY DELINQUENCY RATE ROSE TO 0.56%, MULTIFAMILY DELINQUENCY RATE ROSE TO 0.41% VERSUS.
U.S. mortgage rates dropped to the lowest level in nearly two months this week, a trend that if sustained could boost home sales in the coming months. The average rate on the popular 30-year fixed-rate mortgage fell to 6.60%, the lowest level since the week ending Oct. 24, from 6.69% last week, mortgage finance agency Freddie Mac said on Thursday.
U.S. mortgage rates dropped to the lowest level in nearly two months this week, a trend that if sustained could boost home sales in the coming months. The average rate on the popular 30-year fixed-rate mortgage fell to 6.60%, the lowest level since the week ending Oct. 24, from 6.69% last week, mortgage finance agency Freddie Mac said on Thursday.
Federal Home Loan Mortgage Corp (FMCC) : * FREDDIE MAC - SINGLE-FAMILY DELINQUENCY RATE INCREASED FROM 0.54% IN SEPTEMBER TO 0.55% IN OCTOBER. * FREDDIE MAC - MULTIFAMILY DELINQUENCY RATE INCREASED FROM 0.39% IN SEPT TO 0.40% IN OCT Source text: Further company coverage:
U.S. single-family house prices increased solidly in September, which together with a resurgence in mortgage rates will further reduce affordability for many prospective homeowners. House prices jumped 0.7% on a month-on-month basis after an upwardly revised 0.4% rise in August, the Federal Housing Finance Agency said on Tuesday.
U.S. single-family house prices increased solidly in September, which together with a resurgence in mortgage rates will further reduce affordability for many prospective homeowners. House prices jumped 0.7% on a month-on-month basis after an upwardly revised 0.4% rise in August, the Federal Housing Finance Agency said on Tuesday.
U.S. mortgage rates increased to a four-month high this week, which together with higher home prices could sideline potential buyers from the housing market in the near term. The average rate on the popular 30-year fixed-rate mortgage increased to 6.84%, the highest level since July, from 6.785% last week, mortgage finance agency Freddie Mac said on Thursday.
U.S. mortgage rates increased to a four-month high this week, which together with higher home prices could sideline potential buyers from the housing market in the near term. The average rate on the popular 30-year fixed-rate mortgage increased to 6.84%, the highest level since July, from 6.785% last week, mortgage finance agency Freddie Mac said on Thursday.
Federal Home Loan Mortgage Corp (FMCC) : * FREDDIE MAC MULTIFAMILY LOAN PURCHASE CAP FOR 2025 IS $73 BILLION Source text: Further company coverage: ;))
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