Fannie Mae and Freddie Mac might finally be headed for an exit from government conservatorship, almost 17 years after being taken over by the federal government in the 2008 financial crisis.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.81%. ?Mortgage rates moved lower, with the average 30-year fixed rate reaching a four-week low,? said Sam Khater, Freddie Mac?s Chief Economist.
Member Impact Fund Grant Program Supports Affordable Housing and Community Development? ? ??. TopLine Financial Credit Union, a Twin Cities-based member-owned financial services cooperative, in partnership with Federal Home Loan Bank of Des Moines, is pleased to announce that four Minnesota community non-profit organizations will each receive a $10,000 grant from the Member Impact Fund, for a t...
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.84%. ?Mortgage rates have moved within a narrow range for the past few months and this week is no different,? said Sam Khater, Freddie Mac?s Chief Economist.
Billionaire hedge fund manager Bill Ackman is once again highlighting what he sees as one of the Federal Government?s most overlooked assets, its stake in mortgage finance giants, the Federal National Mortgage Association (FNMA) or Fannie Mae, and the Federal Home Loan Mortgage Corporation (FMCC), or Freddie Mac.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.85%. "The average mortgage rate decreased this week, which is welcome news to potential homebuyers who also are seeing inventory improve and house price growth slow,? said Sam Khater, Freddie Mac?s Chief Economist.
Greystone, a leading national commercial real estate finance company, has provided a $58.6 million Freddie Mac Workforce Preservation program loan to refinance a 427-unit multifamily property in Elk Grove Village, Illinois. Built in 1968, Terraces of Elk Grove in Cook County is a garden-style community consisting of nine apartment buildings, including a clubhouse, with one- and two-bedroom units.
The Federal Home Loan Bank of Des Moines has awarded $20 million to 174 financial institution members to be distributed alongside their own grant contributions to hundreds of eligible not-for-profit and government organizations in Minnesota.
The Federal Home Loan Bank of San Francisco today released its 2024 Impact Report, which shines a spotlight on the privately capitalized cooperative wholesale bank?s daily support for local financial institution members; $103.3 million in grants awarded for affordable housing, homeownership, and economic development; robust engagement with stakeholders; and a workforce empowered to meet the evo...
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.89%. ?This week, the 30-year fixed-rate mortgage rose slightly higher,? said Sam Khater, Freddie Mac?s Chief Economist.
?Freddie Mac today posted to its website its Monthly Volume Summary for April 2025, which provides information on Freddie Mac?s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments. Freddie Mac?s mission is to make home possible for families across the nation.
Federal National Mortgage Association (FNMA), aka Fannie Mae, shares were trading up 2.09% to $10.77 Wednesday afternoon following an announcement and a statement from President Donald Trump. What to Know: Shares gained Wednesday after Trump said he was working on taking the housing giants public, while clarifying that the U.S. Government would retain its implicit guarantees.
Tech stocks were mixed late Wednesday afternoon with the Technology Select Sector SPDR Fund little changed and the SPDR S&P Semiconductor ETF easing 0.1%. The Philadelphia Semiconductor index added 0.2%. In sector news, Nvidia's (NVDA) fiscal Q1 earnings are due after the bell. In corporate news, Palantir (PLTR) plans to collaborate with Fannie Mae to launch an AI-backed crime detection unit.
Tech stocks were mixed late Wednesday afternoon with the Technology Select Sector SPDR Fund little changed and the SPDR S&P Semiconductor ETF easing 0.1%. The Philadelphia Semiconductor index added 0.2%. In sector news, Nvidia's (NVDA) fiscal Q1 earnings are due after the bell. In corporate news, Palantir (PLTR) plans to collaborate with Fannie Mae to launch an AI-backed crime detection unit.
Palantir Technologies (PLTR) is collaborating with Fannie Mae to launch an artificial intelligence-powered Crime Detection Unit, Fannie Mae said Wednesday. The new platform will support the detection and prevention of mortgage fraud across the US housing market. Financial terms of the collaboration were not disclosed. Shares of Palantir (PLTR) were up 1.4% in recent trading.
President Donald Trump said Tuesday that his administration is working on taking government-sponsored mortgage agencies Fannie Mae and Freddie Mac public. "I am working on taking these amazing companies public, but I want to be clear, the US government will keep its implicit guarantees, and I will stay strong in my position on overseeing them as president," Trump said in a social media post.
The FHFA's measure of home prices fell by 0.1% in March after a revised flat reading in the previous month, below the 0.1% gain expected in a survey compiled by Bloomberg as of 7:35 am ET. Prices were still up 3.7% from a year earlier in March. Home prices rose by 0.7% in Q1 from the previous quarter and were up 4% from Q1 2024.
Shares of Fannie Mae Inc. and Freddie Mac Inc. are trading higher Thursday after President Donald Trump said he is seriously considering taking the mortgage giants public. What To Know: In a Truth Social post, Trump called the government-sponsored enterprises "very profitable" and said the timing "seems right" to privatize them.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.86%. ?Mortgage rates inched up this week but continue to remain lower than one year ago. News Facts The PMMS? is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit.
Freddie Mac today announced the pricing of the Freddie Mac Seasoned Loans Structured Transaction Trust Series 2025-1, a securitization of approximately $284.2 million including both guaranteed senior and non-guaranteed subordinate securities backed by a pool of seasoned residential mortgage loans.
Greystone, a leading national commercial real estate finance company, has provided a $14,000,000 CMBS loan to refinance a multifamily property portfolio in Brooklyn, NY. The financing was originated by Jason Yuen, Managing Director at Greystone.
UMH Properties, Inc. (UMH) announced that on May 15, 2025 it completed the addition of ten communities containing 2,001 sites, to its Fannie Mae credit facility through Wells Fargo Bank, N.A., for total proceeds of approximately $101.4 million. Samuel A. Landy, President and Chief Executive Officer, commented ?We are proud to complete another addition to our Fannie Mae credit facility.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.81%. "The 30-year fixed-rate mortgage remained below the 7% threshold for the 17th consecutive week,? said Sam Khater, Freddie Mac?s Chief Economist.
Freddie Mac? today announced automations to its underwriting to further reduce costs, create greater efficiency and improve the origination process for both borrowers and lenders.
Gateless, a leading innovator in mortgage automation technology, today announced its integration with Fannie Mae?s Income Calculator. Lenders will benefit from increased opportunities tied to the real-time calculation of qualified income, like operational efficiency, accelerated borrower experience, and lender certainty.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
Log In Required
Publication Date