FREDDIE MAC

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Mortgage rates rise 2nd straight week: Freddie Mac

U.S. mortgage rates rose for a second straight week, a trend that could continue as key support from the government ceases at the end of the month, a closely watched mortgage survey showed on Thursday.
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House GOP calls for Fannie, Freddie phase out

Republicans in the House of Representatives on Friday recommended the country's top two mortgage finance companies, the recipients of a massive government bailout during the height of the financial crisis, be phased out in four years in order to restore stability to the housing market.
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Fed's Bernanke sees U.S. backing Fannie, Freddie debt

Current Fannie Mae and Freddie Mac mortgage-backed securities are likely to retain U.S. government backing should Congress create a new system for financing U.S. homes, Federal Reserve Board Chairman Ben Bernanke said on Wednesday.
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Geithner urges reform on housing finance market

Treasury Secretary Timothy Geithner said on Wednesday that fundamental reform of the government's role in the housing finance market is needed and it will be next year before proposals are ready for Congress.
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Fed to linger in agency MBS market after exit

Now that the U.S. Federal Reserve has nearly finished its massive mortgage bond buying spree, its huge portfolio could be used to tighten credit if and when the economy begins to show real signs of recovery.
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Fannie Mae specifies MBS loan buyouts for March

Fannie Mae, the largest provider of funding for U.S. residential loans, on Monday said it would purchase up to 200,000 delinquent loans from its mortgage-backed securities in March as it sought to clarify a new policy that has roiled the market.
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Jobs market to support housing post incentives

The U.S. government will pull the plug soon on a popular tax credit that has helped prop up the struggling housing sector amid hope that a pickup in hiring will give the market a fresh shot of life.
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Fed's Bullard: Housing should be key in reg reform

The Obama administration and U.S. lawmakers are missing an opportunity to revamp the U.S. housing finance system, which should be central to regulatory reform, a top Federal Reserve official said in an interview on Monday.
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US 30-yr mortgage rates keep hovering around 5 pct

U.S. fixed mortgage rates eked out small increases in the past week, but the average 30-year loan held at around 5 percent, fostering affordability, home funding company Freddie Mac said on Thursday.
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Fannie, Freddie get credit line; no word on future

The Obama administration on Monday laid out credit provisions for Fannie Mae and Freddie Mac under its fiscal year 2011 budget proposal, but did not deliver a vision for the future of the money-losing mortgage finance giants.
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US mortgage pros measured on private capital return

Mortgage securities are not expected to return to any significant growth until 2011, despite efforts to restart the market that provided much of the residential credit during the housing boom, according to a industry survey released on Monday.

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