Fannie Mae and Freddie Mac

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Zacks Analyst Blog Highlights: Bank of America, MGIC, Fannie Mae, Freddie Mac and Hewlett-Packard

Zacks.com - Wed Nov 25, 7:56 am ET

Zacks Analyst Blog Highlights: Bank of America, MGIC, Fannie Mae, Freddie Mac and Hewlett-Packard

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Fannie Mae to tighten lending standards: report
Reuters via Yahoo! News - Thu Nov 26, 6:07 am ET
Fannie Mae plans to raise minimum credit score requirements next month and limit the amount of overall debt that borrowers can carry relative to their incomes, The Washington Post reported on Thursday.
Fannie Mae to tighten mortgage lending standards
Washington Post - Thu Nov 26, 12:00 am ET
Fannie Mae, the giant mortgage finance company that helps shape lending guidelines, plans next month to raise minimum credit score requirements and limit the amount of overall debt that borrowers can carry relative to their incomes.
Fannie Mae to tighten lending standards
UPI - Thu Nov 26, 10:28 am ET
WASHINGTON, Nov. 26 (UPI) -- Fannie Mae, the giant mortgage finance company that helps shape lending guidelines, plans more crackdowns next month to further tighten lending practices.
Freddie Mac loan defaults rise to record 3.54 percent as holdings fall
Asbury Park Press - Thu Nov 26, 7:16 pm ET
Freddie Mac, the mortgage-finance company under government control, said defaults among its loans rose to a record 3.54 percent last month, while its portfolio of residential assets fell at an annualized rate of 21.6 percent.
UPI NewsTrack Business
UPI - Thu Nov 26, 5:53 pm ET
U.S. retailers break Thanksgiving taboo … Fannie Mae to tighten lending standards … Unemployment expected to rise in Britain … U.S. dollar value slips against yen ... News from United Press International.
NEWS BRIEFS
The Columbus Dispatch - 1 hour 29 minutes ago
McLEAN, VA. Mortgage rates fall, matching record lows The average interest rate for a 30-year fixed mortgage fell this week to a record low set in the spring and more than a full percentage point lower than a year ago, said Freddie Mac, which has tracked rates since 1971.
US-BUSINESS Summary
Washington Post - Thu Nov 26, 4:12 pm ET
Dubai debt difficulties hammer stocks LONDON (Reuters) - Debt problems in Dubai struck financial markets hard on Thursday, sinking global stocks, lifting safe-haven bonds and driving the dollar higher. Gold climbed to a new record high but fell back as the dollar rose. European shares had their...
Freddie Mac: Avg 30-year Fixed Mortgage Rate 4.78%
Fox News - Wed Nov 25, 11:12 am ET
Freddie Mac: Avg 30-year Fixed Mortgage Rate 4.78%
Fannie Mae To Tighten Credit Score, Debt Requirements For Borrowers -WP
Nasdaq - Wed Nov 25, 7:17 pm ET
Fannie Mae (FNM) plans to raise minimum credit score requirements for mortgages and limit the total debt that borrowers can carry relative to their incomes, The Washington Post reports Wednesday.
Realty Q&A: Why money launderers might want your home
Market Watch - Fri Nov 27, 12:26 am ET
I am a broker in Irvine, Calif. I recently sold a home which drew five offers in five days. In reviewing the buyers' financials for all five offers, I noticed that most of their accounts showed a number of large deposits over the previous 30 days from overseas.
Avoid Foreclosure: Properly Handling An Underwater Mortgage
Investopedia via Yahoo! Finance - Thu Nov 26, 4:01 pm ET
Foreclosure is the biggest fear of any struggling homeowner. These tips just might save your credit rating.
Fannie Mae: No investors for 15 days
AP via Yahoo! News - Tue Nov 24, 4:22 pm ET
Fannie Mae says it won't consider offers from investors to buy its foreclosed properties until they have been on the market for 15 days.
HOUSING: Fannie Mae gives owner-occupants first dibs on homes
North County Times - Wed Nov 25, 4:00 pm ET
Fannie Mae has some encouragement for would-be homeowners tiredof being beaten to the punch by investors.
Rates on 30-year mortgages match record low
Asbury Park Press - Thu Nov 26, 7:21 pm ET
MCLEAN, VA. — Freddie Mac reports that average rates for 30-year fixed mortgages have matched a record low of 4.78 percent this week.
More Woes for London Stock Exchange
BusinessWeek - Thu Nov 26, 11:08 am ET
Xavier Rolet, the London Stock Exchange's chief executive, hasn't had a good week. On Nov. 26, technical glitches halted trading on the 300-year-old bourse, leaving traders unable to execute deals after 10:35am London time. That's the second time technical problems have stopped LSE trading this ...