Fannie Mae: No investors for 15 days
AP - Tue Nov 24, 4:22 pm ETFannie Mae says it won't consider offers from investors to buy its foreclosed properties until they have been on the market for 15 days.
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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.
Mortgage finance company Freddie Mac said Monday it could lose $500 million or more as a result of the bankruptcy protection filing of Taylor, Bean & Whitaker Mortgage Corp.
Nov. 24 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage securities fell to the lowest in more than six months, signaling that interest rates on new home loans will decline as the Federal Reserve continues a program in which it plans to buy $1.25 trillion of so-called agency mortgage securities.
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.
(AP:WASHINGTON) 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.
Mortgage finance company Freddie Mac said Monday it could lose $500 million or more as a result of the bankruptcy protection filing of Taylor, Bean & Whitaker Mortgage Corp.
Mortgage finance company Freddie Mac on Monday put its initial loss estimate related to the bankruptcy of Taylor, Bean & Whitaker Mortgage Corp. at $500 million, and noted the figure could be much higher.
Mortgage finance company Freddie Mac said Monday it could lose $500 million or more as a result of the bankruptcy protection filing of Taylor, Bean & Whitaker Mortgage Corp. In a regulatory filing with the Securities and Exchange Commission, government-backed... Freddie Mac - Bankruptcy - United States - Mortgage - U.S. Securities and Exchange Commission
Freddie Mac says losses related to Taylor, Bean bankruptcy 'could be significant'
Mortgage finance company Freddie Mac said Monday it could lose $500 million or more as a result of the bankruptcy protection filing of Taylor, Bean & Whitaker Mortgage Corp.
NEW YORK - Mortgage finance company Freddie Mac on Monday put its initial loss estimate related to the bankruptcy of Taylor, Bean & Whitaker Mortgage Corp. at $500 million, and noted the figure could be much higher.
Fannie Mae said Monday that it named Jonathan Plutzik, a former Credit Suisse executive, to its board directors.
Nov. 24 (Bloomberg) -- Treasuries gained as the Federal Reserve said interest rates would remain near zero for an extended period and a record $42 billion sale of five-year debt drew the strongest demand in over two years.
U.S. home prices rose for the fifth straight month and posted the second quarterly increase, but the pace of appreciation in September slowed and was less than expected, according to Standard & Poor's/Case-Shiller indexes on Tuesday.
Mortgage finance company Freddie Mac said Monday it could lose $500 million or more as a result of the bankruptcy protection filing of Taylor, Bean&Whitaker Mortgage Corp.
(AP:NEW YORK) Mortgage finance company Freddie Mac on Monday put its initial loss estimate related to the bankruptcy of Taylor, Bean & Whitaker Mortgage Corp. at $500 million, and noted the figure could be much higher.