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 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.
Zacks Analyst Blog Highlights: Bank of America, MGIC, Fannie Mae, Freddie Mac and Hewlett-Packard
Business Wire via Yahoo! Finance - Wed Nov 25, 5:00 pm ET
CHICAGO----Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets.
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 ...
LSE resumes trading after three-hour halt
Market Watch - Thu Nov 26, 8:10 am ET
Trading on the London Stock Exchange resumes after glitches force a halt lasting more than three hours.
US-BUSINESS Summary
Washington Post - Thu Nov 26, 2:05 am ET
Dollar hits 14-year low vs. yen, gold at new high HONG KONG (Reuters) - The dollar slumped to a 14-year low against the yen on Thursday, helping gold scale another record high, while Asian stocks faltered as investors digested a mixed batch of economic data. Financial bookmakers expected European...
Business briefs
Chicago Sun-Times - Thu Nov 26, 6:01 am ET
30-year mortgage rates fallAverage rates for 30-year fixed mortgages fell this week, matching a record low set last spring and more than a full percentage point below what they were a year ago, Freddie Mac said Wednesday.The rate averaged 4.78 percent this week, down from 5.97 percent a year earlier and from 4.83 percent last week. On a $200,000 mortgage, the lower year-over-year rate translates ...
30-year mortgage rate lowest in seven months
Chicago Sun-Times - Thu Nov 26, 6:00 am ET
It was cheaper to buy a house again this week as the average 30-year, fixed mortgage rate hit the lowest level in nearly seven months, according to mortgage giant Freddie Mac .
Mortgage rates drop to record low
Los Angeles Times - Thu Nov 26, 1:00 am ET
The average rate on a 30-year fixed-rate mortgage fell to 4.78% in the week that ended Wednesday, matching a record set in April, Freddie Mac says. You could say Christmas has arrived early for people shopping for a home loan, with mortgage rates at or near record lows.
Rates on 30-year mortgages sink, match record low
San Francisco Chronicle - Wed Nov 25, 12:10 pm ET
Average rates for 30-year fixed mortgages fell this week, matching a record low set last spring and more than a full percentage point below what they were a year ago, Freddie Mac said Wednesday. Rates for 30-year mortgages averaged 4.78 percent this week,... Freddie Mac - Mortgage - Fannie Mae - United States - Macintosh
Higher loan limits extended
The Record and Herald News - Thu Nov 26, 1:27 am ET
The National Association of Realtors thanked Congress for speedy action in passing a congressional resolution recently that would extend the current higher Fannie Mae, Freddie Mac, and FHA loan limits through 2010.