Freddie Mac plans to stay on NYSE
BizJournals - Tue Dec 2, 5:09 pm ESTA day after Fannie Mae told the New York Stock Exchange that it intends to meet the continued listing standard, Freddie Mac did the same. (FRE)
Real Estate and Housing
145203 Stories, most recent news story added 1 hour, 7 minutes ago
News Stories
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Freddie Mac Provides $38M for Nebraska M-F
Commercial Property News - 1 hour, 7 minutes agoFreddie Mac has purchased a $38.7 million mortgage from Holiday Fenoglio Fowler L.P., paving the way for the developer of a 612-unit Lincoln, Neb., apartment community to retire construction financing for the project.
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Freddie Mac plans to meet NYSE listing rules
AP via Yahoo! Finance - Tue Dec 2, 4:59 pm ESTMortgage finance company Freddie Mac said Tuesday it has told the New York Stock Exchange it plans meet listing requirements by May 18, possibly through a reverse stock split, to prevent itself from being delisted.
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Mortgage applications post largest gain ever
Reuters via Yahoo! News - 1 hour, 53 minutes agoMortgage applications surged by the largest amount on record last week as a new Federal Reserve program pushed interest rates down to their lowest level in more than 3 years, data from an industry group showed on Wednesday.
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Mortgage application, refinance volume surge
AP via Yahoo! News - Wed Dec 3, 10:30 am ESTMortgage application volume more than doubled during the shortened Thanksgiving week, according to the Mortgage Bankers Association's weekly application survey.
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Freddie Mac mulls reverse stock split
CNN Money - Tue Dec 2, 5:34 pm ESTThe government-sponsored mortgage lender says it plans to meet NYSE listing requirements.
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Mortgage applications more than double
CNN Money - Wed Dec 3, 9:49 am ESTMortgage applications more than doubled last week, a mortgage bankers' group said Wednesday, as government bailouts led to sinking interest rates that made refinancing especially more attractive.
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FHA Insurance Fund Has Fallen 39 Percent
Washington Post - Wed Dec 3, 9:24 am ESTThe Federal Housing Administration's fund to cover losses on the mortgages it insures is shrinking, but remains above the point where taxpayers would need to kick in money to cover defaults, according to an independent audit of the agency's financial soundness.
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Fannie Mae sells $2 bln bills at mixed rates
The Forex Market - Wed Dec 3, 10:15 am ESTNEW YORK, Dec 3 (Reuters) - Fannie Mae sold on Wednesday $2 billion in bills at mixed interest rates compared with sales of the same maturities and size a week ago.
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Big rate drop sends mortgage applications soaring
Market Watch - Wed Dec 3, 7:56 am ESTMortgage applications filed last week rose a seasonally adjusted 112.1%, compared with the week before, as borrowers rushed to lock in lower rates, according to the Mortgage Bankers Association’s weekly survey.
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Private jobs report signals recession taking toll
Reuters via Yahoo! News - 2 hours, 56 minutes agoPrivate employers slashed an unexpectedly high 250,000 jobs in November, the most in seven years, while third-quarter labor costs rose less than first thought, in the latest signs the job market is nowhere near a bottom as the U.S. recession enters its second year.
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Mortgage rates fall, applications rise
The Cincinnati Enquirer - 1 hour, 47 minutes agoSome fixed-rate mortgages tumbled more than a half percentage point last week and mortgage application volume more than doubled during the shortened Thanksgiving week, the Mortgage Bankers Association said today.
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Fannie Mae Announces 2009 Benchmark Securities(R) Issuance Calendar
PR Newswire via Yahoo! Finance - Wed Dec 3, 8:38 am ESTFannie Mae today announced that its 2009 Benchmark Securities® issuance calendar is available on its Web site at http://www.fanniemae.com. The calendar is designed to assist investors and other market participants in incorporating Fannie Mae Benchmark Securities into their ongoing investing, trading, hedging and financing strategies.
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Who Will Own Fannie, Freddie Next — FHLBs?
Financial Planning.com - Wed Dec 3, 10:26 am ESTIn one of the more unusual marriages that could result from the financial crisis, buzz is growing that the Federal Home Loan banks might purchase the government-controlled Fannie Mae and Freddie Mac.
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Mortgage applications skyrocket in week
UPI - 1 hour, 15 minutes agoWASHINGTON, Dec. 3 (UPI) -- The volume of applications for U.S. mortgages jumped 112.1 percent last week, due to a big drop in interest rates, an industry group said.
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More Economic Doom And Gloom
Forbes - 2 hours, 23 minutes agoAccording to newly released data, U.S. jobs are still taking a hit, along with the services sector.
Video
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Roseville Real Estate Company Files For Bankruptcy
CBS 13 / CW 31 Sacramento - Tue Dec 2, 1:39 am EST -
Shuffle for Capitol office space begins
KVUE-TV Austin - Mon Dec 1, 7:36 pm EST -
Developer and bank join forces to sell homes
KING5 Seattle - Tue Dec 2, 8:54 pm EST -
Gov't rejected tougher mortgage rules in 2005
AP - Mon Dec 1, 5:12 am EST
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