Freddie Mac | featured news

Mortgage rates generally fell again this week, with the average rate on 30-year fixed-rate mortgages reaching the lowest level in at least 38 years, according to Freddie Mac's weekly survey.

Freddie Mac's losses narrowed to $6.3 billion in the third quarter, but the government-controlled mortgage finance company didn't ...

Rates can fall to 2%--if you know how to play the game.

Freddie Mac reported a surprising profit in the second quarter, but the profit turned to a loss for shareholders after the company paid the U.S. government a $1.1 billion dividend.

The Obama administration launched a broad government effort this week to overhaul mortgage giants Fannie Mae and Freddie Mac and is considering splitting the companies and putting their troubled assets in a new federally backed corporation, administration officials said.

Mortgage rates fell this week, with the average rate on 15-year fixed-rate mortgages dropping back below 5%, according to Freddie Mac's (FRE) weekly survey of mortgage rates released Thursday.

The FBI is looking into a report that Freddie Mac improperly deferred billions of dollars of losses incurred from 2001 through 2004.

The Freddie Mac executive who apparently committed suicide had asked to take time off from work to deal with job-related stress, a person familiar with the matter told Reuters on Thursday.

The company’s acting chief financial officer, David B. Kellermann, was found dead in his Virginia home, in an apparent suicide.

Fannie Mae is due to pay retention bonuses of as much $470,000 to $611,000 this year to some executives despite enormous losses. Freddie Mac also plans to pay such bonuses but hasn't yet provided details.