|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||2.3200 - 2.4300|
|52 Week Range||0.9800 - 3.0600|
|Beta (3Y Monthly)||4.61|
|PE Ratio (TTM)||2.14|
|Earnings Date||Apr 29, 2019 - May 3, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||1.00|
MCLEAN, Va., April 23, 2019 -- Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are multifamily.
MCLEAN, Va., April 23, 2019 -- Freddie Mac (OTCQB: FMCC) announced today that, beginning in May 2019, its Investor Reporting Change Initiative (IRCI) will revise Single-Family.
Moody's Investors Service (Moody's) has assigned provisional ratings to 22 classes of residential mortgage-backed securities (RMBS) issued by J.P. Morgan Mortgage Trust (JPMMT) 2019-3. The certificates are backed by 591 30-year, fully-amortizing fixed-rate mortgage loans with a total balance of $387,326,703 as of the April 1, 2019 cut-off date. Similar to prior JPMMT transactions, JPMMT 2019-3 includes conforming mortgage loans (39% by loan balance) mostly originated by United Shore Financial Services, LLC d/b/a United Wholesale Mortgage and Shore Mortgage (United Shore), JPMorgan Chase Bank, National Association (Chase), AmeriHome Mortgage Company, LLC (AmeriHome) and LoanDepot.com, LLC (LoanDepot) underwritten to the government sponsored enterprises (GSE) guidelines in addition to prime jumbo non-conforming mortgages purchased by J.P. Morgan Mortgage Acquisition Corp. (JPMMAC), sponsor and mortgage loan seller, from various originators and aggregators.
In the past, extra spending was often financed by borrowing against housing. That’s not happening this time.
Long-term U.S. mortgage rates generally increased this year, though they are still lower than they were a year ago, according to mortgage buyer Freddie Mac.
MCLEAN, Va., April 18, 2019 -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that fixed mortgage rates rose for.
Freddie Mac (FMCC) announced today it has closed a Low-Income Housing Tax Credit (LIHTC) fund with CAHEC and initiated several investments within the fund. The LIHTC program is responsible for financing the vast majority of affordable rental housing across the United States. The Freddie Mac-CAHEC fund will invest in the creation and preservation of affordable rental housing.
A new research approach to measuring people who are buying homes for the first time is welcome to anyone interested in housing issues - and comforting to those who relied on one of the traditional reporting methods, which have consistently undercounted such buyers.
MCLEAN, Va., April 12, 2019 -- Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are backed by underlying.
MCLEAN, Va., April 12, 2019 -- Freddie Mac (OTCQB: FMCC) announces the pricing of the SB61 offering, a multifamily mortgage-backed securitization backed by small balance loans.
MCLEAN, Va., April 12, 2019 -- Freddie Mac (OTCQB: FMCC) announced today an approximate $363 million non-performing loan (NPL) transaction, which is an auction of seasoned.
MCLEAN, Va., April 11, 2019 -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that mortgage rates rose modestly.
Moody's Investors Service ("Moody's") has upgraded the ratings of three tranches from Freddie Mac Whole Loan Securities Trust ("FWLS") 2017-SC01 and 2017-SC02. The collateral pools consist of loans acquired by Freddie Mac from multiple sellers pursuant to the terms of the Freddie Mac Single-Family Seller/Servicer Guide (the Guide). In addition, Freddie Mac, as master servicer, monitors the servicers who service the loans according to the Guide.
Even in what has been a notoriously high-volume sector, March was a particularly strong month for cannabis securities that trade on OTC Markets. Six of the top 10 most active securities in March on the ...
The Freddie Mac (FMCC) Multifamily Apartment Investment Market Index® (AIMI®) fell by more than 3 percent in the fourth quarter of 2018, with Houston, Orlando, and San Francisco experiencing the sharpest declines. The index was down more than 7 percent over the year — a result of interest rates increasing. The annual increase in interest rates was the highest in nearly a decade.
Binner says the current Trump administration is the best chance for meaningful reform for Fannie Mae, but the political realities of a reform plan suggest an uphill battle. Last month, President Trump signed a memorandum initiating housing finance reform.
Mark Calabria was confirmed to take the reins of the Federal Housing Finance Agency Thursday and serve as regulator to Fannie Mae and Freddie Mac.
Calabria, a libertarian economist currently working for Vice President Mike Pence, won lawmakers’ approval in a 52-44 vote along party lines. As head of FHFA, Calabria will be instrumental in the Trump administration’s effort to reform Fannie and Freddie, which have been under federal control since 2008. The president last month signed a memorandum that called on the Treasury Department to come up with a proposal for ending the U.S. conservatorship of the companies, and is essentially a plan to create a plan.
The U.S. Senate on Thursday confirmed President Donald Trump's pick to lead the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac. Mark Calabria, who was confirmed by a vote of 52-44, steps into a critical role in housing finance as Washington is renewing its efforts to overhaul the current system. As FHFA director, Calabria will be charged with overseeing the two government-sponsored enterprises, which guarantee over half of the nation's mortgages.
Mark Calabria was confirmed by a 52-to-44 vote in the Senate to be director of the Federal Housing Finance Agency, the regulator of mortgage giants Fannie Mae and Freddie Mac . Previously Vice President Mike Pence's chief economist and an aide to Sen. Richard Shelby, Calabria will now have broad powers to reshape the mortgage guarantors that were brought under government conservatorship during the financial crisis.
MCLEAN, Va., April 04, 2019 -- Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are multifamily.
Interest rates on U.S. 30-year fixed-rate mortgages edged up from their lowest in over 14 months as bond yields have risen this week on encouraging economic data and optimism on a trade deal between China and the United States, Freddie Mac said on Thursday. Thirty-year mortgage rates averaged 4.08% in the week ended April, up from the prior week's 4.06%, which was the lowest level since Jan. 18, 2018, the mortgage finance agency said. U.S. Treasury yields this week climbed to 1-1/2-week highs as traders pared bond holdings in response to encouraging global economic data and hopes that Washington and Beijing are moving closer to a trade deal.
The Senate on Thursday advanced the nomination of Mark Calabria to be director of the Federal Housing Finance Agency by a 53 to 46 party line, setting up a confirmation vote as early as Thursday afternoon. The FHFA regulates mortgage giants Fannie Mae and Freddie Mac , and Calabria's confirmation is seen as a pivotal moment for housing finance reform efforts.