Mortgage giants Fannie Mae, Freddie Mac to delist shares from NYSE – San Jose Mercury News

NEW YORK (AP) — Government-sponsored mortgage purchasers Fannie Mae and Freddie Mac plan to delist their shares from the New York Stock Exchange. The companies’ regulator, the Federal Housing Finance Agency, said …
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More Mortgage Stuff:

Mortgage giants Fannie Mae, Freddie Mac proving too big to shrink – San Jose Mercury News
WASHINGTON — The government’s Christmas Eve pledge of unlimited financial aid to mortgage giants Fannie Mae and Freddie Mac is aimed at making sure the housing market doesn’t take another turn for the worse and cause the economic recovery to … Go to Source…

Mortgage giants Fannie Mae and Freddie Mac can’t continue in their current form – Kansas City Star
… Congress was a plan for dealing with the moribund mortgage giants Fannie Mae and Freddie Mac, seized by the government nearly two years … At a recent Washington conference involving the major players in housing, Go to Source…

FHFA Releases Key Data on Fannie Mae and Freddie Mac Single-Family Mortgages for … – RealEstateRama
Washington, DC – September 13, 2010 – (RealEstateRama) — In an effort to inform the current discussion on the future of the housing finance system, the Federal Housing Finance Agency (FHFA) today … Go to Source…

Mortgage group spent $1.12M on 2Q lobbying – San Jose Mercury News
WASHINGTON—The Mortgage Insurance Companies of America spent $1.12 million to lobby the federal government on housing, insurance and other issues in the second quarter of 2011, according to a disclosure report. That’s up about 11 percent from the $1.01 … Go to Source…

Fla. mortgage exec on trial for alleged $2B fraud – San Jose Mercury News
ALEXANDRIA, Va.—Prosecutors on Monday accused the owner of what had been one of the nation’s largest private mortgage companies of lying and stealing on a staggering scale at the outset of a trial involving the national housing crisis. Lee B. Farkas, the … Go to Source…

Regulators Seek New Rules for Mortgage Servicers – BusinessWeek
Jan. 18 (Bloomberg) — U.S. housing regulators said they will seek to implement a new fee system and standards for mortgage-servicing companies by the summer of 2012. The Federal Housing Finance Agency has directed Fannie Mae and Freddie Mac to work with … Go to Source…

Mortgage rates rise to 4.4 percent as Treasury yields climb – San Jose Mercury News
NEW YORK — Rates on fixed mortgages edged up this week, inching further away from the lowest level in decades. Freddie Mac said Wednesday the average rate for 30-year fixed loans rose to 4.40 percent from 4.39 percent last week. Two weeks ago, the rate … Go to Source…

Congress extends mortgage limits – San Jose Mercury News
Congress on Thursday extended a policy that allows homeowners in pricey real estate markets to secure government-backed mortgages of nearly $730,000. Lawmakers have voted to keep the maximum size of loans guaranteed by Fannie Mae and Freddie Mac and the … Go to Source…

Congress extends mortgage limits – San Jose Mercury News
Congress on Thursday extended a policy that allows homeowners in pricey real estate markets to secure government-backed mortgages of nearly $730,000. Lawmakers have voted to keep the maximum size of loans guaranteed by Fannie Mae and Freddie Mac and the … Go to Source…

Mortgage financier Freddie Mac to buy back soured mortgages contained … – Los Angeles Times
That gave Fannie and Freddie more leeway to buy back delinquent loans. “It is my expectation that any net additions to their retained mortgage portfolios would be related to this activity,” the companies’ chief regulator, Edward DeMarco, said in a … Go to Source…

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