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Wells Fargo to pay Freddie Mac $869m

2013-10-01 03:20:20| BBC News | Business | UK Edition

Wells Fargo, the largest US mortgage lender, agrees a settlement with Freddie Mac to resolve claims over faulty loans it sold to the firm.

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Citigroup to pay Freddie Mac $395m

2013-09-26 02:54:41| BBC News | Business | UK Edition

US banking giant Citigroup agrees to pay $395m (245m) to Freddie Mac to settle claims of potential flaws in mortgages it sold to the firm.

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The Road Ahead for Fannie and Freddie

2013-08-09 18:56:00| National Real Estate Investor

The likely fate of Fannie Mae, Freddie Mac and much of the multifamily lending business became much clearer on Tuesday, when President Obama endorsed a reform plan already underway in the U.S. Senate. read more

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Obama says it is time to wind down Fannie and Freddie

2013-08-07 01:30:21| Real Estate - Topix.net

Almost five years after taxpayers bailed out mortgage giants Fannie Mae and Freddie Mac, President Obama said on Tuesday that it's time for private investors to take a bigger role in the mortgage market.

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10 Disrupters: Fannie, Freddie Face Foggy Forecast

2013-06-25 20:55:00| National Real Estate Investor

The impact of FHFAs mandated acquisition reduction remains unclear. When the Federal Housing Finance Agency (FHFA) announced a mandated 10 percent reduction in Fannie Mae and Freddie Macs new multifamily acquisitions, borrowers and lenders didnt know what to think. Some were blindsided while others had expected it for a while. read more

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