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MCLEAN, Va., April 14, 2025 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced it sold via auction 28 deeply delinquent non-performing residential first lien loans (NPLs) from its ...

In the wake of the 2008 financial crisis, the Federal Housing Finance Agency (FHFA) placed Freddie Mac and Fannie Mae under the conservatorship of the federal government, where it remains today.

The upheaval at Fannie and Freddie comes amid housing regulator Bill Pulte’s quest to root out fraud in the mortgage market.

Freddie Mac (FMCC) sold via auction 28 deeply delinquent non-performing residential first lien loans from its mortgage-related investments portfolio to VRMTG ACQ,. The loans, with a balance of ...

Senate Democrats on the Committee on Banking, Housing and Urban Affairs sent a letter Tuesday to the FHFA's Office of Inspector General, asking it to probe several moves. Those include the reshuffling ...

“As regulator of Fannie Mae, Freddie Mac, and the federal home loan banks, we take very seriously allegations of mortgage fraud or other criminal activity,” the FHFA letter underscores. The agency ...

Supporters say Fannie and Freddie provide an anchor for a market suffering under elevated interest rates and a shortage of affordable residences.

The director of the Federal Housing Finance Agency announced the advent of a ... Pulte appointed himself chair of both Fannie Mae and Freddie Mac and removed 14 board members at the agencies.

MCLEAN, Va. (AP) — Freddie Mac says the average rate on a 30-year mortgage rose to 6.83% this week, its highest level in eight weeks. Three men face multiple drug felonies after being arrested ...

Selling off Fannie Mae and Freddie Mac, which together back about ... A month into his tenure, Federal Housing Finance Agency Director Bill Pulte has fired the majority of Fannie and Freddie ...