Freddie Mac (OTCQB: FMCC) today announced it sold via auction 28 deeply delinquent non-performing residential first lien loans (NPLs) from its mortgage-related investments portfolio to VRMTG ACQ, LLC.

“The average 30-year fixed-rate mortgage continues to trend down, remaining under 7% for the twelfth consecutive week,” said Sam Khater, Freddie Mac’s Chief Economist. “As purchase applications ...

Luckily, there are some home loan programs, including Freddie Mac Home Possible, designed to help borrowers who might not meet traditional requirements. Learn more about the advantages and ...

Since this FHFA directive was issued yesterday, there's been some fervent speculation among mortgage loan originators that it would dismantle Freddie Mac's Home Possible mortgage program, which offers ...

The latest blacklist tally means it’s likely having a wider impact in South Florida and the rest of the state than previously ...

Freddie Mac Home Possible Home Possible is Freddie Mac’s loan program for homebuyers with income up to 80% of the area median. The down payment can be as low as 3%, and you can fund it with ...

This helps keep the mortgage market running by freeing up capital for banks to write more home loans. On Monday, Mr. Pulte ousted 14 board members at Fannie Mae and Freddie Mac, and named himself ...

Headquarters images courtesy of Fannie Mae and Freddie Mac The odds of Fannie Mae and Freddie ... an SWF gives those shares a viable forever home whereby the Treasury would have no pressure ...

according to Freddie Mac. So a 7% rate is on par with the historical average since 1980. The best move you can make to keep your home purchase affordable is to save up as much as possible for a ...

The ideal time to sell your home may be fast approaching ... flat from 6.63% the week before, according to Freddie Mac data via the Federal Reserve. The mortgage rate lock-in effect ...

Freddie Mac: Expect rates ... an optimal rate on a home loan can save you a significant amount of money over time. Here are some tips that can help you get the best rate possible for your ...