Topic: Freddie Mac Holdings

Bailed-out U.S. financial stocks surge

NEW YORK (Reuters) - The shares of companies bailed out by the U.S. government during the financial crisis surged on Tuesday, fueled by speculation about money-making asset sales, cheap valuations and a recovery. Citigroup Inc <C.N> stock rose as much as 8.4 percent after a prominent ...
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Mortgage rates fall below 5 percent

Freddie Mac: Rates on 30-year fixed mortgages dip below 5 percent, remain near record lowsMortgages rates have dipped below 5 percent again, four weeks before a government program that is helping keep rates low is scheduled to run out. The average rate on a 30-year fixed rate mortgage was 4 ...
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Republicans want hearing on Fannie/Freddie bailout

NEW YORK (Reuters) - Two key Republicans are urging the House of Representatives to speed up a public hearing to investigate the administration's bailout of home funding giants Fannie Mae and Freddie Mac. In a letter dated March 1, Rep. Darrell Issa, ranking member of the Committee on Oversight and ...
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Fannie, Freddie losses underscore dire US housing sector

The US home mortage sector remains under siege -- as recent huge losses reported by government-run Fannie Mae and Freddie Mac show -- from high unemployment and troubled loans. "Fannie Mae and Freddie Mac are being hit by continuous problems. That pressure is going to continue through the rest of the year ...
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