Topic: Freddie Mac Holdings
Bailed-out U.S. financial stocks surge
Reuters US Online Report Business News
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 ...
Mortgage rates fall below 5 percent
AP News
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 ...
Republicans want hearing on Fannie/Freddie bailout
Reuters US Online Report Politics News
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 ...
Fannie, Freddie losses underscore dire US housing sector
AFP American Edition
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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