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MCLEAN, Va., Aug. 12, 2024 (GLOBE NEWSWIRE) -- Freddie Mac 's (OTCQB: FMCC) Single-Family Credit Risk Transfer's (CRT) Program announced today that it has closed its 100th ACIS® (Agency Credit Insurance Structure) transaction. Since the first transaction in 2013, Freddie Mac has credit protected more than $2.5 trillion unpaid principal balance (UPB) of mortgage loans via $35 billion of ACIS coverage with (re)insurers.
MCLEAN, Va., Aug. 08, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.47 percent.
Mortgage financing firms Fannie Mae and Freddie Mac are set to impose stricter rules for commercial property lenders and brokers, following a budding regulatory crackdown on fraud in the multi-trillion dollar market, the Wall Street Journal reported on Monday.
MCLEAN, Va., July 31, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today reported its Second Quarter 2024 financial results and filed its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission. The company's Form 10-Q and earnings press release, along with the Second Quarter 2024 financial results supplement are available now on the Investor Relations page of the company's website.
MCLEAN, Va., July 30, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB:FMCC) announced today that it plans to report its Second Quarter 2024 financial results before the U.S. financial markets open on Wednesday, July 31, 2024.
MCLEAN, Va., July 25, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for June 2024, which provides information on Freddie Mac's mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities and other investments.
MCLEAN, Va., July 25, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.78 percent.
MCLEAN, Va., July 23, 2024 (GLOBE NEWSWIRE) -- Freddie Mac's (OTCQB: FMCC) newly released 2024 Midyear Outlook forecasts multifamily performance to remain muted for the remainder of the year as the market works through a historically high supply of new units. The Midyear Outlook notes strong demand but forecasts below-average rent growth and a modest increase in vacancy rates through 2024.
The average interest rate on the popular U.S. 30-year fixed-rate mortgage fell to its lowest level since mid-March this week, a welcome development for a housing market struggling to find its footing and one that may continue if the Federal Reserve cuts rates as expected in the months ahead.
MCLEAN, Va., July 18, 2024 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey ® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.77 percent.