WASHINGTON — After a lengthy review, a key federal regulator said Tuesday he would not allow Fannie Mae and Freddie Mac to lower the amount some underwater homeowners owe on their mortgages despite new financial incentives from the Obama administration.

Topics:  washington   fannie mae   freddie mac   obama   mortgage   regulator   
BING NEWS:
  • Fannie, Freddie hit 5-year high on plan for ‘eventual release’
    The new guidelines released Thursday reinstate the US Treasury’s power to approve any such plan in a bid to keep the process “orderly.” ...
    01/3/2025 - 3:23 pm | View Link
  • Fannie Mae, Freddie Mac shares surge after federal agencies reveal privatization path
    Shares of Fannie Mae and Freddie Mac , the mortgage giants under U.S. government control since 2008, surged to multi-year highs on Friday after federal agencies revealed a framework for their "orderly ...
    01/3/2025 - 10:01 am | View Link
  • Fannie, Freddie shares surge after privatization path revealed
    Shares of Fannie Mae and Freddie Mac, the mortgage giants under U.S. government control since 2008, surged to multi-year highs today after federal agencies revealed a framework for their “orderly” ...
    01/3/2025 - 8:10 am | View Link
  • U.S. Mortgage Rates Rise in Early 2025, Reach 6-Month High
    Based on Freddie Mac's first Primary Mortgage Market Survey (PMMS) of 2025, the 30-year fixed-rate mortgage (FRM) averaged 6.91 percent as of January 2, 2025.
    01/3/2025 - 12:40 am | View Link
  • Treasury Wins Back Role in ‘Eventual Release’ of Fannie, Freddie
    The government agencies that control mortgage giants Fannie Mae and Freddie Mac amended the terms of the US Treasury’s stake in those entities, giving back the department’s right to block any plan to ...
    01/2/2025 - 8:39 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News