Freddie Mac Announces Release Date for First Quarter 2019 Financial Results
Mortgage Ledger Staff2019-04-26T18:11:45-04:00Freddie Mac (OTCQB:FMCC) announced today that it plans to report its first quarter 2019 financial results before the U.S. financial markets open on Wednesday, May 1, 2019.
The company will hold a conference call at 9 a.m. Eastern time (ET)
US Economic Growth Surprises to Upside in First Quarter
Mortgage Ledger Staff2019-04-26T18:09:14-04:00According to the “advance” estimate released by the Bureau of Economic Analysis (BEA), real gross domestic product (GDP) increased at an annual rate of 3.2% in the first quarter of 2019, faster than the 2.2% increase in the fourth quarter of
FHFA Report Details Progress on the 2018 Scorecard for Fannie Mae and Freddie Mac
Mortgage Ledger Staff2019-04-26T18:06:03-04:00The Federal Housing Finance Agency (FHFA) issued a Scorecard Progress Report today summarizing the 2018 activities of Fannie Mae and Freddie Mac (the Enterprises) to further FHFA’s three strategic objectives as conservator: Maintain, Reduce, and Build.
Interested parties are invited to
Black and Hispanic Communities are Still Reeling from the Foreclosure Crisis
Mortgage Ledger Staff2019-04-25T15:41:24-04:00Homes account for more than half of the net worth of black and Hispanic homeowners, and foreclosures disproportionately affected these communities
Millions of homeowners across the country lost their homes in the foreclosure crisis, missing out on the
Mortgage Rates Continue to Climb
Mortgage Ledger Staff2019-04-25T15:41:24-04:00Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that fixed mortgage rates posted a fourth consecutive week of increases.
Sam Khater, Freddie Mac’s chief economist,
Affordability in the Top 10 Most Popular Markets for Millennials, According to NAR
Mortgage Ledger Staff2019-04-25T15:41:24-04:00A wide range of factors contribute to why millennials decide to move to certain areas, remain for an extended period or choose to relocate shortly after their arrival. Job market and affordability in the given location are two of the
U.S. Home Sellers Realized Average Price Gain Of $57,500 In First Quarter Of 2019, Down Slightly From Last Quarter
Mortgage Ledger Staff2019-04-25T15:41:24-04:00U.S. Average Homeownership Tenure Dips to 8.05 Years and Posts Biggest Annual Increase Since Q4 2015; Denver, Austin, Dallas and Nashville Sales Prices 50+ Percent Above Pre-Recession Peaks
Federal Jury Finds Sacramento Loan Officers Guilty in Mortgage Fraud Conspiracy
Mortgage Ledger Staff2019-04-25T15:41:24-04:00Spanish Language Ad Campaign Targeted Latino Community
On Tuesday, after a six-day trial, a federal jury found Jaime Mayorga, 40, and Ruben Rodriguez, 42, both of Sacramento, guilty of one count of conspiracy to
How Housing Can Send a Powerful Message to Congress
Mortgage Ledger Staff2019-04-25T15:22:27-04:00Members looking to deliver the industry’s key priorities to Congress should attend the most important grassroots event of the year: the 2019 Legislative Conference on Wednesday, June 5.