Mclean Mortgage Rates and Information Online from competing Lenders

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Fannie, Freddie Mortgage-Bond Spreads Exceed Pre-Takeover Level - Bloomberg
Oct. 10 (Bloomberg) -- Yields on Fannie Mae and Freddie Mac mortgage bonds jumped relative to Treasuries for a second day, pushing spreads above their levels before the U.S. seized the companies and vowed to support the market to bolster home prices ...

Assembling America's Mortgage Team - Washington Post
New Fannie Mae CEO Herbert M. Allison Jr., left, and his counterpart at Freddie Mac, David Moffett, are charged with an ambitious mission. (By Kevin Wolf -- Associated Press) Retired and on his first family vacation in years, Herbert M. Allison Jr ...

Freddie Mac Temporarily Suspends Foreclosures in Texas, Louisiana ... - MSN MoneyCentral
MCLEAN, Va. , Oct. 9 /PRNewswire/ -- Freddie Mac FRE today announced it is ordering servicers to suspend all foreclosure sales on properties with Freddie Mac-owned mortgages in the federally declared disaster areas caused by Hurricane Ike in Texas ...

Fannie, Freddie to Buy $40 Billion a Month of Troubled Assets - Bloomberg
Oct. 11 (Bloomberg) -- Federal regulators directed Fannie Mae and Freddie Mac to start purchasing $40 billion a month of underperforming mortgage bonds as the Bush administration expands its options to buy troubled financial assets and resuscitate ...

Freddie Mac Prices New $4 Billion Two-Year Reference Notes(R) Security - MSN MoneyCentral
MCLEAN, Va. , Oct. 9 /PRNewswire-FirstCall/ -- Freddie Mac FRE announced today that it priced its new 2.875% $4 billion two-year USD Reference Notes(R) security due on November 23, 2010 . The issue, CUSIP number 3137EABV0, was priced at 99.858 to ...

Freddie Mac Prices $1 Billion Reopening of 4.125% Five-Year Reference ... - Forbes
MCLEAN, Va., Oct. 8 /PRNewswire-FirstCall/ -- Freddie Mac (NYSE: FRE) announced today that it auctioned a $1 billion reopening of its 4.125% five-year USD Reference Notes(R) security that matures on September 27, 2013. The stop yield for the issue ...

Fannie, Freddie disclose subpoenas, investigations - Associated Press
WASHINGTON (AP) -- Adding to their woes, mortgage finance giants Fannie Mae and Freddie Mac are facing a federal grand jury investigation into their accounting practices. The mortgage finance companies said Monday that a federal grand jury in New ...

Litigation and Tax Quartet Join Sheppard Mullin San Francisco - Earthtimes
SAN FRANCISCO, CA -- 10/10/08 -- Peter S. Hecker, Neil A.F. Popovic, Anna S. McLean and Joanne M. Garvey have joined the San Francisco office of Sheppard, Mullin, Richter & Hampton LLP as partners. Hecker, Popovic and McLean join the firm's Business ...

Solidifi Completes Additional Financing - Forbes
Solidifi Inc., a leading provider of collateral valuation and risk management services, has announced that it has completed an additional round of financing, including a new growth equity investment from Altus Group Income Fund. ("Altus"). The funds ...

How risk models failed Wall Street and 'D.C. - Miami Herald
Crooked mortgage brokers, greedy investment bankers, oblivious rating agencies and gullible investors have all been faulted in the financial crisis, and there is bipartisan agreement that regulators were asleep at the switch. It's all well and good ...

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Today's Mortgage Terms starting with V

  • VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.
  • Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.
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