Federal Home Loan Mortgage Corp News
Treasury Secretary Voices Opposition to Freeing Fannie, Freddie Now
The White House signals it won’t free Fannie Mae and Freddie Mac from government control before the Trump administration leaves office.
Fannie Mae, Freddie Mac Up on Effort to Speed Independence
Fannie Mae and Freddie Mac shares leaped after a media report that their oversight agency is trying to speed their escape from government control.
November Mortgage Rates Forecast: How Do Presidential Elections Affect Rates?
Since 2000, election-year Novembers have sent rates up, down, about the same, and up again.
Fannie and Freddie Get a Bump as Treasury Aims to End Profit Sweep
The Treasury and Federal Housing Finance Agency are looking to end rules that prohibit the two lenders from making a profit.
Treasury Yields Jump After Weak $43 Billion 2-Year Auction, Sliding Foreign Demand
The Treasury sold $43 billion in 2-year notes at a high yield of 4.29% - nearly a full percentage point above last month's auction levels.
Las Vegas Sands Stock Leaps As Macau Eases Covid-Era Gaming Visit Restrictions
Macu, the world's largest gaming hub and a key source of U.S. casino operators revenues, will begin allowing tour visits in November.
Pound Collapse Puts Dollar Parity, Emergency Bank of England Rate Hikes in Focus
Britain's new government said it will continue focusing on tax cuts and new borrowing to boost growth even as markets push the pound to a record low against the U.S. dollar.
What Happens to Your Credit Card When Interest Rates Rise
With interest rates soaring, credit card consumers may be in for a shock