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.
Illumina's Singapore Tax Holiday is About to Expire
The DNA sequencing giant generated over 10% of its diluted earnings per share in 2021 from a tax holiday.
Oil Volatility Returns, Pushing Gasoline Prices Higher
The 14-week decline in gasoline prices ended while two million people in Florida are still without power.
New Electric Vehicle Beats Tesla When it Comes to the Environment
A new EV would radically change how cars are made and that could be a threat to the market leader.
McDonald's Menu Adds a (Very) New Take on an Old Favorite
The fast-food giant has been hesitant to make changes like this, but Wendy's bold move may have forced it to.