US housing market ready to bounce back: Freddie Mac
Fp Archives • 13 years agoUS mortgage giant Freddie Mac in a report said that the US housing sector was ready to get back to work while the construction industry continued to struggle on the jobs front.
US homeowners get a lifeline, economists say it's not enough
Fp Archives • 14 years agoUS homeowners who owe more than their properties are worth got new help on Monday with the government's expansion of a refinancing program in a step that could help up to 1 million borrowers.
US to sue big banks over mortgage security : report
Fp Archives • 14 years agoAccording to a report in the New York Times, the Federal Housing Finance Agency, which oversees mortgage giants Fannie Mae and Freddie Mac, is expected to file suit against Bank of America, JPMorgan Chase, Goldman Sachs and Deutsche Bank, among other banks.
Freddie Mac chief executive to resign next year
Fp Archives • 14 years agoThe head of US mortgage finance giant Freddie Mac will resign next year, the government has said, announcing changes at the top of the government-seized firm.