Seventh consecutive weekly increase says Freddie Mac
Tagged: Freddie Mac
The offering is a credit risk sharing transaction with a total note offering of $1.84 billion.
30-year fixed-rate mortgage up almost 1.5% since March 2021
Freddie Mac weekly survey puts 30-year fixed at 4.42%
Company veteran appointed to new position to advance diversity and inclusion in housing.
Insurance protects $828.5 billion in unpaid principal balance of single family mortgages.
The new, automated assessment tool will help reduce paper documentation so loans can close faster.
Heidi Mason, former Wells Fargo exec, succeeds Jerry Weiss, who has served as interim general counsel since March 2021.
Kevin G. Chavers and Luke S. Hayden are the newest members of Freddie Mac's Board of Directors.
For all of 2021, Freddie Mac reported net income of $12.1 billion, a 65% year-over-year increase.