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Cash-Out Refinancing Rises with Interest Rates.(Brief Article)
McLean, VA -- The number of home loan refinancing transactions declined in the first quarter of this year, but that didn't stop a lot of homeowners from continuing to tap into their equity.
Cash-out transactions, in which a homeowner refinances a loan with a new loan that exceeds the old loan amount by at least 5%, accounted for 64% of Freddie Mac loans that were refinanced in the first quarter, the secondary market agency said.
"The first quarter had record home sales and single-family housing starts and a lot of refinancing activity," said Frank Nothaft, Freddie Mac vice president and chief economist. "The share of borrowers who decided to cash out some home equity as part of their refinance increased, too, which helped prop up consumer spending on home ...
- Avid listeners.(employee benefits at Freddie Mac)(Brief Article)
- Magazine article from: Employee Benefit News Gunsauley, Craig April 1, 2002 700+ words
...below 5%, financial services firm Freddie Mac has worked hard to become an employer...a campus complex in McLean, Va., Freddie Mac has built its culture by regularly surveying...policies and programs. Just last year Freddie Mac introduced emergency backup child care...
- Freddie Mac.(Brief Article)
- Magazine article from: Real Estate Weekly October 20, 1999 700+ words
Freddie Mac has closed a $160 million Multifamily...repackaged the $160 million Gold PC into a Freddie Mac REMIC security with two classes, tailoring...president of negotiated transactions in Freddie Mac's Multifamily Division. "Whether...
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- Magazine article from: National Mortgage News September 27, 1999 700+ words
Washington--As Freddie Mac tries to increase its role in lending...an attorney for former and current Freddie Mac employees who claim they were discriminated...of. the new charges is that, "Freddie Mac is not fixing the problem." A Freddie...
- Freddie Saw Record Multifamily Volume in '04.(Freddie Mac)(Brief Article)
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MCLEAN, VA -- Freddie Mac has closed a record $23.8 billion...up from $776 million in 2003. Freddie Mac's multifamily transactions financed...Corbiere, senior vice president of Freddie Mac's Multifamily Sourcing Division...
- Selected 30-Year fixed-rate prepayments.(from Freddie Mac)(Brief...
- Magazine article from: National Mortgage News May 8, 2000 700+ words
...WAM WAC Factor Apr 00 Mar 00 3-Mo 6-Mo 12-Mo Freddie Mac 7.00 2029 7.56 .974 3.9 3.5 3.4 3.3 7.4 Freddie Mac 7.00 2028 7.48 .846 8.9 7.9 7.7 7.8 9.6 Freddie Mac 7.00 2027 7.51 .698 8.9 7.9 7.9 8.1...
- Modest profit gains at Fannie, Freddie; strong prospects seen for second...
- Magazine article from: American Banker Prakash, Snigdha July 19, 1995 700+ words
...mortgages, earnings at Fannie Mae and Freddie Mac grew only moderately in the second quarter...above earnings in the first quarter. Freddie Mac earned $264 million, a gain of 6...National Mortgage Association, and Freddie Mac - the Federal Home Loan Mortgage Corp...
- Freddie seen as misunderstood on low-income lending rules. (Freddie Mac) (Brief...
- Magazine article from: American Banker Prakash, Snigdha September 22, 1994 700+ words
RALEIGH, N.C. -- Freddie Mac told an industry meeting here that...Mortgage Market conference on Monday. Freddie Mac is planning to issue a separate...National Mortgage Association) and Freddie Mac face growing pressure by regulators...
- Fannie and Freddie Are Making Headway with Automated Underwriting.(Fannie Mae;...
- Magazine article from: National Mortgage News Bailey, Dawn June 12, 2000 700+ words
Freddie Mac is making its automated underwriting...program, according to Lisa Lauroesch, Freddie Mac's director of marketing for Loan Prospector...Prospector available to retail lenders, Freddie Mac said another technology initiative it...