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Topic: Freddie Mac

Freddie Mac's David Kellerman
David Kellermann, acting chief financial officer at Freddie Mac, was found dead of an apparent suicide on April 22, 2009 in Vienna, Virginia, in suburban Washington, DC. Kellermann, 41, was named to the position in September, 2008, when the federal government took control of the financially-troubled company and ousted its top executives. In recent weeks, Kellermann apparently received a controversial $800,000 bonus. (UPI Photo/HO)

Latest Headlines

Average U.S. mortgage rates for long-term loans rose for the fifth consecutive week in the week ended Thursday, the Federal Home Loan Mortgage Corp. said.
A U.S. home price index rose 1.9 percent in the first quarter, the Federal Housing Finance Agency said Thursday.
Mortgage rates head higher
Average U.S. mortgage rates for long-term loans rose for the second consecutive week in the week ended Thursday, the Federal Home Loan Mortgage Corp. said.
U.S. budget deficit shrinks faster than expected
The U.S. budget deficit is shrinking faster than thought, falling to $642 billion from the $845 billion projected in February, number-crunchers said Tuesday.
Long-term mortgage rates turn higher
Average U.S. mortgage rates for long-term loans rose for the first time in six weeks in the week ended Thursday, the Federal Home Loan Mortgage Corp. said.
Markets rally remains aloft
U.S. stock markets closed higher Wednesday, as records set on Wall Street continue to get broken and reset, lately on a daily basis.
Bailed out U.S. mortgage giant Freddie Mac said Wednesday it earned $4.6 billion in the first quarter of the year due to a recovery in the housing market.
U.S. mortgage rates head lower
U.S. mortgage rates hovered close to or hit record lows in the latest week, the Federal Home Loan Mortgage Corp. said Thursday.
U.S. mortgage rates hit record lows or close to them in the latest week, the Federal Home Loan Mortgage Corp. said Thursday.
Home prices rose in February
A U.S. home price index rose 0.67 percent January to February, the Federal Housing Finance Agency said Tuesday.
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Iranians celebrate the qualification of  their soccer team  for 2014 World Cup
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Iranian women flash the victory sign during a street celebration in Tehran, Iran on June 18, 2013. The Iranian national soccer team defeated South Korea in their 2014 FIFA World Cup qualifying soccer match in Ulsan, South Korea. UPI/Maryam Rahmanian .