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BofA settlement: $9.5B to settle Fannie Mae and Freddie Mac claims

BofA settlement: $9.5B to settle Fannie Mae and Freddie Mac claims

March 27 (UPI) -- Bank of America to pay $6.3 billion to Fanny Mae and Freddie Mac, and repurchase residential mortgage-backed securities worth $3.2 billion.
Danielle Haynes

Deal completed on housing mortgage reform

WASHINGTON, March 11 (UPI) -- A housing reform deal, including the overhaul of mortgage lenders Fannie Mae and Freddie Mac, has been reached, Senate Banking Committee leaders said Tuesday.

Rates on fixed-rate mortgages ease back

WASHINGTON, Feb. 27 (UPI) -- Interest rates on fixed-rate loans rose for the fourth consecutive week, while adjustable rates eased back, the Federal Home Loan Mortgage Corp. said Thursday.

Home prices up 11.3 percent in 2013

WASHINGTON, Feb. 25 (UPI) -- U.S. home prices rose 11.3 percent in 2013, the closely watched S&P/Case-Shiller Home Price Index report said Tuesday.

Mortgage rates edge higher in week

WASHINGTON, Feb. 20 (UPI) -- Interest rates on long-term mortgage rose with a push from the rising yield on benchmark Treasuries, the Federal Home Loan Mortgage Corp. said Thursday.
Politics 2014: Internet helps out when politicians have memory lapses

Politics 2014: Internet helps out when politicians have memory lapses

Political memory sure has been aided and abetted by the Internet, where nothing really is deleted, removed or otherwise pulled out of the public arena.
NICOLE DEBEVEC, United Press International

Long-term lending rates little changed in week

WASHINGTON, Feb. 13 (UPI) -- Interest rates on mortgage loans were little changed in a week with few influential economic reports, the Federal Home Loan Mortgage Corp. said Thursday.
Mortgage rates decline in week

Mortgage rates decline in week

WASHINGTON, Feb. 6 (UPI) -- Interest rates on mortgage loans dropped for the fourth consecutive week, due to weak economic data, the Federal Home Loan Mortgage Corp. said Thursday.
Mortgage loans get cheaper in the past week

Mortgage loans get cheaper in the past week

WASHINGTON, Jan. 30 (UPI) -- Interest rates on mortgage loans dropped for the third consecutive week, in part due to weak housing data, the Federal Home Loan Mortgage Corp. said Thursday.

Mortgage rates mostly lower in week

WASHINGTON, Jan. 23 (UPI) -- Long-term U.S. mortgage rates dropped in the week ending Thursday in part due to low inflation, the Federal Home Loan Mortgage Corp. said.

Home prices rose marginally in November

WASHINGTON, Jan. 23 (UPI) -- U.S. home prices rose 0.1 percent in November, the Federal Housing Finance Agency said Thursday.

U.S. mortgage rates staying steady this week

WASHINGTON, Jan. 9 (UPI) -- A week light on economic reports is keeping long-term mortgage lending rates stable, the Federal Home Loan Mortgage Corp. said Thursday.

FHFA settlements for 2013 reached $7.9 billion

WASHINGTON, Jan. 2 (UPI) -- The U.S. Federal Housing Finance Agency said Thursday it had collected $7.9 billion in settlements from financial firms in 2013.

Mortgage rates rise in week

WASHINGTON, Jan. 2 (UPI) -- Interest rates on long-term, fixed-rate mortgages were higher in the week ending Thursday, the Federal Home Loan Mortgage Corp. said.
Countrywide to cost BofA 30 times its purchase price

Countrywide to cost BofA 30 times its purchase price

CHARLOTTE, N.C., Dec. 27 (UPI) -- Bank of America could pay 30 times what it paid for Countrywide Financial Corp. in fines and fees connected to the deal, the U.S. bank's figures show.

Home prices rose in October

WASHINGTON, Dec. 24 (UPI) -- U.S. home prices rose 0.5 percent in October from September, the Federal Housing Finance Agency said Tuesday.

U.S. Senate approves John Koskinen to lead IRS

WASHINGTON, Dec. 21 (UPI) -- The United States had a new top tax collector this weekend following Friday's confirmation vote in the U.S. Senate.

Deutschebank agrees to pay $1.9 billion to settle with U.S. agency

WASHINGTON, Dec. 20 (UPI) -- Deutsche Bank announced Friday it has agreed to pay a $1.9 billion penalty to the U.S. Federal Housing Finance Agency.
Politics: Congress' to-do list could require time it doesn't have

Politics: Congress' to-do list could require time it doesn't have

The good news for the U.S. Congress is that members have the month of December to complete their laundry list of items -- including a farm bill, food stamps, a budget for the fiscal year that began Oct. 1, a slew of presidential nominations, possibly revisiting unemployment benefits, maybe take up imposing more sanctions on Iran -- before 2014.
NICOLE DEBEVEC, United Press International

Long-term U.S. mortgage rates jump in week

WASHINGTON, Dec. 5 (UPI) -- Interest rates on long-term, fixed-rate mortgages jumped in the post-Thanksgiving holiday week, the Federal Home Loan Mortgage Corp. said Thursday.

BofA settles loan claims with Freddie Mac for $404 million

CHARLOTTE, N.C., Dec. 2 (UPI) -- U.S. finance giant Bank of America said Monday it would pay $404 million to settle all claims brought by the Federal Home Loan Mortgage Corp.
Long term mortgage rates rise in week

Long term mortgage rates rise in week

WASHINGTON, Nov. 27 (UPI) -- The Federal Home Loan Mortgage Corp. said long-term lending rates rose slightly in the week prior to the Thanksgiving holiday.
Home prices make solid gains in third quarter

Home prices make solid gains in third quarter

NEW YORK, Nov. 26 (UPI) -- U.S. home prices posted gains in the third quarter, private and public reports released Tuesday show.
Mortgage rates slide on weak economic data

Mortgage rates slide on weak economic data

WASHINGTON, Nov. 21 (UPI) -- The Federal Home Loan Mortgage Corp. said long-term lending rates fell in the week ending Thursday due to weak economic data.

Mortgage rates rise in week

WASHINGTON, Nov. 14 (UPI) -- The Federal Home Loan Mortgage Corp. said long-term lending rates rose in the week ending Thursday on the strength of a positive employment report.
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