Headlines

Freddie Mac taps Syron for CEO

MCLEAN, Va., Dec. 7 (UPI) -- Freddie Mac is expected to announce it has selected Richard Syron, a former head of the American Stock Exchange, to become its new chief executive officer.

Former Freddie Mac official fined

NEW YORK, Oct. 23 (UPI) -- David Glenn, former Freddie Mac chief operating officer, has agreed to cooperate with an investigation of the mortgage company and pay a $125,000 fine.

Freddie Mac chief to resign

WASHINGTON, Aug. 23 (UPI) -- Bowing to pressure from regulators, Freddie Mac says its Chief Executive Gregory J. Parseghian will resign, The Washington Post reported Saturday.

Freddie Mac sued by pension funds

NEW YORK, Aug. 11 (UPI) -- Two states and a major labor union pension fund filed lawsuits Monday against Freddie Mac, joining a long list of shareholders seeking compensation.

Fannie and Freddie face a sell-off

NEW YORK, July 28 (UPI) -- Failing support for United States mortgage companies Fannie May and Freddie Mac resulted in the firms' publicly traded debt falling Monday.

Freddie Mac execs get blame

NEW YORK, July 24 (UPI) -- Former Freddie Mac executives have been accused of violating accounting rules to manipulate earnings reports.

Mortgage firm's problems said growing

WASHINGTON, July 17 (UPI) -- Senate testimony by a federal regulator Thursday was expected to show that accounting problems at Freddie Mac ran deeper than many people realized.

Agency wants to review Fannie Mae

WASHINGTON, July 15 (UPI) -- Federal regulators, already investigating accounting errors at mortgage lending giant Freddie Mac, told Congress it wants to investigate Fannie Mae.

New Freddie Mac CEO focus of inquiry

NEW YORK, July 11 (UPI) -- The financial regulator for Freddie Mac is reportedly checking into the government-sponsored mortgage company's new chief executive.

Freddie Mac investigation expands

WASHINGTON, July 8 (UPI) -- The Securites and Exchange Commission has expanded its investigation into mortgage giant Freddie Mac to include its reserve accounts.

Freddie Mac ups profits estimate

MCLEAN, Va., June 25 (UPI) -- Freddie Mac officials say their planned financial restatement will add up to $4.5 billion to its reported earnings for the past three years.

Freddie Mac plans for 2 top executives

MCLEAN, Va., June 16 (UPI) -- Freddie Mac Monday provided clarifying information regarding the provisions of the employment termination agreements for two of its former top employees.

U.S. Attorney: Opens Freddie Mac probe

WASHINGTON, June 11 (UPI) -- Federal prosecutors Wednesday opened a criminal investigation into alleged irregularities at mortgage giant Freddie Mac.

Freddie Mac executives resign

WASHINGTON, June 9 (UPI) -- Freddie Mac Chairman Leland Brendsel and other top executives of the nation's second-largest mortgage-financing agency resigned Monday.

Mortgage rates fall below 6 percent

WASHINGTON, Sept. 27 (UPI) --

Mortgage rates fall to new lows

WASHINGTON, Sept. 20 (UPI) --

Mortgage rates fall to new low

WASHINGTON, Sept. 6 (UPI) -- Freddie Mac said Friday that mortgage rates fell to their lowest level in 31 years. Investors pumped their money into the U.S. Treasury bond market as they sear

Mortgage rates fall to 32-year low

WASHINGTON, Aug. 30 (UPI) --

Mortgage rates inch higher

WASHINGTON, Aug. 2 (UPI) --

Mortgage rates fall to 31 year low

WASHINGTON, July 26 (UPI) -- Freddie Mac said Friday mortgage rates sank to their lowest level in 31 years as investors, concerned with the stock market, drove down the cost of borrowing by putting their money into U.S. Treasuries. Freddie Mac said the average rate on the 30-year loa

Mortgage rates continue to decline

WASHINGTON, July 19 (UPI) --

Mortgage rates decline

WASHINGTON, July 12 (UPI) --

Mortgage rates little changed

WASHINGTON, July 5 (UPI) --
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