Government-sponsored enterprise
Appears in 2 stories
Oct. 1 survey shows the biggest weekly rate jump in four years
The average 30-year fixed mortgage rate hit 7.28% in Freddie Mac's Oct. 1 survey, the biggest one-week jump in four years and the highest since November 2023.
Updated 4 days ago
Executing FHFA-directed bond purchase expansion to $225B; target of Pulte-led privatization talks
In early 2025, Trump appointed housing heir Bill Pulte as director of the FHFA, which oversees Fannie Mae, Freddie Mac, and $8.5 trillion in mortgage credit. Within months, Pulte used mortgage data to publicly accuse NY AG Letitia James, Senator Adam Schiff, Fed Governor Lisa Cook, and Congressman Eric Swalwell of fraud, referring them to Justice amid concerns of political retribution.
Updated 7 days ago
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