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Federal Home Loan Mortgage Corp (OTCBB:FMCC) Finds No Relief

Federal Home Loan Mortgage Corp (OTCBB:FMCC) finished the last trading session with a minor gain of 0.45% as it kept trading in a narrow range of $2.24-$2.28. The volume of the day at 1 million was marked lower than the daily average of 2.9 million, reflecting the contracted volatility at the current moment. It has […]

Federal Home Loan Mortgage Corp (OTCBB:FMCC): Recent Housing Industry Statistics

The Federal Home Loan Mortgage Corp (OTCBB:FMCC) recently leased a statistical analysis of the housing industry for the monthly survey. According to the report, there was a significant rise in the average fixed mortgage rates despite the volatility in the market. The report also lacked some of the statistics that make up indicators for detecting […]

Federal Home Loan Mortgage Corp (OTCBB:FMCC) Updates On Industry Performance

Federal Home Loan Mortgage Corp (OTCBB:FMCC) reported that due to robust refinance activity and home sales, the estimate of mortgage originations for 2015 and 2016 have been increased to $1.45 trillion and $1.3 trillion, respectively. The mortgage company expects 2015 to be the best year in terms of home sales, since 2007. 2Q2015 Refinance highlights […]

Federal Home Loan Mortgage Corp (OTCBB:FMCC) Released Monthly Outlook For August

Federal Home Loan Mortgage Corp (OTCBB:FMCC) issued its monthly outlook and insight for August, stating there is no indication that reliably explains when a housing industry is overvalued or when home prices are likely to decline. Along with the indicators, there is a need of substantial human judgment to gauge the industry trend. The highlights […]

Federal Home Loan Mortgage Corp (OTCBB:FMCC) Reports Falls In Average Fixed Mortgage Rates

In the Primary Mortgage Market Survey®, Federal Home Loan Mortgage Corp (OTCBB:FMCC) stated that global market volatility resulted in a decline in average fixed mortgage rates. The average FRM declined to the lowest levels since May 2015 amid high global volatility surrounding China. The facts Federal Home reported that thirty year fixed-rate mortgage averaged 3.84%, […]

Pershing Square Sues US Government Over Federal Home Loan Mortgage Corp (OTCBB:FMCC) And Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA)

Boston, MA 08/15/2014 (wallstreetpr) – Pershing Square Capital Management LP headed by Bill Ackman has decided to sue the U.S. government over the revised terms of the bailout of Federal Home Loan Mortgage Corp (OTCBB:FMCC) and Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) that took place in 2008. Insights of this issue: According to reports, […]

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