News Articles for "Subprime Lending"
Freddie Mac posts $4.6B net income for Q1
Mortgage giant Freddie Mac earned $4.6 billion from January through March, helped by a stronger housing market. The government-controlled company has turn...
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Quicken buys servicing rights to $34B in mortgages
Quicken Loans Inc. says it has bought the servicing rights to about $34 billion in mortgages from Ally Financial Inc. Detroit-based Quicken said Thursday ...
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AIG launches new unit to invest in home loans
American International Group Inc. said Wednesday that it's entering the business of investing in home mortgages, just a few days after government control ...
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Merger of Fannie, Freddie's bond units proposed
The federal regulator who oversees Fannie Mae and Freddie Mac is putting forward a plan to combine the two mortgage giants' divisions that issue billions ...
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