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Officials: Obama picks Watt for housing post

Published: May 1, 2013
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President Barack Obama intends to nominate Rep. Melvin Watt to head the Federal Housing Finance Agency, the government regulator that oversees lending giants Fannie Mae and Freddie Mac.

US rate on 30-year mortgage ticks up to 3.57 pct.

Published: March 28, 2013
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Average U.S. rates on fixed mortgages edged up this week but remained near historic lows. Low rates have helped drive the housing market’s steady recovery.

Gov’t eases mortgage rules for troubled borrowers

Published: March 27, 2013
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A federal agency said it is easing rules for troubled borrowers to lower their monthly mortgage payments on loans backed by Fannie Mae or Freddie Mac.

Counties continue fight over real estate transfer taxes (access required)

Published: December 12, 2012
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Attorneys representing all 72 Wisconsin counties in a class-action federal lawsuit against Fannie Mae and Freddie Mac are fighting to keep the case alive in the face of a request for dismissal.

US rate on 30-year mortgage rises to 3.41 percent

Published: October 25, 2012
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Average U.S. mortgage rates rose only slightly this week and continued to hover near record lows, a trend that has helped boost home sales and refinancing.

US sues B of A for $1B for mortgage fraud

Published: October 24, 2012
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The top federal prosecutor in Manhattan sued Bank of America for more than $1 billion on Wednesday for mortgage fraud against Fannie Mae and Freddie Mac during the years around the financial crisis.

US rate on 30-year fixed mortgage near record low

Published: October 18, 2012
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The average U.S. rate on a 30-year fixed mortgage has fallen to near its record low set earlier this month.

US rate on 30-year mortgage rises to 3.39 percent

Published: October 11, 2012
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Average U.S. rates on fixed mortgages tick up from record lows last week. Cheaper mortgages are fueling a modest housing recovery that could help the broader economy.

Rate on 30-year mortgage falls to record 3.49 percent

Published: September 20, 2012
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The average U.S. rate on the 30-year fixed mortgage touched its record low this week and the rate on 15-year mortgage hit a new record.

Fannie, Freddie win right to appeal tax ruling (access required)

Published: September 12, 2012
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Fannie Mae and Freddie Mac won the right to appeal a federal judge’s decision that they are liable for unpaid real estate transfer taxes in 82 of Michigan’s 83 counties.

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