Freddie Mac reshuffles risk leadership as Hinduja exits, Glessner steps in
Anil Hinduja’s employment with Freddie Mac ended Oct. 1
Anil Hinduja’s employment with Freddie Mac ended Oct. 1
Fannie Mae and Freddie Mac now allow VantageScore 4.0 as an alternative to Classic FICO for eligible loans
Welcome to The Hill’s Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Benchmark mortgage rate tops 7 percent The benchmark 30-year fixed mortgage rate is 7.03 percent this week, up from 6.95 percent last…
The average 30-year mortgage rate has surpassed 7 percent, marking the first time it has done so since January 2025.
Increase comes after Fed decision to raise interest rates, as Americans struggle with high prices and stagnant wages US mortgage rates surpassed 7% for the first time since January 2025, according to federal lender Freddie Mac, aggravating a housing…
DeVito will serve on the audit and finance and technology committees at Owens Corning
Mortgage lenders that work with Fannie Mae and Freddie Mac, government-sponsored enterprises, have the green light to use VantageScore 4.0 if they want to.
The U.S. 30-year mortgage rate reached a 14-month high on Thursday, as global bond yields continue to rise. The benchmark 30-year fixed mortgage rate is 6.76 percent this week, up from 6.71 percent a week ago, Freddie Mac reported Thursday.
The FHFA's directive could reshape mortgage lending, integrating crypto assets and potentially increasing homeownership opportunities for crypto holders.
The integration of crypto assets into mortgage collateral by Fannie Mae and Freddie Mac could destabilize the housing market amid rate volatility.