Around The Web

Freddie Posts Q1 Gain Despite Pandemic Hit; Rates Not Quite Back to All-Time Lows

Freddie Mac eked out a positive comprehensive income of $0.62 billion in the first quarter, $1.83 billion less than it posted in the fourth quarter of 2019 and $1.04 billion below earnings a year earlier. The company’s CEO David M. Brickman said, “Freddie Mac’s first quarter was marked by unprecedented challenges to our country, our business, and our markets – …

Read More »

Unemployment’s Threat to Mortgages

Recent data indicates that mortgages could fall into delinquency if the relationship between unemployment and delinquency follows a similar pattern as the Great Recession.  The post Unemployment’s Threat to Mortgages appeared first on DSNews.

Read More »