Freddie Mac reports first loss in four years

While the new head of the Federal Housing Finance Agency said last month he’s considering an initial public offering of Fannie Mae and Freddie Mac. first half of next year, Raymond James analysts.

Freddie Mac holds the senior risk, which is unfunded and not issued Freddie Mac may retain all or a portion of the first-loss piece STACR notes have a 10-year final maturity for fixed severity transactions and 12.5-year final for actual loss transactions issued through June 2018.

"For the first time in four years, Freddie Mac had a net loss in the most recent quarter," said Donald Layton, CEO. "This $0.5 billion loss . . .

The news is a reminder of the GSE’s net loss in the third quarter of 2015, which marked the first loss in four years. But despite the news, Freddie CEO Donald Layton remains positive on the results.

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Freddie Mac said today that the company had a net loss in the first quarter of 2016, the first time in four years that it has failed to show a profit. The company posted a $354 million net loss.

Freddie Mac on Tuesday posted its first quarterly loss in four years despite a healthy housing market, underscoring the challenges faced by the mortgage-finance giant in its eighth year of government control. The McLean, Va., company reported a loss of $475 million for the third quarter, driven mainly by a quirk in accounting rules.

Prepayment Monitoring Report First Quarter 2019 . 1 Introduction FHFA’s . 2014 Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac includes the goal of improving the overall liquidity of Fannie Mae’s and Freddie Mac’s (the Enterprises) securities through the

In the third quarter of last year, it reported a $475 million loss, the first negative quarter in four years, when rates plunged. freddie did not need to tap Treasury for more funds, but neither did it remit money to the government. Read: Fannie and Freddie rally on report that Treasury knew of profitability at time of sweep

Judge refuses injunction request in eminent domain case On february 12 th, Holt County District Judge Mark Kozisek enjoined the pipeline company from proceeding with condemnation cases in for Nebraska counties. Photo On February 26, York County District Judge Mary Gilbride issued a similar injunction, stopping eminent domain cases in 7 counties to the South. TransCanada is now blocked in Nebraska.

With the STACR 2016-HQA2 offering of loans with LTVs ranging from 80 to 95 percent, Freddie Mac holds the senior loss risk in the capital structure and a portion of the risk in the Class M-1, M-2 and M-3 tranches, and the first loss Class B tranche.

Existing-home sales continue to slip Existing-home sales continued to slip in March from inventory constraints, which continue to push home prices up, according to data from the National Association of Realtors. Existing-home sales dropped 0.6% to a seasonally adjusted annual rate of 4.92 million in March, compared to 4.95 million in February.