Freddie Mac | The Real Deal New York

The Real Deal New York

trd topics
X


NAME


EMAIL


SUGGESTED
UPDATE


captcha

Please type the words that appear above
Than click SUBMIT
Freddie Mac

122 E 42nd St #4
New York, NY 10168
(212) 418-8900
Website
Freddie Mac
The Federal Home Loan Mortgage Corporation is a government-sponsored enterprise charged by Congress since 1970 with expanding the secondary market for residential mortgages in the United States and its territories. It does this primarily through buying mortgages on the secondary market, pooling them and selling them as mortgage-backed securities. This ups the supply of money for new mortgage and increases the availability of money for home purchases. This purchasing and pooling of mortgage-backed securities was blamed for a good portion of the 2008 recession and housing collapse. Too many mortgage securities backed by Freddie Mac collapsed or did poorly, costing the agency billions; these costs were passed on to taxpayers, further hurting Freddie Macs reputation with the public. Headed by CEO Donald Layton since May 2012, the publicly traded enterprise based in Fairfax County, Va., still does a brisk trade that underlies much of the U.S. mortgage markets: $80.64 billion in revenue in 2012, with more than $1.9 trillion in assets. -TA
CANCEL
Subscribe to download data from The Real Deal's research site.
WHY SUBSCRIBE? SUBSCRIBE

CANCEL
To register, please enter your email and choose a password with at least six characters.


Fresh_Pond_new_rowhouses_jeh
08/26/16
...In a boost to highly leveraged homeowners, Fannie Mae and Freddie Mac extended a mortgage refinance program by another year. (more&hellip...

Kips-Bay-Courtsgraay
08/23/16
To finance its $620 million purchase of Kips Bay Court, Blackstone Group plans to assume the existing $200.1 million Fannie Mae mortgage and will not...

Untitled-4
08/18/16
...a percentage point higher or more? In July, according to Freddie Mac, 30-year fixed rates dropped to an average of 3.41 percent, just...

Jamaica
08/15/16
A nonprofit representing low-income New Yorkers filed a lawsuit against the federal department of housing and urban development and private fund manager Lone Star Funds,...

HomeReady
08/05/16
Are you or someone you know needlessly missing in action this summer, leaving near historically low mortgage money at 3.5 percent to 3.75 percent on the...

BFC buy
08/03/16
UPDATED, Aug. 4, 2:02 p.m.: A joint venture between BFC Partners and K&R Preservation acquired an eight-building multifamily portfolio in Brooklyn and the South Bronx...

Screen Shot 2016-07-29 at 10.58.29 AM
07/29/16
Two cases of Legionnaires’ disease have been identified in the last 10 months at Fairstead Capital’s recently-acquired Savoy Park apartment complex in Harlem, according to...

Julianfeature
07/29/16
Congressional Democrats and Republicans haven’t agreed on much lately, but they’re together on one issue that affects condominium buyers and sellers across the country: The...

Savoy Park
07/11/16
...announced Monday. To close the deal, Fairstead secured a $238.9 million Freddie Mac loan from the multifamily finance arm of Capital One, sources...

Mortgage application
07/05/16
Think of them as back-room surcharges that increase what you pay when you get a conventional home mortgage. They can also kill your loan application...

feature
06/29/16
...wants to turn the government-backed mortgage giants Fannie Mae and Freddie Mac into lender-owned insurance companies. Edward DeMarco, who ran the agency...

Energy efficient house with solar panel, wind turbine.
06/17/16
Want to put solar panels on your roof — owning them outright rather than having to lease from some third-party company? There’s a new home...

Maxine Waters
06/03/16
Erroneous or outdated negative items on your credit report can be deal killers — or at least deal delayers — when you’re trying to purchase...

Michael-C-Hall-house-featch
06/02/16
From the Los Angeles website: For bankers these days, mitigating risk is everything. That’s why jumbo mortgages, the heftier-than-average loans with stringent underwriting requirements, have...

angelomaironefeature
05/24/16
...s role in selling toxic mortgages to Fannie Mae and Freddie Mac in the buildup to the 2008 financial crisis. On Monday, a...

Credit
04/29/16
Are you a “transactor” or a “revolver” when it comes to your credit? Terms like these never have mattered much to home buyers seeking a...

Fannie-Freddiefbox
04/22/16
...From left: Fannie Mae CEO Timothy Mayopoulos and Freddie Mac CEO Donald Layton If you're planning to buy a home...

mortgage-signfbox
04/15/16
For years it was widely considered a massive, government-sanctioned rip-off of home mortgage borrowers. Then it was banned by the Consumer Financial Protection Bureau. And...

Fannie-Freddiefbox
03/25/16
...recently released paper proposes how to reform Fannie Mae and Freddie Mac: merge them. After the financial crisis in 2008, both mortgage giants...

Dimon ft
03/16/16
JPMorgan Chase is dipping back into the mortgage-backed securities market in the banking giant’s first “house transaction” since the financial crisis. JPMorgan is expected to...

60-East-93rd-Streetfbox
02/29/16
...secured $49.5 million in financing from Prudential Mortgage Capital Company and Freddie Mac for the 438-unit Rutland Road Houses in Brownsville. The developer...

steve-bolandfbox
02/26/16
So you say you want to buy a home but you’re locked out of the market because you don’t have enough money for a down...

David Stevens
02/05/16
Federal housing policy makers and mortgage lending groups have been talking about expanding access to home loans for greater numbers of credit-worthy buyers for more...

Terri Sewell Ed Royce
01/12/16
If you’ve been frustrated that the credit scoring system has prevented you from getting a home mortgage, 2016 could be a watershed year. Important changes...

Fannie Freddie ft
12/29/15
...in the event of another mortgage crisis, Fannie Mae and Freddie Mac are planning to ramp up the sale of new types...
To see all, go to Advanced Search
  • Event Financing
  • Address 60 East 93rd Street
  • Neighborhood Brownsville
  • Borough Brooklyn
  • Price $ 49,500,000
  • Publication Date 04/01/2016
  • Event Date 02/15/2016
  • Party 1 William R. Lucas Realty
  • Party 2 Prudential Mortgage Capital Company, Freddie Mac
notes
The company secured a $49.5 million $12.6 million will fund acquisition costs, $23.6 million will go toward building loan costs, and $13.3 million toward project loan costs.
  • Event Financing
  • Address 79 Sherman Avenue
  • Neighborhood Washington Heights
  • Borough Manhattan
  • Price $ 2,100,000
  • Publication Date 09/01/2009
  • Event Date 07/23/2009
  • Party 1 Silpar Realty
  • Party 1 Brokerage Community Preservation
  • Party 2 Freddie Mac
notes
A $2.1 million loan was arranged to refinance the property. Freddie Mac has been a lender on the building since 1987 when it provided an $825,000 mortgage. CPC refinanced this mortgage in 1996 with a new $1.15 million Freddie Mac loan. Two 5-story mixed-use buildings. Includes 152 Dyckman Street.

record-pic
Even in a year marked by continued economic malaise, buyers, sellers, landlords, lenders, builders, investors and even tourists broke records in New York in 2011....

Until last year, The Real Deal's annual accounting of real estate records was a Mad Libs of giddy peaks: The highest price ever paid for...

49210_National_Market.jpg
Atlanta Equity Depot, a firm that tracks foreclosures in Atlanta, concluded that the number of foreclosure notices issued in metro Atlanta from January to February...

Aug_2006__Prices_Sag.gif
Condos outsell co-ops in second quarter; inventory hits record ...

U.S. mortgages rates rose to its highest levels so far in 2015 during the final week of May. The average rate for a 30-year fixed...
MENU