Mortgage

McLean, VA – Freddie Mac (OTC: FMCC) announced today that it priced its new 1.75% $5 billion five-year USD Reference Notes® security due on September 10, 2015. The issue, CUSIP number 3137EACM9, was priced at 99.714 to yield 1.81%, or 29.5 basis points more than five-year U.S. Treasury Notes. The issue will settle on Friday, September 10, 2010.

McLean, VA - September 9, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today announced a new offering of Structured Pass-Through Certificates ("K Certificates"), multifamily mortgage-backed securities that help provide liquidity, stability and affordability to the nation's multifamily housing market. The company expects to offer approximately $1 billion in K Certificates ("K-008 Certificates"), which are expected to price on or about September 15, 2010, and settle on or about September 23, 2010

September 9, 2010 - (RealEstateRama) -- The Federal Reserve Board on Thursday announced the agenda and panelists for the third of four public hearings this year on potential revisions to Regulation C, which implements the Home Mortgage Disclosure Act (HMDA). The event will be held Thursday, September 16, at the Federal Reserve Bank of Chicago. Those who want to attend the hearing should register in advance online.

LANSING, MI - September 8, 2010 - (RealEstateRama) -- State Senator Tupac A.Hunter (D-Detroit) today introduced legislation that would prevent banks and other lending institutions from foreclosing on most homes unless they have signed up to participate in the “Help the Hardest Hit Program.”

New York, NY - September 7, 2010 - (RealEstateRama) -- The State of New York Mortgage Agency (SONYMA) is now providing the lowest interest rates ever offered for its two primary programs in the agency's 40-year history.

McLean, VA – Freddie Mac (OTC: FMCC) announced today that it plans to issue a new five-year USD Reference Notes® security, CUSIP number 3137EACM9, due on September 10, 2015. The issue will be priced on Thursday, September 9, 2010, and will settle on Friday, September 10, 2010, at benchmark size

WASHINGTON, D.C. - September 8, 2010 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending September 3, 2010. The Market Composite Index, a measure of mortgage loan application volume, decreased 1.5 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 1.9 percent compared with the previous week.

SALT LAKE CITY, UT - September 2, 2010 - (RealEstateRama) -- A 10-count federal indictment unsealed Thursday charges Christopher D. Hales, age 29, of Midvale, with mail, wire, and bank fraud and with money laundering in connection with an alleged mortgage fraud scheme.

SACRAMENTO, CA - September 7, 2010 - (RealEstateRama) -- United States Attorney Benjamin B. Wagner announced today that on September 2, 2010, a federal grand jury returned a nine-count indictment charging James Berghuis, 38, formerly of Sacramento, now residing in Laguna Niguel, with mail fraud, wire fraud, and money laundering. The indictment was unsealed this afternoon as a result of Berghuis’s arrest earlier today

McLean, VA - September 2, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), and for yet another week, fixed-rate mortgages reached record lows, as did the 5-year adjustable rate in this survey. (The 30-year fixed-rate survey began in 1971, the 15-year began in 1991, and the 5-year adjustable in 2005.)

Washington, DC - September 2, 2010 - (RealEstateRama) -- Delinquency rates were mixed in the second quarter for commercial/multifamily mortgage investor groups, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report

WASHINGTON, D.C. - September 2, 2010 - (RealEstateRama) WHAT: MBA's 2010 Quality Assurance & Residential Underwriting Conference focuses on the best ways for residential mortgage professionals to improve their business processes.

WASHINGTON, D.C. - September 2, 2010 - (RealEstateRama) WHAT: MBA's 2010 Mortgage Operations Conference address all aspects of the mortgage production process and is essential to anyone involved in strategic planning for mortgage operations. Join industry professionals and learn about the most recent developments in:

McLean, VA – Freddie Mac (OTC: FMCC) announced today that it will not issue a Reference Notes® security on September 1, 2010. The company's 2010 Reference Notes calendar designates dates that it may use to announce the issuance of Reference Notes securities

WASHINGTON, D.C. - September 1, 2010 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending August 27, 2010. The Market Composite Index, a measure of mortgage loan application volume, increased 2.7 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 2.3 percent compared with the previous week.

WASHINGTON, DC - September 1, 2010 - (RealEstateRama) -- Business Solutions, an affiliate of the American Bankers Association, has entered into an exclusive, multiyear agreement with TeleTech Loan Services, LLC, a subsidiary of TeleTech Holdings Inc. (NASDAQ: TTEC), to offer mortgage fulfillment services to ABA member banks.

Roswell, NM - August 31, 2010 - (RealEstateRama) -- PrimeSource Mortgage, Inc. (PSMI), a leading mortgage brokerage and banking company, and a wholly owned subsidiary of PSM Holdings, Inc. (OTCBB: PSMH) today announced the opening of a new office in Spokane, WA.

Home Values Edge Down Slightly Relative to a Year Ago. McLean, VA - August 31, 2010 - (RealEstateRama) -- Freddie Mac (OTC:FMCC) announced today the results of its second quarter Conventional Mortgage Home Price Index (CMHPI).

LOS ANGELES, CA - August 30, 2010 - (RealEstateRama) -- A former mortgage broker who helped orchestrate a massive mortgage fraud scheme that caused well over $40 million in losses was sentenced today to 78 months in federal prison

McLean, VA - August 30, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today named Subha V. Barry to the position of chief diversity officer (CDO). In this position, Barry will lead the company's newly formed Office of Diversity and Inclusion, with overall responsibility for the combined functions of Diversity and Inclusion and Supplier Diversity. She will be responsible for developing business strategies focused on the needs of a diverse workforce, working closely with other members of Freddie Mac's senior management team to ensure the company is effectively utilizing diverse talent (both within its employee base and its suppliers), enhance the annual diversity planning process and manage performance against the company's diversity plans. Barry will also design and launch the new Executive Diversity Council. She will report directly to CEO Charles E. "Ed" Haldeman, Jr., with whom she will jointly lead the Executive Diversity Council, and will be a member of Freddie Mac's management committee. In addition, Barry will work with Freddie Mac's business units to ensure the maximization of opportunities in diverse market segments

New York, NY - August 27, 2010 - (RealEstateRama) -- PREET BHARARA, the United States Attorney for the Southern District of New York, announced that RAVI PERSAUD,

MILFORD, CT - August 26, 2010 - (RealEstateRama) -- Total Mortgage Services, LLC, a leading mortgage lender and broker, announced today that it has been named to the 2010 Inc. 5000 list of America’s Fastest Growing Companies. The company was ranked as number 2,815 on the Inc. 5000’s annual list with a three year growth rate of 79 percent.

McLean, VA - August 26, 2010 - (RealEstateRama) -- Freddie Mac (OTC: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), and for yet another week, fixed-rate mortgages reached record lows, while the 5-year adjustable rate remained tied at its low for this survey. (The 30-year fixed-rate survey began in 1971, the 15-year began in 1991, and the 5-year adjustable in 2005

WASHINGTON, D.C. - August 26, 2010 - (RealEstateRama) -- The delinquency rate for mortgage loans on one-to-four-unit residential properties dropped to a seasonally adjusted rate of 9.85 percent of all loans outstanding as of the end of the second quarter of 2010, a decrease of 21 basis points from the first quarter of 2010, and an increase of 61 basis points from one year ago, according to the Mortgage Bankers Association’s (MBA) National Delinquency Survey. The non-seasonally adjusted delinquency rate increased two basis points to 9.40 percent this quarter from 9.38 percent last quarter.

Washington, DC - August 26, 2010 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today released its first Conservator’s Report on the Enterprises’ Financial Condition. The Conservator’s Report provides an overview of key aspects of the financial condition of Fannie Mae and Freddie Mac (the Enterprises) during conservatorship. The report will be released on a quarterly basis following the filing of the Enterprises’ financial results with the Securities and Exchange Commission (SEC).

Washington, DC - August 26, 2010 - (RealEstateRama) -- The Federal Housing Finance Agency today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some ARM contracts, was 4.78 percent based on loans closed in July. This is a decrease of 0.13 percent from the previous month. This Contract Rate series can be found at http://www.fhfa.gov/Default.aspx?Page=251.

WASHINGTON, D.C. - August 25, 2010 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its Weekly Mortgage Applications Survey for the week ending August 20, 2010. The Market Composite Index, a measure of mortgage loan application volume, increased 4.9 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 4.5 percent compared with the previous week

Washington, DC - August 25, 2010 - (RealEstateRama) -- The Mortgage Bankers Association (MBA) today released its mid-year ranking of commercial and multifamily mortgage servicers as of the end of June 30, 2010. Topping the list of firms is Wells Fargo with $462.8 billion in U.S. master and primary servicing, followed by PNC Real Estate/Midland Loan Services with $307.9 billion, Berkadia Commercial Mortgage with $202.6 billion, Bank of America Merrill Lynch with $133.4 billion and KeyBank Real Estate Capital with $124.7 billion

Washington, DC - August 25, 2010 - (RealEstateRama) -- Commissioner Gennet Purcell, Esq., of the DC Department of Insurance, Securities and Banking (DISB) today announced the indictment of Renaldo D. Gillis and Afolasade Orekoya for their leadership in an extensive mortgage fraud “flipping” scheme in the District of Columbia after a joint investigation with federal law enforcement.

NEW YORK, NY - August 25, 2010 - (RealEstateRama) -- Chase announced today that it has offered more than 900,000 mortgage modifications to struggling homeowners since the beginning of 2009 through a wide range of government and Chase initiatives to address the housing crisis.