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  2. Freddie Mac - Wikipedia

    en.wikipedia.org/wiki/Freddie_Mac

    The Federal Home Loan Mortgage Corporation (FHLMC), commonly known as Freddie Mac, is an American publicly traded, government-sponsored enterprise (GSE), headquartered in Tysons, Virginia. [ 3 ] [ 4 ] The FHLMC was created in 1970 to expand the secondary market for mortgages in the US.

  3. PHH Corporation - Wikipedia

    en.wikipedia.org/wiki/PHH_Corporation

    Between April 30, 1997 and February 1, 2005, PHH was a wholly owned subsidiary of Cendant Corporation (now known as Avis Budget Group) and its predecessors that provided mortgage banking services, facilitated employee relocations and provided vehicle fleet management and fuel card services. [citation needed]

  4. Mortgage industry of the United States - Wikipedia

    en.wikipedia.org/wiki/Mortgage_industry_of_the...

    Investors in conforming loans, meanwhile, gain low-risk income at a higher interest rate (essentially the mortgage rate, minus the cuts of the bank and GSE) than they could gain from most other bonds. Securitization has grown rapidly in the last 10 years as a result of the wider dissemination of technology in the mortgage lending world.

  5. US 30-year fixed-rate mortgage flirts with 7% - AOL

    www.aol.com/us-30-fixed-rate-mortgage-173752564.html

    The average rate on the popular 30-year fixed-rate mortgage increased to 6.91%, the highest level since early July, from 6.85% last week, mortgage finance agency Freddie Mac said on Thursday.

  6. Union Home Mortgage - Wikipedia

    en.wikipedia.org/wiki/Union_Home_Mortgage

    Union Home Mortgage is an American mortgage loan company based in Strongsville, Ohio. [1] Founded in 1970, [ 1 ] the company reports that it operates in 44 states plus Washington, D.C. , with over $5 billion in annual lending volume. [ 2 ]

  7. Government National Mortgage Association - Wikipedia

    en.wikipedia.org/wiki/Government_National...

    Ginnie Mae is similar to Fannie Mae (Federal National Mortgage Association) and Freddie Mac (Federal Home Loan Mortgage Corporation) with the difference being that Ginnie Mae is a wholly owned government corporation whereas Fannie Mae and Freddie Mac are "government-sponsored enterprises" (GSEs), which are federally chartered corporations ...

  8. US 30-year mortgage rate tops 7%, highest since May 2024 - AOL

    www.aol.com/us-30-mortgage-rate-tops-120304055.html

    The average contract rate on a 30-year fixed-rate mortgage rose 10 basis points in the week ended Jan. 10, the Mortgage Bankers Association said on Wednesday. ... US 30-year mortgage rate tops 7% ...

  9. Fannie Mae - Wikipedia

    en.wikipedia.org/wiki/Fannie_Mae

    Its brother organization is the Federal Home Loan Mortgage Corporation (FHLMC), better known as Freddie Mac. In 2024, with over $4.3 trillion in assets, Fannie Mae is the largest company in the United States and the fifth largest company in the world, by assets.

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