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The Latest Breaking News from Freddie

The secret names of the drug lines gangs use to spread misery

County lines drug rings see criminal networks in large cities in England expand their reach into Welsh communities using local drug dealers to bombard customers and organise deals through phone lines with secret names

Wales Online

Best flower subscription services to sign up for in the UK

Pretty petals on demand

Evening Standard

The Biden Administration Flirts With Imposing Nationwide Rent Control Via Executive Action

The White House's idea of using Freddie Mac and Fannie Mae to adopt rent control faces numerous legal and practical hurdles.

Reason

From analysis to the latest developments in health,
read the most diverse news in one place.

Why This Housing Downturn Isn't Like the Last One

The pandemic housing boom is over. The bust will look nothing like the last one.

Bangkok Post

US government to back mortgages of more than $1 million

The federal government plans to back mortgages of more than $1 million, catching up with the dramatic rise in U.S. home prices in recent years.

Tribune News Service

Check out UFB Direct—an online bank offering savings products with APYs of at least 5%

Savers might find that UFB’s high rates complement their existing banking relationship.

Fortune

Mortgage interest rates are rising. If you’re looking at adjustable-rate loans, know the risks

A few years after risky mortgages and related investments led to a global financial collapse, the Federal Reserve put out a handbook to help consumers make smarter choices about their home loan options. The focus was on adjustable-rate mortgages, whose exotic variants were among the prime culprits in the meltdown.

Los Angeles Times

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Buying or selling a condo? 6 key takeaways from new US mortgage rules prompted by Surfside collapse

In the wake of the Champlain Towers South collapse in Surfside, Florida last year, the two federally chartered agencies that back most residential mortgages in the country, Freddie Mac and Fannie Mae, have instituted new rules requiring lenders to verify the condition of condominium buildings before approving loans.

Miami Herald

If You Invested $1,000 In Fannie Mae Stock One Year Ago, Here's How Much You'd Have Now

Investors who have owned stocks over the last year have generally experienced some decent gains. In fact, the SPDR S&P 500 SPY (NYSE: SPY) total return over the last 12 months is 15.3%. But there is no question some big-name stocks performed better than others along the way.

Benzinga

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Consumer Financial Protection Bureau

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