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How Federal Home Loan Mortgage Corp (OTCBB:FMCC) Will Benefit on Stabiliztion of Mortgage Industry?

 
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Las Vegas, NV -- (SBWIRE) -- 12/11/2013 -- Federal Home Loan Mortgage Corp (OTCBB:FMCC) announced that Senate selected Mel Watt to lead mortgage financiers agency. The Obama administration is taking initiatives to stabilize the mortgage industry.

FMCC announced a couple of days ago that the fee charged to the lenders can be increased. The 57-41 votes in Senate elected Mr. Watt as Federal Housing Finance Agency regulator. The company hopes that the regulations will help it stabilize its operations.

Federal Home Loan Mortgage Corporation or Freddie Mac is state-sponsored business that serves in residential mortgage market and serves in securities market. The Company works with in America in three segments namely Investments, Single-family Guarantee, and Multifamily.

To find out what OTCMAGIC projects for Federal Home Loan Mortgage Corp for both short term and long term please click here: FMCC

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