FHFA Announces FHLBank Partnerships with Fannie Mae and Freddie Mac to Expand Housing Access...
The Federal Housing Finance Agency (FHFA) today announced two partnerships involving Fannie Mae, Freddie Mac, and Federal
FHFA Expands Housing Market Data Resources with New Manufactured House Price Index
The Federal Housing Finance Agency (FHFA) published today new national datasets on price trends for manufactured homes. FHFA’s release of the House Price Index (HPI) and median prices for
FHFA Proposes Rule to Expand Access to Liquidity for the Federal Home Loan Banks
The Federal Housing Finance Agency (FHFA) issued a notice of proposed rulemaking on Federal Home Loan Bank (FHLBank) Unsecured Credit Limits. The proposed rule would improve the
FHFA House Price Index® Unchanged in May; Up 5.7 Percent from Last Year
U.S. house prices were unchanged in May, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 5.7 percent
FHFA House Price Index Up 0.2 Percent in April; Up 6.3 Percent from Last...
U.S. house prices rose in April, up 0.2 percent from March, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House
FHFA House Price Index Up 1.2 Percent in February; Up 7.0 Percent from Last...
U.S. house prices rose in February, up 1.2 percent from January, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House
FHFA Announces Key Updates for Implementation of Enterprise Credit Score Requirements
The Federal Housing Finance Agency (FHFA) today announced updates to the implementation of new credit score requirements
FHFA Announces $301 Million for Affordable Housing Programs
The Federal Housing Finance Agency (FHFA) announced that the Housing Trust Fund and Capital Magnet Fund will receive approximately $301 million for affordable housing initiatives from
FHFA Announces Conforming Loan Limit Values for 2024
The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit values (CLLs) for mortgages Fannie Mae and Freddie Mac (the Enterprises) will acquire in 2024. In most of the
FHFA Announces Rescission of Enterprise Upfront Fees Based on Debt-To-Income (DTI) Ratio
The Federal Housing Finance Agency (FHFA) today announced that it has rescinded the upfront fees based on borrowers' DTI
The National Fair Housing Alliance and Advocates Urge the Federal Housing Finance Agency to...
The National Fair Housing Alliance® (“NFHA™”) and allied advocacy organizations have submitted a comment letter to the Federal Housing Finance Agency (“FHFA”) in response to FHFA’s
FHFA Releases 1st Quarter 2022 Foreclosure Prevention and Refinance Report
The Federal Housing Finance Agency (FHFA) today released its first quarter 2022 Foreclosure Prevention and Refinance Report?. The report shows that Fannie Mae and Freddie Mac (the Enterprises) completed
Fannie Mae and Freddie Mac Foreclosure Prevention Actions Top 3.1Million
WASHINGTON, D.C. - April 3, 2014 - (RealEstateRama) -- Fannie Mae and Freddie Mac have completed more than 3.1 million foreclosure prevention actions since the start of conservatorship in 2008. These actions have helped more than 2.5 million borrowers stay in their homes, including nearly 1.6 million who received permanent loan modifications. During 2013, Fannie Mae and Freddie Mac completed nearly 448,000 foreclosure prevention actions, 99,700 of these in the fourth quarter. The majority of these allowed troubled borrowers to save their homes. The results are detailed in the Federal Housing Finance Agency’s fourth quarter 2013 Foreclosure Prevention Report, also known as the Federal Property Manager’s Report
FHFA Announces $9.3 Billion Settlement With Bank of America Corporation;
WASHINGTON, D.C. - March 27, 2014 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA), as conservator of Fannie Mae and Freddie Mac, today announced it has reached a settlement in cases involving Bank of America, Countrywide Financial, Merrill Lynch, and certain named individuals totaling approximately $5.83 billion. Bank of America Corporation owns Countrywide and Merrill Lynch. The cases alleged violations of federal and state securities laws in connection with private-label, residential mortgage-backed securities (PLS) purchased by Fannie Mae and Freddie Mac between 2005 and 2007. Allegations of common law fraud were made in the Countrywide and Merrill Lynch cases
FHFA Index Shows Mortgage Interest Rates Decrease Slightly in February
WASHINGTON, D.C. - March 27, 2014 - (RealEstateRama) -- National data shows interest rates on mortgages decreased in February. Contract mortgage interest rates decreased 0.07 percent from January to February, according to an index of new mortgage contracts
FHFA House Price Index Up 0.5 Percent in January
WASHINGTON, D.C. - March 25, 2014 - (RealEstateRama) -- U.S. house prices rose in January, with an increase of 0.5 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) monthly House Price Index (HPI). The seasonally adjusted purchase-only index for the U.S. has shown increases for 23 of the last 24 months, beginning with February 2012.
Agencies Issue Proposed Rule on Minimum Requirements for Appraisal Management Companies
WASHINGTON, D.C. - March 24, 2014 - (RealEstateRama) -- Six agencies today issued a proposed rule that would implement minimum requirements for state registration and supervision of appraisal management companies (AMCs). An AMC is an entity that serves as an intermediary between appraisers and lenders and provides appraisal management services.
Federal Housing Finance Agency Announces Departure of Edward J. DeMarco
WASHINGTON, D.C. - March 24, 2014 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today announced that Edward J. DeMarco will depart the Agency at the end of April.
FHFA Announces $1.2 5 B illion Settlement W ith Morgan Stanley
WASHINGTON, D.C. - February 10, 2014 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA), as conservator of Fannie Mae and Freddie Mac, today announced it has reached a settlement with Morgan Stanley, related companies and specifically named individuals for $1.25 billion. The settlement resolves claims in the lawsuit FHFA v. Morgan Stanley, et al. in the U.S. District Court of the Southern District of New York. The settlement addresses claims alleging violations of federal and state securities laws and common law fraud in connection with private-label mortgage-backed securities (PLS) purchased by Fannie Mae and Freddie Mac between 2005 and 2007.
Federal Housing Finance Agency Director Mel Watt Announces Four Staff Appointments
Washington, DC - January 10, 2013 - (RealEstateRama) -- Mel Watt, who was sworn in on January 6, 2014 as Director of the Federal Housing Finance Agency, today announced the appointment of four special advisors —Megan Moore, Bob Ryan, Eric Stein and Mario Ugoletti — to provide counsel on policy and strategic decisions at the FHFA.