Fact Sheets

Background The Federal Housing Finance Agency (FHFA) requires sales of non-performing loans (NPLs) by Freddie Mac and Fannie Mae (the Enterprises) to meet specific requirements. Drawing on the Enterprises’ experience with NPL sales, FHFA continues to enhance its NPL sales requirements, including...

Background The Neighborhood Stabilization Initiative (NSI) was jointly developed by the Federal Housing Finance Agency (FHFA) and Fannie Mae and Freddie Mac to stabilize neighborhoods that were hardest hit by the housing downturn, and to reduce the inventory of real estate owned (REO) properties...

The Federal Housing Finance Agency (FHFA) has issued a final rule to implement the Duty to Serve requirements specified in the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Housing and Economic Recovery Act of 2008. The statute requires Fannie Mae and...

​ PRINCIPAL REDUCTION MODIFICATION BACKGROUND The Federal Housing Finance Agency (FHFA) undertook an extensive evaluation to determine whether to implement a Principal Reduction Modification program for seriously delinquent, underwater borrowers whose loans are owned or guaranteed by Fannie Mae or...

Background On December 15, 2015, FHFA issued a proposed rule on Fannie Mae and Freddie Mac Duty to Serve Underserved Markets. The public comment period is 90 days from publication in the Federal Register. FHFA invites comments on all aspects of the proposed rule. FHFA issued an Advance Notice of...

​ NSI Pilots – Background ​The Neighborhood Stabilization Initiative (NSI) was jointly developed by the Federal Housing Finance Agency (FHFA) and Fannie Mae and Freddie Mac to stabilize neighborhoods that were hardest hit by the housing downturn and reduce the inventory of real estate owned (REO)...

​​​​​Summary – The Federal Housing Finance Agency (FHFA) has completed a comprehensive review of the agency's policy for guarantee fees charged by Fannie Mae and Freddie Mac (the Enterprises). FHFA's review considered multiple factors, including responses to the agency's June 2014 request for public...

PageContent ​​The Neighborhood Stabilization Initiative (NSI) was jointly developed by the Federal Housing Finance Agency (FHFA) and Fannie Mae and Freddie Mac. It is a pilot program designed to stabilize neighborhoods that have been hardest hit by the housing downturn by improving upon existing...

PageContent ​ ​​Summary The Neighborhood Stabilization Initiative (NSI) was jointly developed by the Federal Housing Finance Agency (FHFA), and Fannie Mae and Freddie Mac. Announced in May 2014, it is a pilot program designed to stabilize neighborhoods that have been hardest hit by the housing...

​​​​Summary The Neighborhood Stabilization Initiative (NSI) was jointly developed by the Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Mac to stabilize neighborhoods that have been hardest hit by the housing crisis. The program includes two distinct pre-foreclosure strategies and...