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Detroit, Michigan NSI
PageContent 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...
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Home Affordable Refinance Program (HARP)
**updated May 8, 2015 - HARP program extended through 2016. Program Overview The Federal Housing Finance Agency (FHFA) and the Department of the Treasury introduced HARP in early 2009 as part of the Obama Administration’s Making Home Affordable program. HARP provides borrowers, who may not otherwise...
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FHFA Director James Lockhart Outlines Progress and Challenges on Agency’s First Anniversary
PageContent FHFA FACT SHEET REPORTS The Housing and Economic Recovery Act of 2008 (HERA) directed the Federal Housing Finance Agency (FHFA) to conduct studies on topics integral to the regulation of the housing GSEs. The following is a summary: The Fannie Mae and Freddie Mac Single-Family Guarantee...
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Conservatorship of Fannie Mae and Freddie Mac
News Releases/Statements 9/07/2008 Statement of FHFA Director James B. Lockhart at News Conference Announcing Conservatorship of Fannie Mae and Freddie Mac 9/07/2008 Statement of Federal Housing Finance Agency Regarding Contracts of Enterprises in Conservatorship 9/16/2008 Interim Final Rule on...