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U.S. House Prices Rise 4.3 Percent over the Prior Year; Up 0.7 Percent from the Second Quarter of 2024
U.S. house prices rose 4.3 percent between the third quarter of 2023 and the third quarter of 2024, according to the Federal Housing Finance Agency (FHFA) House Price Index (FHFA HPI®). House prices were up 0.7 percent compared to the second quarter of 2024. FHFA’s seasonally adjusted monthly index...
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FHFA Enables Fannie Mae and Freddie Mac to Expand Support for Rental Housing
The Federal Housing Finance Agency (FHFA) will allow greater rental housing support from Fannie Mae and Freddie Mac (the Enterprises) by raising the multifamily loan purchase cap for each Enterprise to $73 billion, representing $146 billion in total 2025 multifamily market support and a more than 4...
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FHFA Releases FY 2024 Performance and Accountability Report
The Federal Housing Finance Agency (FHFA) today released its annual Performance and Accountability Report, which details FHFA’s activities as regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac during fiscal year 2024. For the sixteenth...
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FHFA Announces FHLBank Partnerships with Fannie Mae and Freddie Mac to Expand Housing Access for Tribal Communities
The Federal Housing Finance Agency (FHFA) today announced two partnerships involving Fannie Mae, Freddie Mac, and Federal Home Loan Banks (FHLBanks) to boost awareness and liquidity for programs that expand housing access for tribal communities. In one partnership, the FHLBank of Des Moines will...
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FHFA Announces New Staffing Update
Today, the Federal Housing Finance Agency (FHFA) announced that Victoria Nahrwold has been named Deputy Director, Division of Enterprise Regulation (DER). Division of Enterprise Regulation provides management oversight, direction, and support for all examination activity involving the Enterprises...
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FHFA Simplifies Process for Nonprofits, Other Project Applicants to Receive FHLBank Funding for Affordable Housing
The Federal Housing Finance Agency (FHFA) today issued an Advisory Bulletin (AB) that simplifies the process for project sponsors to receive Federal Home Loan Bank (FHLBank) funds for affordable housing projects. Each of the 11 FHLBanks operates an Affordable Housing Program (AHP) providing grants...
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FHFA House Price Index Up 0.3 Percent in August; Up 4.2 Percent from Last Year
U.S. house prices rose 0.3 percent in August, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 4.2 percent from August 2023 to August 2024. The previously reported 0.1 percent price increase in July was revised upward to 0...
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FHFA Announces Updates to Enterprise Policies on Appraisals, Loan Repurchase Alternatives, and Pricing Notifications
The Federal Housing Finance Agency (FHFA) announced updates today to several Fannie Mae and Freddie Mac (the Enterprises) policies that are intended to enhance efficiencies and promote cost savings in the single-family mortgage market. “Today’s announcements highlight actions that will better ensure...
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FHFA Proposes Rule to Improve Federal Home Loan Bank Governance
The Federal Housing Finance Agency (FHFA) issued a notice of proposed rulemaking which addresses boards of directors and executive management of the Federal Home Loan Banks (FHLBanks) and the FHLBank System’s Office of Finance. The proposed rule will update and clarify regulatory requirements on a...
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FHLBanks Helped Nearly 65,000 Households Through Key Affordable Housing, Community Development Programs: FHFA Report
The Federal Home Loan Banks’ (FHLBanks) affordable housing and community development support grew significantly last year, as earnings improvement across the FHLBank System corresponded with greater commitments to lower-income communities. The Report on 2023 Federal Home Loan Bank Targeted Mission...