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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...
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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 manufactured homes provides quarterly data on the movement and level of manufactured home prices nationally. The...
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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 FHLBanks’ ability to provide liquidity to members by aligning the treatment of interest-bearing deposit accounts (IBDAs)...
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FHFA Releases NMDB® Residential Mortgage Dashboard
The Federal Housing Finance Agency (FHFA) updated the National Mortgage Database (NMDB®) Aggregate Statistics series to include new quarterly data on the loan performance of residential mortgages through the second quarter of 2024. The Agency also released a new interactive data visualization...
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FHFA Issues Advisory Bulletin to the Federal Home Loan Banks to Ensure a Sound Credit Risk Management Framework and Member Ability to Access Liquidity
The Federal Housing Finance Agency (FHFA) issued an Advisory Bulletin to the Federal Home Loan Bank (FHLBank) System that communicates guidance regarding the FHLBanks’ practices of providing their members with access to advances in a safe and sound manner.
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FHFA Re-Proposes Rule on Suspended Counterparty Program
The Federal Housing Finance Agency (FHFA) today announced that it has revised the Agency’s proposal to amend the Suspended Counterparty Program (SCP). The SCP regulation requires a regulated entity to report to FHFA if an individual or institution that it does business with has committed certain...
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FHFA Releases 2nd Quarter 2024 Foreclosure Prevention and Refinance Report
The Federal Housing Finance Agency (FHFA) today released its second quarter 2024 Foreclosure Prevention and Refinance Report. The report shows that Fannie Mae and Freddie Mac (the Enterprises) completed 46,378 foreclosure prevention actions during the quarter, raising the total number of homeowners...