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Fannie Mae and Freddie Mac Publish Joint Enterprise Credit Score Solicitation
Washington, D.C. – The Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac (the Enterprises) have published a Joint Credit Score Solicitation. "The publication of the solicitation is the first step in the process of evaluating new credit score models," said FHFA...
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FHFA Announces Fannie Mae and Freddie Mac Update on LIBOR Transition
Washington, D.C. – The Federal Housing Finance Agency today announced additional steps Fannie Mae and Freddie Mac (the Enterprises) are taking as they transition from the London Interbank Offered Rate (LIBOR), the world's most widely used interest rate benchmark: New language will be required for...
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FHFA Hires Financial Advisor
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) selected Houlihan Lokey Capital, Inc. (Houlihan Lokey) as a financial advisor to assist in the development and implementation of a roadmap to responsibly end the conservatorships of Fannie Mae and Freddie Mac (the Enterprises)...
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FHFA Proposes Updated Minimum Financial Eligibility Requirements for Fannie Mae and Freddie Mac Seller/Servicers
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today proposed updated minimum financial eligibility requirements for Fannie Mae and Freddie Mac Seller/Servicers. The updated minimum financial requirements will further strengthen the Enterprises' Seller/Servicer requirements and provide...
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FHFA House Price Index Up 0.2 Percent in November; Up 4.9 Percent from Last Year
Washington, D.C. – U.S. house prices rose in November, up 0.2 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 4.9 percent from November 2018 to November 2019. The previously reported 0.2 percent increase for October...
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FHFA Announces New Hires
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that Kate Tyrrell recently joined FHFA as Deputy Chief of Staff and Executive Secretary, and that George Brown joined the Agency as a Senior Congressional Affairs Advisor. Prior to joining FHFA, Tyrrell served as the Deputy...
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Former CFTC Chair Appointed Chairman of Common Securitization Solutions; FHFA Announces Changes to Board Structure
Washington, D.C. — Today, the Federal Housing Finance Agency (FHFA) announced that J. Christopher “Chris" Giancarlo, former Chairman of the U.S. Commodity Futures Trading Commission (CFTC), will serve as independent, non-Executive Chairman of the Board of Directors of Common Securitization Solutions...
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Nearly 4.4 Million Homeowners Helped Since Conservatorship
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its third quarter 2019 Foreclosure Prevention and Refinance Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 26,475 foreclosure prevention actions in the third quarter of 2019, bringing the...
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FHFA House Price Index Up 0.2 Percent in October; Up 5.0 Percent from Last Year
Washington, D.C. – U.S. house prices rose in October, up 0.2 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 5.0 percent from October 2018 to October 2019. The previously reported 0.6 percent increase for September...
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Agencies Extend Comment Period for Proposed Rule to Amend Swap Margin Rules
Joint Release Board of Governors of the Federal Reserve System Farm Credit Administration Federal Deposit Insurance Corporation Federal Housing Finance Agency Office of Comptroller of the Currency Five federal agencies today announced they will reopen and extend until January 23, 2020, the comment...