Search & Filter
-
FHFA Announces Key Hires
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that Jonathan McKernan will join FHFA as Senior Counsel for Policy. Also, Raphael “Raffi” Williams recently joined the Agency as its Press Secretary and Senior Communications Advisor. McKernan comes to FHFA from the U.S...
-
Mortgage Translations Clearinghouse Now Includes Chinese and Spanish Language
Washington, D.C . – (October 23, 2019) – The Federal Housing Finance Agency (FHFA), Freddie Mac (OTCQB:FMCC), and Fannie Mae (FNMA/OTCQB) today announced the addition of the traditional Chinese language resources to the Mortgage Translations clearinghouse. These enhancements to the existing...
-
FHFA House Price Index Up 0.2 Percent in August; Up 4.6 Percent from Last Year
Washington, D.C. – U.S. house prices rose in August, up 0.2 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 4.6 percent from August 2018 to August 2019. The previously reported 0.4 percent increase for July 2019...
-
FHFA Instructs FHLBanks to Begin Transitioning Away from LIBOR
Washington, D.C. – Today, FHFA sent a letter to the 11 Federal Home Loan Banks instructing them that, as of December 31, 2019, they should stop purchasing investments in assets tied to LIBOR with a contractual maturity beyond December 31, 2021. As of March 31, 2020, the Federal Home Loan Banks...
-
FHFA Announces Agreement with Ms. Simone Grimes
Washington, D.C. – FHFA has reached a resolution with its employee, Simone Grimes. “Ms. Grimes brought forward serious issues and the Agency is pleased to have resolved these matters," said an Agency spokesperson. “I appreciate the Agency's attention and care to these issues. I felt that FHFA took...
-
More Than 4.3 Million Homeowners Helped Since Conservatorships
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its second quarter 2019 Foreclosure Prevention Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 31,757 foreclosure prevention actions in the second quarter of 2019, bringing the total number...
-
FHFA House Price Index Up 0.4 Percent in July; Up 5.0 Percent From Last Year
Washington, D.C. – U.S. house prices rose in July, up 0.4 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 5.0 percent from July 2018 to July 2019. The previously reported 0.2 percent increase for June 2019 remains...
-
FHFA Announces End of Mortgage Servicing Rights Financing Pilot Program
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the end of the Mortgage Servicing Rights (MSR) financing pilot program for Fannie Mae and Freddie Mac (the Enterprises). The MSR pilot began in 2018 to provide financing to non-bank servicers as they continue to account for...
-
FHFA Revises Multifamily Loan Purchase Caps for Fannie Mae and Freddie Mac
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced a revised cap structure on the multifamily businesses of Fannie Mae and Freddie Mac (the Enterprises). The new multifamily loan purchase caps will be $100 billion for each Enterprise, a combined total of $200 billion in...
-
U.S. House Prices Rise 1.0 Percent in Second Quarter; Up 5.0 Percent from Last Year
Washington, D.C. – U.S. house prices rose in the second quarter of 2019, up 1.0 percent according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 5.0 percent from the second quarter of 2018 to the second quarter of 2019. FHFA's seasonally adjusted monthly...