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FHFA Issues Final Rule Amending Federal Home Loan Banks' Affordable Housing Program Regulation
Washington, DC – The Federal Housing Finance Agency (FHFA) has published a final rule amending its regulation for the Federal Home Loan Banks' (FHLBanks) Affordable Housing Program (AHP). The final rule provides additional flexibility at the local level for the FHLBanks, in consultation with their...
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Fannie Mae and Freddie Mac Refinance Volume Decreases In Third Quarter 2018
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that Fannie Mae and Freddie Mac completed 253,135 refinances in the third quarter of 2018, compared with 299,460 in the second quarter. FHFA's third quarter Refinance Report also shows that 1,865 loans were refinanced...
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FHFA Releases 2018 Performance and Accountability Report
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its 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 2018. For the...
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FHFA Updates Progress on the Single Security Initiative and Common Securitization Platform
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today published An Update on the Single Security Initiative (SSI) and the Common Securitization Platform (CSP) detailing activity and progress on the development of the CSP and toward the launch of a single, common security called the...
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FHFA and BCFP Release National Survey of Mortgage Originations Dataset for Public Use
Washington, D.C. – The Federal Housing Finance Agency (FHFA) and the Bureau of Consumer Financial Protection (BCFP) today released for public use a new loan-level dataset collected through the National Survey of Mortgage Originations (NSMO) that provides insights into borrowers’ experiences in...
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FHFA Announces 2019 Multifamily Lending Caps for Fannie Mae and Freddie Mac
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that the 2019 multifamily lending caps for Fannie Mae and Freddie Mac (the Enterprises) will be $35 billion for each Enterprise, unchanged from the 2018 caps. The caps are based on FHFA’s projections of the overall size...
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FHFA Updates Progress on Fannie Mae and Freddie Mac Credit Risk Transfer Programs
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today issued a Credit Risk Transfer Progress Report describing the status and volume of credit risk transfer (CRT) transactions through the second quarter of 2018. The Report provides a comprehensive picture of how Fannie Mae and Freddie...
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FHFA Issues Proposed Rule on Federal Home Loan Bank Housing Goals
Washington, D.C. – The Federal Housing Finance Agency (FHFA) is seeking comments on proposed amendments to the existing regulation for the Federal Home Loan Bank (FHLBank) Housing Goals. The proposed rule would: Set a single prospective mortgage purchase housing goal as a share of each FHLBank's...
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FHFA Indices Show Little Movement in Mortgage Rates in September
Washington, D.C. - Nationally, interest rates on conventional purchase-money mortgages were nearly flat from August to September, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders...
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FHFA House Price Index Up 0.3 Percent in August
Washington, D.C. – U.S. house prices rose in August, up 0.3 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The previously reported 0.2 percent increase in July was revised upward to 0.4 percent. The FHFA...