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Fannie Mae and Freddie Mac Update Their Private Mortgage Insurer Eligibility Requirements
Washington, D.C. – The Federal Housing Finance Agency today announced that Fannie Mae and Freddie Mac (the Enterprises) have published revised Private Mortgage Insurer Eligibility Requirements (PMIERs) for private mortgage insurance companies that insure mortgage loans either owned or guaranteed by...
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FHFA Index Shows Mortgage Rates Increased in August
Washington, D.C. - Nationally, interest rates on conventional purchase-money mortgages increased from July to August, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 4.63...
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Foreclosure Preventions Near 4.2 Million In FHFA's Second Quarter 2018 Report
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its second quarter 2018 Foreclosure Prevention Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 70,945 foreclosure prevention actions in the second quarter of 2018, bringing the total number of...
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FHFA House Price Index Up 0.2 Percent in July
Washington, D.C. – U.S. house prices rose in July, up 0.2 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 June was revised upward to 0.3 percent. The FHFA...
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Agencies Approve Amendments to Swap Margin Rule
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 Washington, D.C.—Five federal agencies approved final amendments to swap margin requirements to...
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FHFA Issues Notice of Proposed Rulemaking on Uniform Mortgage-Backed Security
Washington, D.C. – The Federal Housing Finance Agency (FHFA) is issuing a proposed rule to require Fannie Mae and Freddie Mac (the Enterprises) to align programs, policies, and practices that affect the prepayment rates of “To-Be-Announced" (TBA)-eligible mortgage-backed securities (MBS). The...
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FHFA Index Shows Mortgage Rates Increased in July 2018
Washington, D.C. - Nationally, interest rates on conventional purchase-money mortgages increased from June to July, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 4.60...
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U.S. House Prices Rise 1.1 Percent in Second Quarter
Washington, D.C. – U.S. house prices rose 1.1 percent in the second quarter of 2018 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 6.5 percent from the second quarter of 2017 to the second quarter of 2018. FHFA’s seasonally adjusted monthly index...
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Fannie Mae and Freddie Mac to Conclude Single-Family Rental Pilot Programs
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac (the Enterprises) will conclude their single-family rental pilot programs and then terminate their participation in the single-family rental market except through their previously existing...
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Fannie Mae and Freddie Mac Refinance Volume Down in Second Quarter 2018
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that Fannie Mae and Freddie Mac completed 299,466 refinances in the second quarter of 2018, compared with 356,002 in the first quarter. FHFA's second quarter Refinance Report also shows that 2,973 loans were refinanced...