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FHFA Extends Deadline for Public Input on Potential Chattel Loan Pilot in Duty to Serve Program
Washington, D.C. – The Federal Housing Finance Agency (FHFA) is extending the deadline, from Feb. 17, 2017 to March 21, 2017, for stakeholders to respond to a request for input on potential manufactured home chattel loans pilot initiatives for Fannie Mae and Freddie Mac (the Enterprises) as part of...
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FHFA Index Shows Mortgage Rates Increased in December
Washington, DC – Nationally, interest rates on conventional purchase-money mortgages increased from November to December, 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...
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FHFA House Price Index Up 0.5 Percent in November
Washington, DC – U.S. house prices rose in November, up 0.5 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) monthly House Price Index (HPI). The previously reported 0.4 percent increase in October was revised downward to a 0.3...
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FHFA Requests Public Input on Duty to Serve Program
Washington, D.C. – The Federal Housing Finance Agency (FHFA) is requesting public input on chattel loan pilot initiatives for Fannie Mae and Freddie Mac (the Enterprises) and the proposed Evaluation Guidance under the final rule on Duty to Serve Underserved Markets. FHFA issued a final rule on Dec...
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FHFA Index Shows Mortgage Rates Increased in November 2016
Washington, D.C. – Nationally, interest rates on conventional purchase-money mortgages increased from October to November, 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 3...
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FHFA Third Quarter Foreclosure Prevention Report: Seriously Delinquent Loans Drop to Lowest Level Since June 2008
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its third quarter Foreclosure Prevention Report which shows that the serious delinquency rate for mortgages owned or guaranteed by Fannie Mae and Freddie Mac (the Enterprises) has reached the lowest level since June of 2008...
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FHFA House Price Index Up 0.4 Percent in October
Washington, D.C. – U.S. house prices rose in October, up 0.4 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) monthly House Price Index (HPI). The previously reported 0.6 percent increase in September remained unchanged. The FHFA...
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FHFA Releases 2017 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released the 2017 Scorecard outlining specific conservatorship priorities for Fannie Mae, Freddie Mac, and their joint venture, Common Securitization Solutions, LLC. The 2017 Scorecard furthers the goals outlined in FHFA’s...
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FHFA Issues Final Rule on Fannie Mae and Freddie Mac Duty to Serve Underserved Markets
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today issued a final rule to implement the Duty to Serve provisions mandated by the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Housing and Economic Recovery Act of 2008. The statute requires...
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FHFA Announces Successful Implementation of Release 1 of the Common Securitization Platform
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that Release 1 of the Common Securitization Platform (CSP) was successfully implemented on November 21. This means that Freddie Mac is now using the CSP for Data Acceptance, Issuance Support, and Bond Administration...