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  • News Release

    FHFA Announces Principal Reduction Modification Program and Further Enhancements to NPL Sales Requirements

    Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac will offer principal reduction to certain seriously delinquent, underwater borrowers who are still struggling in the aftermath of the financial crisis to help them avoid foreclosure and stay...

  • News Release

    FHFA Index Shows Mortgage Interest Rates Decreased in February

    Washington, D.C. – Nationally, interest rates on conventional purchase-money mortgages decreased from January to February, 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...

  • News Release

    Foreclosure Prevention Actions Top 3.6 Million

    ​Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that Fannie Mae and Freddie Mac completed 47,769 foreclosure prevention actions in the fourth quarter of 2015, bringing the total number of foreclosure prevention actions to over 3.6 million since the start of the...

  • News Release

    FHFA House Price Index Up 0.5 Percent in January

    Washington, D.C. – U.S. house prices rose in January, 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 December was revised upward to reflect...

  • News Release

    FHFA Index Shows Mortgage Interest Rates Increased in January

    Washington, D.C. – Nationally, interest rates on conventional purchase-money mortgages increased from December to January, 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...

  • News Release

    U.S. House Prices Rise 1.4 Percent in Fourth Quarter; 18 Consecutive Quarterly Increases

    Washington, D.C. – U.S. house prices rose 1.4 percent in the fourth quarter of 2015 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). This is the eighteenth consecutive quarterly price increase in the purchase-only, seasonally adjusted index. House prices rose 5.8...

  • News Release

    HARP Refinances Total 3.38 Million Through the Fourth Quarter

    ​​​​Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that the number of loans refinanced through the Home Affordable Refinance Program (HARP) through the fourth quarter totaled 3,380,558 since the inception of the program in 2009. FHFA’s fourth quarter Refinance Report...

  • News Release

    FHFA, Fannie Mae and Freddie Mac Announce Independent Dispute Resolution Program

    Washington, D.C. – FHFA today announced that Fannie Mae and Freddie Mac (the Enterprises) have implemented an independent dispute resolution (IDR) process for resolving repurchase disputes. The program enables lenders to submit unresolved loan level disputes to a neutral third party arbitrator after...

  • News Release

    FHFA Index Shows Mortgage Interest Rates Increased in December

    Washington, D.C. – 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...

  • News Release

    FHFA House Price Index Up 0.5 Percent in November

    ​Washington, D.C. – 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 0.5 percent increase in October is unchanged. The FHFA...