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FHFA Releases 2016 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released the 2016 Scorecard outlining specific, conservatorship priorities for Fannie Mae, Freddie Mac, and their joint venture, Common Securitization Solutions, LLC. The 2016 Scorecard furthers the goals outlined in FHFA's Strategic...
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Foreclosure Prevention Actions Approaching 3.6 Million Through Third Quarter 2015
Washington, D.C. - The Federal Housing Finance Agency (FHFA) today reported that Fannie Mae and Freddie Mac completed 54,744 foreclosure prevention actions in the third quarter of 2015, bringing the total number of foreclosure prevention actions to just under 3.6 million since the start of the...
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FHFA Issues Proposed Rule on Fannie Mae and Freddie Mac Duty to Serve Underserved Markets
Washington, D.C. - The Federal Housing Finance Agency (FHFA) is seeking comments on a proposed rule to implement the Duty to Serve provisions of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Housing and Economic Recovery Act of 2008. This statute...
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U.S. House Prices Rise 1.3 Percent in Third Quarter; 17th Consecutive Quarterly Increase
Washington, D.C. – U.S. house prices rose 1.3 percent in the third quarter of 2015 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). This is the 17th consecutive quarterly price increase in the purchase-only, seasonally adjusted index. FHFA’s seasonally adjusted...
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2016 Maximum Conforming Loan Limits Established for Fannie Mae and Freddie Mac
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2016 will remain at existing levels, except in 39 high-cost counties where they will increase. In most of the country, the loan...
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FHFA Index Shows Mortgage Interest Rates Decreased in October
Washington, D.C. – Nationally, interest rates on conventional purchase-money mortgages decreased from September to October, 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...
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HARP Refinances Dip in Third Quarter
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that the total number of loans refinanced through the Home Affordable Refinance Program (HARP) in the third quarter declined compared to HARP refinances in the prior quarter. FHFA's third quarter Refinance Report indicates...
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FHFA Releases 2015 Performance and Accountability Report
Washington, DC – 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 2015. For the...
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FHFA Announces Expansion of Neighborhood Stabilization Initiative
Washington, DC – The Federal Housing Finance Agency (FHFA) today announced an expansion of the Neighborhood Stabilization Initiative (NSI) to 18 additional metropolitan areas around the country. Effective December 1, local community organizations w ill be given the opportunity to review and...
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Agencies Finalize 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 the Comptroller of the Currency Five federal agencies have issued a final rule to establish capital and margin requirements...