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FHFA Publishes New Product Notice for Freddie Mac Second Mortgage Proposal
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) sent to the Federal Register a notice of a proposed new product from Freddie Mac to begin purchasing certain single-family closed-end second mortgages. “The proposed activity is intended to provide homeowners with a cost...
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State Financial Regulators and FHFA Enter Into Mortgage Market Information Sharing Agreement
Joint Release Federal Housing Finance Agency Conference of State Bank Supervisors Washington, D.C. – The Conference of State Bank Supervisors (CSBS) and the Federal Housing Finance Agency (FHFA) today entered into a formal agreement designed to facilitate information sharing with respect to...
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FHFA Announces New Staffing Update
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) announced that Tracy Stephan has been named Chief Artificial Intelligence Officer (CAIO) and will continue in her role leading the FHFA Office of Financial Technology. FHFA’s CAIO will manage AI risk, promote AI...
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FHFA Advances Implementation of FHLBank System at 100 Recommendations
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today is providing an update on its implementation of the recommendations of the Federal Home Loan Bank (FHLBank) System at 100: Focusing on the Future report, which was published in November 2023 and followed the first...
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FHFA House Price Index Down 0.1 Percent in January; Up 6.3 Percent from Last Year
Washington, D.C. – U.S. house prices fell in January, down 0.1 percent from December, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 6.3 percent from January 2023 to January 2024. The previously...
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FHFA Releases 4th Quarter 2023 Foreclosure Prevention and Refinance Report
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its fourth quarter 2023 Foreclosure Prevention and Refinance Report. The report shows that Fannie Mae and Freddie Mac (the Enterprises) completed 43,903 foreclosure prevention actions during the...
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FHFA Announces 2024 Generative AI in Housing Finance TechSprint
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced its second TechSprint, an in-person team-based problem-solving event hosted by its Office of Financial Technology. FHFA’s Generative Artificial Intelligence (AI) in Housing Finance TechSprint will bring together...
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FHFA Announces Key Updates for Implementation of Enterprise Credit Score Requirements
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced updates to the implementation of new credit score requirements for single-family loans acquired by Fannie Mae and Freddie Mac (the Enterprises).
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FHFA Announces New Staffing Updates
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) announced two personnel updates. Anne Marie Pippin has been selected to serve as the Deputy Director for the Division of Conservatorship, Oversight, and Readiness. “With her extensive experience in mortgage finance, innovation, risk...
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FHFA Announces $301 Million for Affordable Housing Programs
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) announced that the Housing Trust Fund and Capital Magnet Fund will receive approximately $301 million for affordable housing initiatives from Fannie Mae and Freddie Mac (the Enterprises).