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FHFA Proposes Minimum Financial Eligibility Requirements for Fannie Mae and Freddie Mac Seller/Servicers
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today proposed new minimum financial eligibility requirements for Fannie Mae and Freddie Mac Seller/Servicers. These newly proposed eligibility requirements align the minimum financial requirements for mortgage Seller/Servicers to do...
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FHFA Index Shows Mortgage Interest Rates Decreased Slightly in December
Washington, D.C. – Nationally, interest rates on conventional purchase-money mortgages decreased 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...
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FHFA House Price Index Up 0.8 Percent in November
Washington, D.C. – U.S. house prices rose in November, up 0.8 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 change in October was revised downward to a 0.4...
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FHFA Releases 2015 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions
PageContent Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released the 2015 Scorecard outlining specific priorities for Fannie Mae, Freddie Mac and their joint venture, Common Securitization Solutions, LLC. The 2015 Scorecard furthers the goals outlined in FHFA's Strategic...
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FHFA Index Shows Mortgage Interest Rates Decrease in November 2014
Washington, D.C. – Nationally, interest rates on conventional purchase-money mortgages decreased 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...
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FHFA House Price Index Up 0.6 Percent in October
Washington, D.C. – U.S. house prices rose in October, up 0.6 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 house price change of 0.0 percent in September remained...
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Foreclosure Preventions Actions Top 3.3 Million Through Third Quarter
Washington, DC – The Federal Housing Finance Agency (FHFA) today released a report showing that Fannie Mae and Freddie Mac completed approximately 72,700 foreclosure prevention actions in the third quarter, bringing the total to more than 3.3 million since the start of the conservatorships in...
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HARP Refinances Top 3.2 Million
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that the total volume of mortgage refinances increased slightly in the third quarter. According to FHFA’s Refinance Report, total refinance volume for the third quarter exceeded 389,000, while refinances through the Home...
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FHFA Directs Fannie Mae and Freddie Mac to Change Requirement Relating to Sales of Existing REO
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today directed Fannie Mae and Freddie Mac (the Enterprises) to alter one of their policies relating to the sale of real estate owned (REO) properties in their current inventory. The change will permit the two companies to sell existing...
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FHFA Index Shows Mortgage Interest Rates Increase in October
Washington, D.C. – Nationally, interest rates on conventional purchase-money mortgages increased 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...