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FHFA Announces Settlement with Goldman Sachs
Washington, D.C. – The Federal Housing Finance Agency (FHFA), as conservator of Fannie Mae and Freddie Mac, today announced it has reached a settlement with Goldman Sachs, related companies and certain named individuals. The settlement addresses claims alleging violations of federal and state...
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Refinances Tick Up in June
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that the total volume of mortgage refinances increased slightly in June as mortgage rates decreased from May, according to FHFA's Second Quarter 2014 Refinance Report. Total refinance volume for the second quarter topped...
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FHFA Seeks Input on Single Security
Washington, DC – The Federal Housing Finance Agency (FHFA) today published a Request for Input on the proposed structure for a Single Security that would be issued and guaranteed by Fannie Mae or Freddie Mac. Developing the Single Security is a key goal of FHFA’s 2014 Strategic Plan for the...
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FHFA Index Shows Mortgage Interest Rates Continue to Decrease in June 2014
Washington, DC – Nationally, interest rates on mortgages decreased from May to June, according to an index of new mortgage contracts. According to the Federal Housing Finance Agency (FHFA), the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders...
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FHFA Announces Atlanta HARP Outreach Program
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced an outreach event to reach remaining homeowners who could benefit from the Home Affordable Refinance Program (HARP). FHFA Director Mel Watt will join housing experts and community leaders in a town hall-style meeting at...
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FHFA Extends Deadline for G-Fee Input to September 8
Washington, DC – The Federal Housing Finance Agency (FHFA) today announced that it is extending the deadline for its Request for Input on the guarantee fees (g-fees) that Fannie Mae and Freddie Mac charge lenders to Monday, September 8, 2014. The previous deadline to submit input to the FHFA was...
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U.S. House Prices Up 0.4 Percent in May
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that U.S. house prices rose 0.4 percent in May from the previous month. The April index value has been revised to reflect a 0.1 percent monthly price increase, above the original estimate of no change. The FHFA House Price...
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FHFA Requests Input on Draft Private Mortgage Insurer Eligibility Requirements for Fannie Mae and Freddie Mac Counterparties
Washington, D.C. – The Federal Housing Finance Agency (FHFA) is seeking input on draft requirements that would apply to private mortgage insurance companies that insure mortgage loans owned or guaranteed by Fannie Mae and Freddie Mac. These requirements would apply only to private mortgage...
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Fannie Mae and Freddie Mac Foreclosure Prevention Actions Near 3.2 Million Through First Quarter
Washington, D.C. – Fannie Mae and Freddie Mac have completed nearly 3.2 million foreclosure prevention actions since the start of the conservatorships in 2008, with approximately 88,800 actions occurring in the first quarter. These measures have helped more than 2.6 million borrowers stay in their...
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FHFA Index Shows Mortgage Interest Rates Decrease in May 2014
Washington, D.C. – National data show interest rates on mortgages decreased from April to May, according to an index of new mortgage contracts. According to the Federal Housing Finance Agency (FHFA), the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by...