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FHFA Announces Fannie Mae and Freddie Mac Conforming Loan Limits for 2014
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that the 2014 maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac will remain at $417,000 for one-unit properties in most areas of the country. The Housing and Economic Recovery Act of 2008...
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FHFA Progress Report Details Advancement on Securitization Infrastructure and Credit Risk Sharing
Washington, D.C. – The Federal Housing Finance Agency (FHFA) issued a Progress Report today on the initiatives outlined in the Strategic Plan for the Enterprise Conservatorships and the 2013 Conservatorship Scorecard. In particular, important progress toward the building of a new secondary mortgage...
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FHFA Directs Fannie Mae and Freddie Mac to Restrict Lender-Placed Insurance Practices
Washington, D.C. – The Federal Housing Finance Agency (FHFA) announced today that it has directed Fannie Mae and Freddie Mac to prohibit servicers from being reimbursed for expenses associated with captive reinsurance arrangements. The announcement follows a Notice that FHFA published in the Federal...
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FHFA Directs Fannie Mae and Freddie Mac to Restrict Lender-Placed Insurance Practices
PageContent Washington, D.C. – The Federal Housing Finance Agency (FHFA) announced today that it has directed Fannie Mae and Freddie Mac to prohibit servicers from being reimbursed for expenses associated with captive reinsurance arrangements. The announcement follows a Notice that FHFA published in...
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FHFA Index Shows Mortgage Interest Rates Continue to Rise in September
Washington, D.C. – National data show interest rates on mortgages continued their upward trend. Contract mortgage interest rates increased 0.11 percent from August to September, according to an index of new mortgage contracts. According to the Federal Housing Finance Agency (FHFA), the National...
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FHFA Index Shows Mortgage Interest Rates Continue to Rise in September 2013
PageContent Washington, D.C. – National data show interest rates on mortgages continued their upward trend. Contract mortgage interest rates increased 0.11 percent from August to September, according to an index of new mortgage contracts. According to the Federal Housing Finance Agency (FHFA), the...
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FHFA Announces $5.1 Billion in Settlements with J.P. Morgan Chase & Co.
PageContent 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 J.P. Morgan Chase & Co. and related companies for $4 billion to address claims of alleged violations of federal and state...
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FHFA House Price Index Up 0.3 Percent in August
Washington, D.C. – U.S. house price appreciation continued in August 2013, with prices rising 0.3 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) monthly House Price Index (HPI). The August HPI change marks the nineteenth...
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Fannie Mae and Freddie Mac Foreclosure Prevention Actions Top 2.9 Million
Washington, D.C. – Fannie Mae and Freddie Mac have completed more than 2.9 million foreclosure prevention actions since the start of conservatorship in 2008. These actions have helped approximately 2.4 million borrowers stay in their homes, including more than 1.4 million who received permanent loan...
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FHFA Announces Significant Steps in Organization of Joint Venture to Establish Common Securitization Platform
Washington, D.C. – The Federal Housing Finance Agency (FHFA) announced today that the joint venture between Fannie Mae and Freddie Mac that will build and operate a new common securitization platform has reached some important milestones. A Certificate of Formation has been filed with the Secretary...