Search & Filter
-
FHFA Seeks Public Input on Reducing Fannie Mae and Freddie Mac Multifamily Businesses
Washington, D.C. – The Federal Housing Finance Agency (FHFA) is seeking public input on strategies for reducing Fannie Mae and Freddie Mac’s presence in the multifamily housing finance market in 2014. In keeping with the goal of contracting the market presence of Fannie Mae and Freddie Mac while...
-
FHFA Index Shows Mortgage Interest Rates Climbing in June 2013
Washington, D.C. – National data show interest rates on mortgages continued their upward trend. Contract mortgage interest rates increased from May to June—up 0.15 percent from May, according to an index of new mortgage contracts. According to the Federal Housing Finance Agency (FHFA), the National...
-
Refinance Volume Down Slightly in May but Remains Strong
Washington, D.C. – Refinance volume dipped slightly in May from the prior month but remained strong as mortgage rates stayed just above record low levels, according to the Federal Housing Finance Agency’s May 2013 Refinance Report. More than 418,000 refinances took place in May, with nearly 85,000...
-
FHFA Announces Settlement with UBS
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 UBS Americas, Inc. for $885 million. The settlement covers claims of alleged violations of federal and state securities laws in connection with...
-
FHFA House Price Index Up 0.7 Percent in May
Washington, D.C. – U.S. house price appreciation continued in May 2013, rising 0.7 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) monthly House Price Index (HPI). The May HPI change marks the sixteenth consecutive monthly price...
-
Agencies Issue Proposed Rule to Exempt Subset of Higher-Priced Mortgage Loans from Appraisal Requirements
Joint Release Board of Governors of the Federal Reserve System Consumer Financial Protection Bureau Federal Deposit Insurance Corporation Federal Housing Finance Agency National Credit Union Administration Office of the Comptroller of the Currency Washington, D.C. – Six federal financial...
-
Refinance Volume Remains High In April Due to Low Interest Rates 2013
Washington, D.C. – Refinance volumes remained high in April as mortgage rates dipped slightly from March, according to the Federal Housing Finance Agency’s April 2013 Refinance Report. More than 463,000 refinances took place in April. Of these, nearly 107,000 loans have been completed through the...
-
Fannie Mae and Freddie Mac Help More than 2.3 Million Homeowners Keep their Homes
Washington, D.C. – Fannie Mae and Freddie Mac completed more than 130,000 foreclosure prevention actions during the first quarter of 2013, bringing the total foreclosure prevention actions to nearly 2.8 million since the start of conservatorship in 2008. These actions have helped more than 2.3...
-
FHFA Index Shows Mortgage Interest Rates Dipped in May 2013
Washington, D.C. – National data show interest rates on mortgages decreased from April to May. Contract mortgage interest rates decreased slightly from April to May—down 0.15 percent from April, according to an index of new mortgage contracts. According to the Federal Housing Finance Agency (FHFA)...
-
FHFA House Price Index Up 0.7 Percent in April
Washington, D.C. – U.S. house price appreciation continued in April 2013, rising 0.7 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). The previously reported 1.3 percent increase in March was revised...