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FHFA Outlines 2013 Goals for Fannie Mae and Freddie Mac
Washington, D.C. – Federal Housing Finance Agency (FHFA) Acting Director Edward J. DeMarco today released the 2013 Conservatorship Scorecard for Fannie Mae and Freddie Mac. The Scorecard details specific priorities for Fannie Mae and Freddie Mac in 2013 that builds upon the three strategic goals...
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U.S. House Prices Rose 1.4 Percent in Fourth Quarter 2012
Washington, D.C. – U.S. house prices rose 1.4 percent from the third quarter to the fourth quarter of 2012 according to the Federal Housing Finance Agency’s (FHFA) seasonally adjusted purchase-only House Price Index (HPI). The HPI is calculated using home sales price information from Fannie Mae and...
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FHFA Reports Mortgage Interest Rates, January 2013
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some adjustable-rate mortgage (ARM) contracts, was 3.35 percent based on loans closed in...
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HARP Refinances Reach 2 Million
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its November 2012 Refinance Report, which shows that Fannie Mae and Freddie Mac have reached a new milestone and refinanced more than 2 million loans through the Home Affordable Refinance Program (HARP). In November alone...
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Donovan and DeMarco Announce Extended Foreclosure Relief for Hurricane Sandy Storm Victims
Joint Release Department of Housing and Urban Development Federal Housing Finance Agency Washington, D.C. – U.S. Housing and Urban Development Secretary Shaun Donovan, who serves as President Obama’s Chairman of the Hurricane Sandy Rebuilding Task Force, and Federal Housing Finance Agency...
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FHFA Reports Mortgage Interest Rates, December 2012
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some adjustable-rate mortgage (ARM) contracts, was 3.29 percent based on loans closed in...
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FHFA House Price Index Up 0.6 Percent in November
Washington, D.C. – U.S. house prices rose 0.6 percent on a seasonally adjusted basis from October to November, according to the Federal Housing Finance Agency’s monthly House Price Index (HPI). The previously reported 0.5 percent increase in October was revised upward to a 0.6 percent increase. For...
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FHFA Announces New Release Time for House Price Index in 2013
Washington, D.C. – Beginning Wednesday, Jan. 23, 2013, the Federal Housing Finance Agency will release its monthly and quarterly House Price Index (HPI) at 9 a.m. EST. Release dates for the 2013 quarterly and monthly HPI are: Date Release Type Latest Included Data January 23, 2013 Monthly...
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Agencies Issue Final Rule on Appraisals for Higher-Priced Mortgage Loans
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...
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FHFA Announces Deputy Directors of Housing Mission and Goals and Division of Supervision Policy and Support
Washington, D.C. – Federal Housing Finance Agency Acting Director Edward J. DeMarco today announced the appointment of Sandra Thompson as Deputy Director of the Division of Housing Mission and Goals. Thompson will oversee FHFA’s housing and regulatory policy, financial analysis, and policy research...