News Releases

Washington, D.C. – U.S. house prices rose 0.8 percent on a seasonally adjusted basis from April to May, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.8 percent increase in April was revised downward to a 0.7 percent increase. For the 12 months...

Washington, D.C. – Refinance volume is continuing to rise with more underwater borrowers refinancing through the Home Affordable Refinance Program (HARP) than ever before. According to the Federal Housing Finance Agency’s (FHFA) latest Refinance Report, HARP loans represented 20 percent of total...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that the winning bidders in a real estate owned (REO) pilot initiative have been chosen and transactions are expected to close early in the third quarter. Market response has been robust with strong qualified bidder...

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 3.78 percent based on loans closed in...

Washington, D.C. – Federal Housing Finance Agency (FHFA) Acting Director Edward J. DeMarco today announced changes to short sale policies that will make it easier for military homeowners with Fannie Mae and Freddie Mac loans to honor their financial commitments when they are required to move as part...

Washington, D.C. – U.S. house prices rose 0.8 percent on a seasonally adjusted basis from March to April, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 1.8 percent increase in March was revised downward to reflect a 1.6 percent increase. For the...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) has announced an initiative to complement current fraud reporting by Fannie Mae, Freddie Mac, and the Federal Home Loan Banks. FHFA is taking this additional step to ensure the regulated entities are not exposed to unnecessary risk from...

Washington, D.C. – Fannie Mae and Freddie Mac have completed more than 2.3 million foreclosure prevention actions since the start of conservatorship in 2008, including 1.1 million permanent loan modifications. These actions, designed to help borrowers stay in their homes, are detailed in the Federal...

Washington, D.C. – As required by a preliminary injunction issued by the Northern District Court of California, the Federal Housing Finance Agency (FHFA) has sent to the Federal Register for publication and public comment a Notice of Proposed Rulemaking (NPR) concerning certain state and local...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its fourth annual Report to Congress, detailing the agency’s examinations of Fannie Mae and Freddie Mac, the 12 Federal Home Loan Banks (FHLBanks), and the FHLBanks’ joint Office of Finance. FHFA has deemed that Fannie Mae...