News Releases

Washington, D.C. – U.S. house prices rose in the third quarter of 2011 according to the Federal Housing Finance Agency’s (FHFA) seasonally adjusted purchase-only House Price Index (HPI). The HPI, calculated using home sales price information from Fannie Mae- and Freddie Mac-acquired mortgages, was 0...

Washington, D.C. – Federal Housing Finance Agency Acting Director Edward J. DeMarco has announced the appointments of Richard B. Hornsby, as FHFA’s Chief Operating Officer (COO), and Jon Greenlee, as the agency’s Deputy Director of the Division of Enterprise Regulation. Mr. Hornsby served at the...

Washington, D.C. – The Federal Housing Finance Agency 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 ARM contracts, was 4.19 percent based on loans closed in October. This is a decrease of 0...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that under terms set forth in the Housing and Economic Recovery Act of 2008 (HERA), the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2012 will remain at existing levels except in...

Washington, D.C. – Federal Housing Finance Agency Acting Director Edward J. DeMarco today released FHFA’s 2011 Performance and Accountability Report (PAR) detailing the agency’s performance and achievements for fiscal year 2011. For the third consecutive year, FHFA received a clean audit opinion...

Today FHFA Acting Director Edward J. DeMarco responded to a letter from numerous U.S. Senators regarding executive compensation at Fannie Mae and Freddie Mac. Attached is the text of the letter. Executive Compensation Letter to U.S. Senators Corinne Russell (202) 649-3032 / Stefanie Johnson (202)...

Washington, D.C. – The Federal Housing Finance Agency 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 ARM contracts, was 4.38 percent based on loans closed in September. This is a decrease of...

PageContent Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released updated projections of the financial performance of Fannie Mae and Freddie Mac, including potential draws under the Senior Preferred Stock Purchase Agreements with the U.S. Department of the Treasury. FHFA first...

Washington, D.C. – The Federal Housing Finance Agency today announced, in accordance with FHFA’s corporate governance regulation and Freddie Mac’s Corporate Governance Guidelines, two Freddie Mac board members, John Koskinen (Chairman) and Robert Glauber (Chairman, Governance and Nominating...

Washington, D.C. – U.S. house prices fell 0.1 percent on a seasonally adjusted basis from July to August, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.8 percent increase in July was revised to reflect no change. For the 12 months ending in...