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FHFA House Price Index Rises 0.8 Percent in April
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 0.3 percent decrease in March was revised to a 0.4 percent decrease. For the 12 months ending...
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FHFA’s Report to Congress Details Annual Examinations of Fannie Mae, Freddie Mac, and the FHLBanks (2010)
PageContent Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its third Report to Congress, detailing the findings of the agency’s 2010 annual examinations of Fannie Mae, Freddie Mac, the 12 Federal Home Loan Banks (FHLBanks), and the FHLBanks’ Office of Finance. "Since...
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Agencies Extend Comment Period on Risk Retention Proposed Rulemaking
Joint Release Board of Governors of the Federal Reserve System Department of Housing and Urban Development Federal Deposit Insurance Corporation Federal Housing Finance Agency Office of the Comptroller of the Currency Securities and Exchange Commission Six federal agencies have approved and...
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Fannie Mae and Freddie Mac Foreclosure Prevention Actions Dip in First Quarter
Washington, D.C. – Fannie Mae and Freddie Mac have completed more than 1.6 million foreclosure prevention actions since the beginning of conservatorship in the fourth quarter of 2008, with more than half of these actions resulting in loan modifications. According to the FHFA’s First Quarter 2011...
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FHFA Reports Mortgage Interest Rates, April 2011
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 4.80 percent based on loans closed in April. This is a decrease of 0.04...
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House Price Index Falls 2.5 Percent in First Quarter 2011
Updated June 13, 2011 Washington, D.C. – U.S. house prices fell in the first 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...
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Fannie Mae and Freddie Mac to Align Guidelines for Servicing Delinquent Mortgages
Washington, D.C. – Federal Housing Finance Agency Acting Director Edward J. DeMarco has directed Fannie Mae and Freddie Mac (the Enterprises) to align their guidelines for servicing delinquent mortgages they own or guarantee. The updated framework will establish uniform servicing requirements as...
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FHFA Reports Mortgage Interest Rates, March 2011
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 4.84 percent based on loans closed in March. This is an increase of 0...
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U.S. Monthly House Price Index Declined 1.6 Percent from January to February
Washington, D.C. – U.S. house prices declined 1.6 percent on a seasonally adjusted basis from January to February, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.3 percent decrease in January was revised to a 1.0 percent decrease. For the 12...
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Agencies Seek Comment on Swap Margin and Capital Requirements
Joint Release Board of Governors of the Federal Reserve System Farm Credit Administration Federal Deposit Insurance Corporation Federal Housing Finance Agency Office of the Comptroller of the Currency Five federal agencies are seeking comment on a proposed rule to establish margin and...