News Releases

Washington, D.C. – Edward J. DeMarco, Acting Director of the Federal Housing Finance Agency (FHFA) today released FHFA’s 2010 Performance and Accountability Report (PAR) detailing the agency’s performance and achievements for fiscal year 2010. For the second consecutive year, FHFA received a clean...

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 4.55 percent based on loans closed in September. This is a decrease of...

Washington, D.C. – U.S. house prices rose 0.4 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 0.5 percent decline in July was revised to a 0.7 percent decline. For the 12 months ending in...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) and the Board of Directors of the Federal Home Loan Bank of Seattle (Board) have agreed to the stipulation and issuance of a Consent Order by FHFA that resolves certain outstanding capital and supervisory matters. The Consent Order sets...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released projections of the financial performance of Fannie Mae and Freddie Mac (the Enterprises) including potential draws under the Preferred Stock Purchase Agreements (PSPAs) with the U.S. Department of the Treasury. To date, 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 4.65 percent based on loans closed in August. This is a decrease of 0...

Washington, D.C. – U.S. house prices fell 0.5 percent on a seasonally adjusted basis from June to July, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.3 percent decline in June was revised to a 1.2 percent decline. The unusually large revision...

PageContent Washington, D.C. – In an effort to inform the current discussion on the future of the housing finance system, the Federal Housing Finance Agency (FHFA) today released data on Fannie Mae and Freddie Mac (the Enterprises) that compare the credit quality and performance of the loans they...

Washington, D.C. – Loan modifications and refinancings by Fannie Mae and Freddie Mac were up in the second quarter as the volume of permanent modifications under the Administration’s Home Affordable Modification Program (HAMP) increased 65 percent while refinancings under the Home Affordable...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) has sent a final rule to the Federal Register establishing new housing goals for Fannie Mae and Freddie Mac (the Enterprises) for 2010–2011. The Housing and Economic Recovery Act of 2008 (HERA) required FHFA to establish housing goals for...