Notice of Establishment of Housing Price Index; Notice and Request for Input

FOR FURTHER INFORMATION CONTACT: Andrew Leventis, Principal Economist, 202-649-3199, Andrew.Leventis@fhfa.gov, or Jamie Schwing, Associate General Counsel, 202-649-3085, Jamie.Schwing@fhfa.gov, (not toll-free numbers), Federal Housing Finance Agency, 400 Seventh Street, SW., Washington, DC 20024.

SUMMARY: The Federal Housing Finance Agency (FHFA) is establishing and shall maintain a method for assessing the national average single-family house price for use in adjusting the conforming loan limits of Fannie Mae and Freddie Mac (the “Enterprises”). For these purposes, FHFA has considered a number of different measures, including the House Price Index maintained by the Office of Federal Housing Enterprise Oversight (OFHEO) of the Department of Housing and Urban Development before the effective date of the Federal Housing Finance Regulatory Reform Act of 2008. FHFA also considered house price indexes of the Bureau of the Census of the Department of Commerce as well as other privately-produced indexes.

FHFA intends to use the FHFA “expanded-data” house price index (HPI)—an index it publishes on a quarterly basis—to adjust the conforming loan limit. This Notice solicits public input. Once public input is reviewed, another Notice will be published describing FHFA’s final determination.

Public Comments

Below are a compilation of public comments made on this notice.

20 items

CSV

Date Sort ascending	First Name	Last Name	Organization	Comment
07/27/15	David	Ledford	N/A	Please find attached NAHB's response to Notice and Request for Input o…View Comment Email: N/A Attachment: View Attachment
07/27/15	Faith	Schwartz	CoreLogic	Please find attached CoreLogic input on Notice of Establishment of Hou…View Comment Email: fschwartz@corelogic.com Attachment: View Attachment
07/27/15	Ken	Fears	National Association of Realtors	Thank youView Comment Email: kfears@realtors.org Attachment: View Attachment
07/27/15	Joseph	Pigg	American Bankers Association	The American Bankers Association appreciates this opportunity to provi…View Comment Email: jpigg@aba.com Attachment: View Attachment
07/27/15	Matthew	Roberts	California Association of REALTORS	Please see attached comment letter from the California Association of…View Comment Email: matthewr@car.org Attachment: View Attachment
07/27/15	Kavitha	Subramanian	NAFCU	Dear Mr. Pollard: On behalf of the National Association of Federal Cre…View Comment Email: ksubramanian@nafcu.org Attachment: N/A
07/23/15	Cara	Harrison	N/A	Raise loan limits for Washington county and Garrett County, MD.View Comment Email: Charrison@corridormtg.com Attachment: N/A
07/21/15	Tammie	Moore	Realtor/Attorney with Remax Top Realty	Please increase the conforming loan limit in Texas.View Comment Email: tymoore40@gmail.com Attachment: N/A
07/21/15	Steve	Moore	Evolve Bank & Trust	Many areas of town are excluded from conventional financing because of…View Comment Email: mooresdm@gmail.com Attachment: N/A
07/20/15	D	Swanson	N/A	Under no circumstances should the conforming loan limits be raised.…View Comment Email: N/A Attachment: N/A
07/17/15	Alex	Durham	N/A	The FHFA should definitely do something about the conforming limits an…View Comment Email: N/A Attachment: N/A
07/17/15	Laurie	Goodman	Urban Institute	Please see attached Comment Letter.View Comment Email: lgoodman@urban.org Attachment: View Attachment
07/16/15	Irene	Moustakas	N/A	Please increase! I am in the Silicon Valley and the majority of my cli…View Comment Email: N/A Attachment: N/A
07/16/15	Richard	Sobocinski	Bethpage Federal Credit Union	As a New York area lender we cannot meet the demand for higher balance…View Comment Email: rsobocinski@bethpagefcu.com Attachment: N/A
07/15/15	Mike	Fratantoni	Mortgage Bankers Association	Please find attached MBA's comments in response to this request for in…View Comment Email: mfratantoni@mba.org Attachment: View Attachment
07/06/15	Jessica	Garner	N/A	Please increase the conforming loan limit in TexasView Comment Email: N/A Attachment: N/A
06/30/15	PATRICK	IGLINSKY	Supreme Lending	Conforming limits should be increased. Housing prices in Dallas/Fort…View Comment Email: patrick.iglinsky@supremelending.com Attachment: N/A
06/30/15	Adam	Glovitz	N/A	I believe it would be beneficial to increase the conforming limit, it…View Comment Email: N/A Attachment: N/A
06/30/15	Christopher	Beiriger	N/A	Please increase the conforming loan limit in Texas.View Comment Email: N/A Attachment: N/A
05/29/15	Adam	Reilly	Centek Capital	I didn't see another place to comment on the FHFA fee changes coming d…View Comment Email: ar.centek@gmail.com Attachment: N/A