On June 28, the Federal Housing Finance Agency (FHFA) hosted more than 60 housing industry professionals – ranging from advocacy groups and investors, lenders and non-profits, to service providers and researchers – for a day-long discussion to better understand the single-family rental market and gather feedback as part of our ongoing stakeholder outreach.  Industry experts provided background and discussed where the single-family rental market is today.  FHFA staff facilitated small-group, roundtable discussions on several topics, including the broader implications of Fannie Mae

On October 11, the Federal Housing Finance Agency (FHFA) hosted more than 40 appraisal and mortgage industry professionals – ranging from housing industry trade groups, appraiser associations, lenders, data vendors, and government agencies – for a day-long discussion about important appraisal-related topics.  In convening this workshop, FHFA's goal was to identify and define the issues and challenges facing the appraisal industry and to explore potential solutions. 

On May 16, the Federal Housing Finance Agency (FHFA) hosted a workshop as a way to further engage the HFA lending community.  More than 50 attendees were present at the event held at Fannie Mae headquarters, including lenders, state and local Housing Finance Agency (HFA) representatives, trade associations, and Fannie Mae and Freddie Mac (collectively “the Enterprises”).  Speakers included representatives from the National Council of State Housing Agencies and the Mortgage Bankers Association, followed by FHFA and Enterprise presentations.  

June is National Homeownership Month.  The Federal Housing Finance Agency (FHFA) joins the housing community in supporting opportunities for individuals and families to become homeowners.  So how is FHFA involved in the homeownership process?

​​​​FHFA recently published its Uniform Appraisal Data (UAD) Ag​gregate Statistics Data File and Dashboards.

On November 10, FHFA announced that it was expanding the Neighborhood Stabilization Initiative (NSI) to 18 additional metropolitan areas around the country.  This NSI expansion is effective today, December 1.  In these 18 new NSI areas, which are listed below, nonprofits and other community organizations now have the exclusive opportunity to buy foreclosed properties owned by Fannie Mae or Freddie Mac before those properties are listed for sale to the general public:

Implementation of the Uniform Mortgage-Backed Security (UMBS) is on track as Fannie Mae and Freddie Mac (the Enterprises) finish preparations for the June 3 launch.  This has been a multiyear strategic process, and FHFA, the Enterprises, and the broader industry continue to hit key milestones toward this launch date.  Here are some key updates about our progress. 

​Check your mail because Fannie Mae and Freddie Mac are offering a one-time Principal Reduction

​​​​May is Asian American, Native Hawaiian, and Pacific Islander (AANHPI) Heritage Month – chosen to commemorate the immigration of the first Japanese to the United States in May 1843 and the anniversary of the completion of the transcontinental railroad in May 1869.i​

The use and oversight of artificial intelligence (AI) and machine learning (ML) among financial institutions continues to be of great interest across the government as the development and adoption of AI/ML grows at a rapid pace. AI/ML tools and systems can support a range of functions such as customer engagement, risk analysis, credit decision-making, fraud detection, and information security. However, the use of AI/ML can also expose institutions to heightened risks, including compliance, financial, operational, and model risks.