In January 2012, FHFA released the analyses the agency had conducted since December 2010 on the feasibility and benefit of principal forgiveness as a loan modification tool.[1] This paper presents the agency’s most recent work, which considers subsidy payments[2] the Department of the Treasury would provide to Fannie Mae and Freddie Mac (the Enterprises) for reducing principal under the Home Affordable Modification Program (HAMP).
Author:
Robin Seiler, Manager of Policy Research
The paper was prepared by Andrew Leventis, Valerie Smith, Jesse Weiher, and Ken Lam of the Office of Policy Development and Research under the supervision of Robert S. Seiler, Jr. Peter Alex, Hanna Nguyen, Colleen Yeskovich, and Alison Wardle provided research assistance.
This Federal Housing Finance Agency (FHFA) research paper reviews developments in the housing sector and mortgage markets in the United States in 2011. The paper is part of FHFA’s ongoing effort to enhance public understanding of the nation’s housing finance system.
The paper was prepared by staff of the Office of Policy Analysis and Research—William Doerner, Ken Lam, Andrew Leventis, Saty Patrabansh, Valerie Smith, and Jesse Weiher—under the supervision of Robert S. Seiler, Jr. Peter Alex, Colin Shelby, and Colleen Yeskovich provided research assistance.
This Federal Housing Finance Agency (FHFA) research paper reviews developments in the housing sector and mortgage markets in the United States in 2012. The paper is part of FHFA’s ongoing effort to enhance public understanding of the nation’s housing finance system.
House prices fell 0.1 percent nationwide in November compared to October, according to the latest Federal Housing Finance Agency (FHFA) House Price Index (HPI®). House prices rose 8.2 percent from November 2021 to November 2022. The previously reported 0.0 percent price decline in October 2022 remained unchanged.
October 2022 Highlights - Foreclosure Prevention
The Enterprises' Foreclosure Prevention Actions:
Today, the Federal Housing Finance Agency (FHFA) released the 2023 Scorecard for Fannie Mae and Freddie Mac (together, the Enterprises) and their joint venture, Common Securitization Solutions, LLC (CSS). Each year, FHFA releases an annual Scorecard to communicate and provide public awareness of its priorities and expectations for the Enterprises and CSS.