February 2016 Highlights

The Enterprises' Foreclosure Prevention Actions:

• The Enterprises completed 16,208 foreclosure prevention actions in February 2016, bringing the total to 3,674,849 since the start of the conservatorships in September 2008. Over half of these actions have been permanent loan modifications.
• There were 10,095 permanent loan modifications in February, bringing the total to 1,918,846 since the conservatorships began in September 2008.
• The share of modifications with principal forbearance decreased to 18 percent.

​The Office of Information Policy requires all agencies to provide quarterly reporting for four key FOIA statistics to the Department of Justice. This report is attended to identify trends and assess agencies' progress throughout the course of the fiscal year.​

U.S. house prices rose in February, up 0.4 percent on a seasonally adjusted basis from the previous month.  From February 2015 to February 2016, house prices were up 5.6 percent.  For the nine census divisions, seasonally adjusted monthly price changes from January 2016 to February 2016 ranged from -0.7 percent in the South Atlantic division to +1.7 percent in the Middle Atlantic division. The 12-month changes were all positive, ranging from +2.5 percent in the New England division to +8.4 percent in the Pacific division.

Total refinance volume continued to decrease in February 2016 as mortgage rates remained just under 4 percent over the previous three months. Mortgage rates decreased in February: the average interest rate on a 30‐year fixed rate mortgage fell to 3.66 percent from 3.87 percent in January.​

​​In February 2016:

January 2016 Highlights

​The Enterprises' Foreclosure Prevention Actions:

• The Enterprises completed 15,192 foreclosure prevention actions in January 2016, bringing the total to 3,658,641 since the start of the conservatorships in September 2008. Over half of these actions have been permanent loan modifications.
• There were 9,925 permanent loan modifications in January, bringing the total to 1,908,751 since the conservatorships began in September 2008.
• The share of modifications with principal forbearance remained at 19 percent.

FHFA established an Office of Minority and Women Inclusion (OMWI) in accordance with Section 342 of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act). FHFA’s OMWI is responsible for leading the Agency’s efforts to advance diversity and inclusion and developing standards for:

​This report focuses on Fiscal Year (FY) 2015 and also covers the period FY 2011 through FY 2015. It was prepared in accordance with the requirements of Title II, Section 203 of the Notification and Federal Employee Antidiscrimination and Retaliation Act of 2002 (No FEAR Act). The No FEAR Act and regulations at 5 C.F.R.

​The Office of Management and Budget (OMB) issued government-wide information quality guidelines under section 515 of the Treasury and General Government Appropriations Act for Fiscal Year 2001. The OMB Section 515 Information Quality Guidelines have been prepared to ensure and maximize the quality, objectivity, utility and integrity of information disseminated by Federal agencies.  This report is FHFA's response to OMB's annual Information Quality request.

​Fourth Quarter 2015 Highlights

The Enterprises' Foreclosure Prevention Actions:

• The Enterprises completed 47,769 foreclosure prevention actions in the fourth quarter of 2015, bringing the total to 3,643,449 since the start of conservatorships in September 2008.

U.S. house prices rose in January, up 0.5 percent on a seasonally adjusted basis from the previous month. From January 2015 to January 2016, house prices were up 6.0 percent. For the nine census divisions, seasonally adjusted monthly price changes from December 2015 to January 2016 ranged from -1.0 percent in the Middle Atlantic division to +1.7 percent in the South Atlantic division. The 12-month changes were all positive, ranging from + 1.7 percent in the Middle Atlantic division to +8.9 percent in the South Atlantic division.