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Based on the review it has conducted, the Federal Housing Finance Agency believes it does not currently produce or sponsor the distribution of influential scientific information (including highly influential scientific assessments) within the definitions promulgated by OMB. As a result, at this time, the Federal Housing Finance Agency has no agenda of forthcoming influential scientific disseminations to post on its website in accordance with OMB’s Information Quality Bulletin for Peer Review.
The Federal Housing Finance Agency’s (FHFA) Federal Property Manager’s report is transmitted to Congress in accordance with Section 110 of the Emergency Economic Stabilization Act of 2008 (EESA), titled Assistance to Homeowners. Section 110 of EESA directs Federal Property Managers (FPM) to develop and implement plans to maximize assistance for homeowners and encourage servicers of underlying mortgages to take advantage of programs to minimize foreclosures. FHFA is a designated FPM in its role as conservator for Fannie Mae and Freddie Mac.
Approximately 18,700 foreclosure prevention actions were completed in November, bringing the total to nearly 3.4 million since the start of the conservatorships in September 2008. Half of these actions have been permanent loan modifications.
There were more than 11,900 permanent loan modifications in November, down 19 percent compared with October.
About 21 percent of all permanent loan modifications in November included principal forbearance.
FHFA implemented an Open Government Plan (Plan) in Fiscal Year 2011 to communicate the goals, timelines and objectives in support of the Open Government Directive (OGD). This document reflects FHFA's update to the plan for FY 2014. FHFA's Open Government objective is to ensure that the information and data released to the public increases the regulatory transparency of the Federal Home Loan Banks, Fannie Mae and Freddie Mac, while supporting the stability of the secondary mortgage market.
The Federal Housing Finance Agency’s (FHFA) Federal Property Manager’s report is transmitted to Congress in accordance with Section 110 of the Emergency Economic Stabilization Act of 2008 (EESA), titled Assistance to Homeowners. Section 110 of EESA directs Federal Property Managers (FPM) to develop and implement plans to maximize assistance for homeowners and encourage servicers of underlying mortgages to take advantage of programs to minimize foreclosures. FHFA is a designated FPM in its role as conservator for Fannie Mae and Freddie Mac.
The FY 2015 Annual Performance Plan describes what FHFA will do during the year to achieve the goals and objectives described in the Strategic Plan. FHFA’s Annual Performance Plan has four major components: (1) strategic goals, (2) performance goals, (3) performance measures, and (4) means and strategies to accomplish the goals.
The FHFA House Price Index (HPI) reported no change in U.S. house prices in April from the previous month. The previously reported 0.7 percent increase in March was unchanged. From April 2013 to April 2014, house prices were up 5.9 percent. For the nine census divisions, seasonally adjusted monthly price changes from March 2014 to April 2014 ranged from -1.3 percent in the New England division to +0.6 percent in the East South Central division. The 12-month changes were all positive ranging from +1.7 percent in the Middle Atlantic division to +10.7 percent in the Pacific division.
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.
