Federal Housing Finance Agency Print

Reports

Home / Data & Tools / Reports

 Data Reports

 

 

U.S. House Price Index Report - May 2014996<table width="100%" class="ms-rteTable-0" cellspacing="0"><tbody><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0" style="width&#58;10%;">​​​​<a href="/AboutUs/Reports/ReportDocuments/MonthlyHPIMay07222014.pdf"><img src="/AboutUs/Reports/PublishingImages/Report_Gen_Thumbs/US-HPI-Report-Thumb.png" alt="" style="margin&#58;5px;width&#58;100px;height&#58;132px;" /></a></td><td class="ms-rteTableOddCol-0" style="width&#58;50%;"><p>The FHFA House Price Index (HPI) reported a 0.4 percent&#160;increase in U.S. house prices in&#160;May from the previous month.&#160;&#160;From&#160;May 2013 to May 2014, house prices were up 5.5 percent.&#160; For the nine census divisions, seasonally adjusted monthly price changes from&#160;April 2014 to&#160;May 2014 ranged from -0.7 percent in the&#160;East South Central&#160;division to +1.1 percent in the&#160;West South Central division.&#160; The 12-month changes were all positive ranging from +2.5 percent in the Middle Atlantic division to +9.6 percent in the Pacific division.​</p><p>Monthly index values and appreciation rate estimates for recent periods are provided in the table and graphs in the attachment.&#160;&#160;<br></p><p> <span style="color&#58;#444444;font-family&#58;inherit;font-size&#58;inherit;font-weight&#58;inherit;"> <a href="/Media/PublicAffairs/Pages/US-House-Prices-Up-0.4-Percent-in-May-2014.aspx">Related News Release</a></span></p></td></tr></tbody></table>7/22/2014 2:18:50 PM1375http://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
Refinance Report - May 20141271<table cellspacing="0" width="100%" class="ms-rteTable-0" style="height&#58;310px;"><tbody><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0" style="width&#58;10%;">​​<a href="/AboutUs/Reports/ReportDocuments/May-14-Refi_Report.pdf"><img src="/AboutUs/Reports/PublishingImages/Refinance-May-2014-Thumb.png" alt="" style="margin&#58;5px;width&#58;100px;height&#58;132px;" /></a>​​</td><td class="ms-rteTableOddCol-0" style="width&#58;50%;"><h2>​May 2014 Highlights</h2><p>​<br></p><ul><li> <span style="line-height&#58;22px;">​Refinance volume fell slightly in May, and remained at levels&#160;more comparable to those observed in 2008 than in subsequent&#160;years. Mortgage rates have ranged between four to four and a half&#160;percent since June 2013. In May, the average interest rate on a 30&#160;year fixed rate mortgage decreased from April to 4.19&#160;percent.</span><br></li><li> <span style="line-height&#58;22px;">In May 2014, 16,565 refinances were completed through HARP,&#160;bringing the total refinances through HARP from the inception of&#160;the program to 3,171,138.</span><br></li><li> <span style="line-height&#58;22px;">HARP volume represented 15 percent of total refinance volume&#160;in May 2014.</span><br></li><li> <span style="line-height&#58;22px;">In May 2014, 10 percent of the loans refinanced through HARP&#160;had a loan-to-value ratio greater than 125 percent.​</span><br>​</li></ul></td></tr></tbody></table>7/17/2014 2:30:31 PM398http://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
Federal Property Manager's Report - April 20141266​ <table cellspacing="0" width="100%" class="ms-rteTable-1"><tbody><tr class="ms-rteTableEvenRow-1"><td class="ms-rteTableEvenCol-1" style="width&#58;10%;">​<a href="/AboutUs/Reports/ReportDocuments/071514FPMReporttoCongress.pdf"><img src="/AboutUs/Reports/PublishingImages/FPM-April2014-Thumb.png" alt="" style="margin&#58;5px;width&#58;100px;height&#58;132px;" /></a></td><td class="ms-rteTableOddCol-1" style="width&#58;50%;">​<span style="font-style&#58;normal;font-variant&#58;normal;line-height&#58;22px;color&#58;#444444;">The Federal Housing Finance Agency’s (FHFA) Federal Property Manager’s report is transmitted to Congress&#160;in accordance with Section 110 of the Emergency Economic Stabilization Act of 2008 (EESA), titled Assistance to Homeowners. Section 110 of EESA directs Federal Propert</span><span style="font-style&#58;normal;font-variant&#58;normal;line-height&#58;22px;color&#58;#444444;">y Managers (FPM) to develop and implement plans to maxim​​ize assistan​ce 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. Each FPM is also required to report to Congress the number and types of loan modifications and the number of foreclosures during the reporting period.​​</span>​</td></tr></tbody></table>7/17/2014 12:28:14 PM234http://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
Foreclosure Prevention Report - April 20141267<table cellspacing="0" width="100%" class="ms-rteTable-0"><tbody><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0" style="width&#58;10%;">​<a href="/AboutUs/Reports/ReportDocuments/ForeclosurePreventionReportApr2014FINAL.pdf"><img src="/AboutUs/Reports/PublishingImages/FPM-April2014-Thumb.png" alt="" style="margin&#58;5px;width&#58;100px;height&#58;132px;" /></a>​</td><td class="ms-rteTableOddCol-0" style="width&#58;50%;">​ <h2 style="font-style&#58;normal;font-variant&#58;normal;">​​April 2014 Highlights<br><br></h2><h4>​​The Enterprises' Foreclosure Prevention Actions&#58;<br></h4> <span style="font-style&#58;normal;font-variant&#58;normal;line-height&#58;14px;color&#58;#444444;font-weight&#58;700 !important;"></span> <ul style="font-family&#58;'source sans pro', sans-serif;font-size&#58;14px;font-style&#58;normal;font-variant&#58;normal;line-height&#58;14px;"><li> <span style="line-height&#58;22px;">Approximately 28,300 foreclosure prevention actions were completed in April, bringing the total to more than 3.2 million since the start of the&#160;</span>conservatorships in September 2008. Half of these actions have been permanent loan modifications.</li><li> <span style="line-height&#58;22px;">There were nearly 17,800 permanent loan modifications in April, down 5 percent compared with March.</span><br></li><li> <span style="line-height&#58;22px;">Approximately 26 percent of all permanent loan modifications in April included principal forbearance.</span><br></li><li> <span style="line-height&#58;22px;">Nearly 5,000 short sales and deeds-in-lieu were completed in April, up 3 percent compared with March.</span><br></li></ul><h4> The Enterprises' Mortgag​e Performance&#58;</h4> <span style="font-style&#58;normal;font-variant&#58;normal;line-height&#58;14px;color&#58;#444444;font-weight&#58;700 !important;"></span> <ul style="font-family&#58;'source sans pro', sans-serif;font-size&#58;14px;font-style&#58;normal;font-variant&#58;normal;line-height&#58;14px;"><li> <span style="line-height&#58;22px;">T</span><span style="line-height&#58;22px;">he serious delinquency rate dropped to 2.14 percent at the end of April, from 2.19 percent in March.</span><br></li></ul><h4> The Enterprises' Foreclosure​​s&#58;</h4><ul style="font-family&#58;'source sans pro', sans-serif;font-size&#58;14px;font-style&#58;normal;font-variant&#58;normal;line-height&#58;14px;"><li> <span style="line-height&#58;22px;">T</span><span style="line-height&#58;22px;">hird-party and foreclosure sales declined 3 percent to approximately 14,800, while foreclosure starts dropped 13 percent to 26,000 in April.</span></li></ul></td></tr></tbody></table>7/17/2014 12:31:29 PM284http://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
Federal Property Manager's Report - March 20141207<table width="100%" class="ms-rteTable-0" cellspacing="0"><tbody><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0" style="width&#58;10%;">​​<a href="/AboutUs/Reports/ReportDocuments/6262014FPMReporttoCongressMarch.pdf"><img src="/AboutUs/Reports/PublishingImages/Q1-2014_Foreclosure-Prevention-Thumb.png" alt="" style="margin&#58;5px;width&#58;100px;height&#58;132px;" /></a></td><td class="ms-rteTableOddCol-0" style="width&#58;50%;">​<span style="line-height&#58;22px;font-variant&#58;normal;font-style&#58;normal;">​</span><span style="line-height&#58;22px;font-variant&#58;normal;font-style&#58;normal;"></span><span style="line-height&#58;22px;font-variant&#58;normal;font-style&#58;normal;color&#58;#444444;">The Federal Housing Finance Agency’s (FHFA) Federal Property Manager’s report is transmitted to Congress&#160;in accordance with Section 110 of the Emergency Economic Stabilization Act of 2008 (EESA), titled Assistance to Homeowners. Section 110 of EESA directs Federal Propert</span><span style="line-height&#58;22px;font-variant&#58;normal;font-style&#58;normal;color&#58;#444444;">y Managers (FPM) to develop and implement plans to maxim​​ize 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. Each FPM is also required to report to Congress the number and types of loan modifications and the number of foreclosures during the reporting period.​​</span></td></tr></tbody></table>6/27/2014 2:10:56 PM263http://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
Foreclosure Prevention Report - First Quarter 20141209<table width="100%" class="ms-rteTable-0" cellspacing="0"><tbody><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0" style="width&#58;10%;">​​<a href="/AboutUs/Reports/ReportDocuments/Foreclosure%20Prevention%20Report_1Q14_FINAL.pdf"><img src="/AboutUs/Reports/PublishingImages/Q1-2014_Foreclosure-Prevention-Thumb.png" alt="" style="margin&#58;5px;width&#58;100px;height&#58;132px;" /></a></td><td class="ms-rteTableOddCol-0" style="width&#58;50%;"><h1>First Quarter 2014 Highlights</h1><h2><br>The Enterprises' Foreclosure Prevention Actions&#58;</h2><ul><li style="padding&#58;0px;margin&#58;0px;"><p>Approximately 88,800 foreclosure prevention actions were completed during the first quarter, bringing the total to nearly 3.2 million since the start of conservatorships in September 2008. More than 2.6 million of these actions have helped troubled homeowners stay in their homes including 1.6 million permanent loan modifications.</p></li><li style="padding&#58;0px;margin&#58;0px;"><p>Forty-two percent of all permanent loan modifications in the first quarter helped to reduce homeowners' monthly payments by over 30 percent.</p></li></ul><h2>The Enterprises' Mortgage Performance&#58;</h2><ul><li style="padding&#58;0px;margin&#58;0px;"><p>The number of the Enterprises' serious delinquent borrowers decreased 8 percent during the first quarter.</p></li><li style="padding&#58;0px;margin&#58;0px;"><p>The Enterprises' serious delinquency rate fell to 2.2 percent at the end of the quarter compared with 6.7 percent for Federal Housing Administration (FHA) loans, 3.6 percent for Veterans Affairs (VA) loans and 5.0 percent for all loans (Industry average).</p></li></ul><h2>The Enterprises' Foreclosures&#58;</h2><ul><li style="padding&#58;0px;margin&#58;0px;"><p>Third-party sales and foreclosure sales fell slightly to 47,300 while foreclosure starts dropped 25 percent to nearly 84,700 in the first quarter.</p></li><li style="padding&#58;0px;margin&#58;0px;"><p>REO inventory declined 3 percent during the quarter to nearly 146,000 as property dispositions outpaced property acquisitions.</p></li></ul><p><a href="/Media/PublicAffairs/Pages/Fannie-Mae-and-Freddie-Mac-Foreclosure-Prevention-Actions-Near-3-2-Million-Through-First-Quarter.aspx">​Related News Release</a></p></td></tr></tbody></table><a href="/AboutUs/Reports/ReportDocuments/Foreclosure%20Prevention%20Report_1Q14_FINAL.pdf#page=3"><h1>Table of Contents</h1></a><h4><a href="/AboutUs/Reports/ReportDocuments/Foreclosure%20Prevention%20Report_1Q14_FINAL.pdf#page=4">HIGHLIGHTS</a></h4><h4><a href="/AboutUs/Reports/ReportDocuments/Foreclosure%20Prevention%20Report_1Q14_FINAL.pdf#page=5">LOAN MODIFICATION PROGRAMS - STATUS UPDATE</a></h4><h4><a href="/AboutUs/Reports/ReportDocuments/Foreclosure%20Prevention%20Report_1Q14_FINAL.pdf#page=6">MORTGAGE PERFORMANCE</a></h4><h4><a href="/AboutUs/Reports/ReportDocuments/Foreclosure%20Prevention%20Report_1Q14_FINAL.pdf#page=7">FORECLOSURE PREVENTION ACTIONS&#58; All Actions Completed</a></h4><h4><a href="/AboutUs/Reports/ReportDocuments/Foreclosure%20Prevention%20Report_1Q14_FINAL.pdf#page=8">60+ DAYS DELINQUENT LOANS AND FORECLOSURE PREVENTION ACTIONS</a></h4><ul style="list-style-type&#58;none;list-style-image&#58;none;"><li>Home Retention Actions </li><li>Enterprises' Loan Modifications </li><li>Fannie Mae's Loan Modifications</li><li>Freddie Mac's Loan Modifications</li><li>Home Forfeiture Actions</li></ul><h4><a href="/AboutUs/Reports/ReportDocuments/Foreclosure%20Prevention%20Report_1Q14_FINAL.pdf#page=16">FORECLOSURES</a></h4><h4><a href="/AboutUs/Reports/ReportDocuments/Foreclosure%20Prevention%20Report_1Q14_FINAL.pdf#page=17">REO ACTIVITY &amp; INVENTORY</a></h4><h4><a href="/AboutUs/Reports/ReportDocuments/Foreclosure%20Prevention%20Report_1Q14_FINAL.pdf#page=19">DELINQUENT LOANS BY STATE</a></h4><h4><a href="/AboutUs/Reports/ReportDocuments/Foreclosure%20Prevention%20Report_1Q14_FINAL.pdf#page=20">DELINQUENCY STATUS MAP</a></h4><h4><a href="/AboutUs/Reports/ReportDocuments/Foreclosure%20Prevention%20Report_1Q14_FINAL.pdf#page=21">CHANGE IN THE NUMBER OF DELINQUENT LOANS IN KEY STATES</a></h4><p>&#160;</p>6/27/2014 2:00:45 PM815http://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
U.S. House Price Index Report - April 2014121<table width="100%" class="ms-rteTable-0" cellspacing="0"><tbody><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0" style="width&#58;10%;">​​​​<a href="/AboutUs/Reports/ReportDocuments/HPI062414.pdf"><img src="/AboutUs/Reports/PublishingImages/Report_Gen_Thumbs/US-HPI-Report-Thumb.png" alt="" style="margin&#58;5px;width&#58;100px;height&#58;132px;" /></a></td><td class="ms-rteTableOddCol-0" style="width&#58;50%;"><p>The FHFA House Price Index (HPI) reported no change in U.S. house prices in April from the previous month.&#160; The previously reported 0.7 percent increase in March was unchanged. From April 2013 to April 2014, house prices were up 5.9 percent.&#160; 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.&#160; 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.​</p><p>Monthly index values and appreciation rate estimates for recent periods are provided in the table and graphs in the attachment.&#160;<span style="color&#58;#444444;font-family&#58;inherit;font-size&#58;inherit;font-weight&#58;inherit;">&#160;</span></p><p><span style="color&#58;#444444;font-family&#58;inherit;font-size&#58;inherit;font-weight&#58;inherit;"><a href="/Media/PublicAffairs/Pages/U-S-House-Prices-Flat-in-April-2014.aspx">Related News Release</a></span></p></td></tr></tbody></table>​7/3/2014 1:32:45 PM2091http://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
Refinance Report - April 20141049<h2></h2><table cellspacing="0" width="100%" class="ms-rteTable-0"><tbody><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0" style="width&#58;10%;">​<img src="/AboutUs/Reports/PublishingImages/Apr-14_Refi_Report_thumb.png" alt="" style="margin&#58;5px;width&#58;100px;height&#58;130px;" /></td><td class="ms-rteTableOddCol-0" style="width&#58;50%;"><h2>​Report Highlights</h2><ul style="font-family&#58;'source sans pro', sans-serif;font-size&#58;14px;font-style&#58;normal;font-variant&#58;normal;line-height&#58;14px;"><li><p style="margin-bottom&#58;0px;">​Refinance volume rose slightly in April, ​​​but remained at levels&#160;more comparable to those observed in 2008 than in subsequent&#160;years. Mortgage rates have ranged between four to four and a half&#160;percent since June 2013. In April, the average interest rate on a&#160;30 year fixed rate mortgage remained unchanged from March at&#160;4.34 percent.</p></li><li><p style="margin-bottom&#58;0px;">In April 2014, 19,689 refinances were completed through HARP,&#160;bringing the total refinances through HARP from the inception of&#160;the program to 3,154,578.</p></li><li><p style="margin-bottom&#58;0px;">HARP volume represented 17 percent of total refinance volume&#160;in April 2014.</p></li><li><p style="margin-bottom&#58;0px;">In April 2014, 10 percent of the loans refinanced through HARP&#160;​had a loan-to-value ratio greater than 125 percent.​</p></li></ul></td></tr></tbody></table>7/3/2014 7:39:10 PM418http://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
Refinance Report - First Quarter 2014368<table width="100%" class="ms-rteTable-0" cellspacing="0"><tbody><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0" style="width&#58;10%;">​<a href="/AboutUs/Reports/ReportDocuments/1Q2014RefinanceReport.pdf"><img src="/AboutUs/Reports/PublishingImages/Report_Gen_Thumbs/Refinance-Report-Thumb.png" alt="" style="margin&#58;5px;width&#58;100px;height&#58;132px;" /></a></td><td class="ms-rteTableOddCol-0" style="width&#58;50%;"> <strong>​First Quarter 2014 Highlights</strong> <ul style="line-height&#58;14px;font-family&#58;'source sans pro', sans-serif;font-size&#58;14px;font-style&#58;normal;font-variant&#58;normal;"><li><p style="margin-bottom&#58;0px;">Refinance volume decreased in March, dropping to levels last observed in 2008. Mortgage rates have ranged between four to four and a half percent since June 2013. In March, mortgage rates increased&#58; the average interest rate on a 30-year. fixed- rate mortgage rose to 4.34 percent.</p></li><li><p style="margin-bottom&#58;0px;">In the first quarter of 2014, 76,930 refinances were completed through HARP, bringing the total refinances through HARP from the inception of the program to 3,134,889.</p></li><li><p style="margin-bottom&#58;0px;">HARP volume represented 21 percent of total refinance volume in the first quarter.</p></li></ul><p style="margin-bottom&#58;0px;"><a href="/Media/PublicAffairs/Pages/Refinances-Trending-Downward-.aspx">Related News Release</a></p></td></tr></tbody></table>7/3/2014 7:40:00 PM959http://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
U.S. House Price Index Report - 1Q 2014 / March 2014248<p> <strong></strong>&#160;</p><table class="ms-rteTable-0" cellspacing="0" style="width&#58;100%;"><tbody><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0" style="width&#58;10%;">​<a href="/AboutUs/Reports/ReportDocuments/Q1-HPI-Mar-2014-HPIpdf.pdf"><img src="/AboutUs/Reports/PublishingImages/US-House-Price-Index-Report-Thumb.png" alt="" style="margin&#58;5px;width&#58;100px;height&#58;131px;" />​</a></td><td class="ms-rteTableOddCol-0" style="width&#58;50%;"><h4>​Significant Findings​​&#58;</h4><ul style="line-height&#58;14px;font-family&#58;'source sans pro', sans-serif;font-size&#58;14px;font-style&#58;normal;font-variant&#58;normal;"><li><p>The seasonally adjusted, purchase-only HPI rose in 42 states and the District of Columbia during the first quarter of 2014 (up from 38 states during the fourth quarter of 2013).&#160; The top annual appreciation was in&#58;&#160; 1) Nevada, 2) District of Columbia, 3) California, 4) Arizona, and 5) Florida.</p></li><li><p>Of the nine census divisions, the Pacific division experienced the strongest increase in the first quarter, posting a 2.1 percent increase and a 13.2 percent increase since last year. &#160;House prices were weakest in the Middle Atlantic division, where prices increased 0.1 percent from the prior quarter.</p></li><li><p>As measured with purchase-only indexes for the 100 most populated metropolitan areas in the U.S., first quarter price increases were greatest in the Charleston-North Charleston, SC Metropolitan Statistical Area (MSA) where prices increased by 10.7 percent.&#160; Prices were weakest​ in the New Orleans-Metairie, LA MSA, where they fell 2.6 percent.&#160; Positive appreciation was recorded in 71 of the 100 MSAs.</p></li><li><p>The monthly seasonally adjusted purchase-only index for the U.S. has increased for 23 of the last 24 months (November 2013 showed a decrease).</p></li><li><p>The Pacific and Mountain census divisions—the two divisions that saw the greatest price increases between March 2012 and March 2013—saw substantive decelerations over the latest 12 months.&#160; Price appreciation was 12.4 percent between March 2013 and March 2014 in the Pacific Division, more than three percentage points below the rate for the preceding 12 months. &#160;At 9.8 percent, the last 12-month appreciation in the Mountain division was more than four percentage points below the rate in the preceding 12 months.​</p></li></ul><p><a href="/Media/PublicAffairs/Pages/FHFA-House-Price-Index-Rises-for-Eleventh-Consecutive-Quarter.aspx">Related News Release</a></p></td></tr></tbody></table>7/3/2014 1:33:10 PM4828http://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx

© 2014 Federal Housing Finance Agency