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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 PM313http://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 PM236http://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 PM745http://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 PM2017http://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 PM384http://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
Annual Report to Congress - 2013661<table width="100%" class="ms-rteTable-0" cellspacing="0" style="height&#58;154px;"><tbody><tr class="ms-rteTableEvenRow-0"><td class="ms-rteTableEvenCol-0" style="width&#58;10%;">​ <a href="/AboutUs/Reports/ReportDocuments/FHFA_2013_Report_to_Congress.pdf"> <img src="/AboutUs/Reports/PublishingImages/2013-Report_to_Congress_Thumb.png" alt="" style="margin&#58;5px;width&#58;100px;height&#58;127px;box-shadow&#58;2px 2px 2px #808080;" /></a> </td><td class="ms-rteTableOddCol-0" style="width&#58;50%;"><p>The 2013 Rep​ort to Congress presents the findings of the agency’s 2013 examinations of Fannie Mae and Freddie Mac (the Enterprises), the 12 Federal Home Loan Banks (FHLBanks), and the FHLBanks’ Office of Finance. It also details FHFA’s actions as conservator of Fannie Mae and Freddie Mac during 2013, as well as the agency’s regulatory guidance, research and publications. During 2013, FHFA continued to serve as regulator and conservator of the Enterprises while supervising and regulating the 12 FHLBanks and the FHLBanks’ joint Office of Finance to promote their safety and soundness and fulfillment of their housing missions.​</p><p><a href="/Media/PublicAffairs/Pages/FHFA-Releases-2013-Report-to-Congress.aspx">Related News Release</a></p></td></tr></tbody></table><p>&#160;</p><h1>Tabl​e of Contents</h1><h2> <a href="/AboutUs/Reports/ReportDocuments/FHFA_2013_Report_to_Congress.pdf#page=12">Conservatorships of the Enterprises</a></h2><p>2013 Strategic Initiatives</p><p>BUILD</p><p>CONTRACT</p><p>MAINTAIN</p><p>Other Conservatorship Activities&#160;</p><p>Enterprise Compensation</p><h2> <a href="/AboutUs/Reports/ReportDocuments/FHFA_2013_Report_to_Congress.pdf#page=18">Report of Annual Examinations of Fannie Mae and Freddie Mac</a></h2>​ <p>​Examination Authority</p><p>Report of Annual Examination of Fannie Mae (Federal National Mortgage Association)</p><p>Overall Condition</p><p>Affordable Housing Goals for Fannie Mae</p><p>Report of Annual Examination of Freddie Mac (Federal Home Loan Mortgage Corporation)</p><p>Overall Condition</p><p>Affordable Housing Goals for Freddie Mac</p><h2><a href="/AboutUs/Reports/ReportDocuments/FHFA_2013_Report_to_Congress.pdf#page=28">Special Accounting Considerations</a></h2><p>Summary</p><p>Reversal of Credit Expenses Provisioned in Prior Years</p><h2><a href="/AboutUs/Reports/ReportDocuments/FHFA_2013_Report_to_Congress.pdf#page=32">Report of Annual Examinations of Federal Home Loan Banks</a></h2><p>Examination Authority and Scope</p><p>Financial Overview</p><h2><a href="/AboutUs/Reports/ReportDocuments/FHFA_2013_Report_to_Congress.pdf#page=60">Regulatory Guidance</a></h2><p>Regulations&#58; All Regulated Entities (Enterprises and Federal Home Loan Banks)</p><p>Regulations&#58; Federal Home Loan Banks</p><p>Regulations&#58; Enterprises</p><p>Regulations&#58; Agency Operations</p><p>Regulations&#58; Housing Goals and Mission</p><p>Policy Guidance&#58; Regulated Entities and the Office of Finance</p><p>Policy Guidance&#58; Enterprises and the Federal Home Loan Banks</p><p>Policy Guidance&#58; Federal Home Loan Banks</p><p>Policy Guidance&#58; Enterprises</p><p>Policy Guidance&#58; Agency Safety and Soundness Examination Manual</p><h2><a href="/AboutUs/Reports/ReportDocuments/FHFA_2013_Report_to_Congress.pdf#page=68">Research and Publications</a></h2><p>Reports to Congress</p><p>House Price Index and Related Research</p><p>Public Use Database</p><p>Historical Database (MIRS)</p><p>Research Publications&#58; Working Papers, Mortgage Market Notes, and Research Papers</p><h2><a href="/AboutUs/Reports/ReportDocuments/FHFA_2013_Report_to_Congress.pdf#page=72">FHFA Operations and Performance</a></h2><p>A. Performance and Program Assessment</p><p>Performance Highlights</p><p>B. Financial Operations</p><h2><a href="/AboutUs/Reports/ReportDocuments/FHFA_2013_Report_to_Congress.pdf#page=78">Historical Data Tables</a>​​</h2><p> <br> &#160;</p>6/26/2014 1:21:55 PM1874http://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 PM916http://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 PM4593http://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
Foreclosure Prevention Report - February 2014 13455<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%;"><a href="/AboutUs/Reports/ReportDocuments/ForeclosurePreventionReportFeb2014FINAL.pdf">​<img src="/AboutUs/Reports/PublishingImages/FHFA-Foreclosure-Prevention-And-Federal-Property-Managers-February-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>​February 2014 Highlights</h2><p style="font-style&#58;normal;font-variant&#58;normal;"> <br> <span style="font-family&#58;inherit;font-size&#58;inherit;font-weight&#58;700 !important;">The Enterprises' Foreclosure Prevention Actions&#58;</span><br></p><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 28,400 foreclosure prevention&#160;&#160;actions were completed in February, bringing the total to nearly 3.2 million since the start of the conservatorships in September 2008. Half of these actions have been permanent loan modifications.</span><br></li><li> <span style="line-height&#58;22px;">There were more than 17,400 permanent loan modifications in February, down 7 percent compared with January.</span><br></li><li> <span style="line-height&#58;22px;">Approximately</span><span style="line-height&#58;22px;">&#160;28 percent of all permanent loan modifications in February included principal forbearance.</span><br></li><li> <span style="line-height&#58;22px;">More than 4,500 short sales and deeds-in-lieu were completed in February, down 19 percent&#160;compared with January.</span><br></li></ul><p style="font-style&#58;normal;font-variant&#58;normal;"></p><p style="font-style&#58;normal;font-variant&#58;normal;"> <span style="font-family&#58;inherit;font-size&#58;inherit;font-weight&#58;700 !important;">The Enterprises' Mortgage Performance&#58;</span><br></p><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;">The serious delinquency rate dropped to 2.28 percent at the end of February, from 2.33 percent in January.</span><br></li></ul><p style="font-style&#58;normal;font-variant&#58;normal;"></p><p style="font-style&#58;normal;font-variant&#58;normal;"> <span style="font-family&#58;inherit;font-size&#58;inherit;font-weight&#58;700 !important;">The Enterprises' Foreclosures&#58;</span><br></p><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;">​​Third-party and foreclosure sales declined 22 percent to nearly 14,100, while foreclosure starts dropped 33 percent to 21,900 in February.​</span></li></ul></td></tr></tbody></table><p></p>6/2/2014 6:58:24 PM549http://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
Federal Property Manager's Report - February 201413456<p></p><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/051414FPMFebReporttoCongress.pdf"><img src="/AboutUs/Reports/PublishingImages/FHFA-Foreclosure-Prevention-And-Federal-Property-Managers-February-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%;">​<span style="font-style&#58;normal;font-variant&#58;normal;line-height&#58;22px;">​​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;">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>6/2/2014 6:42:18 PM278http://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx

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