News Releases

Washington, D.C. – U.S. home prices fell 0.6 percent on a seasonally-adjusted basis from July to August, according to the Federal Housing Finance Agency’s monthly House Price Index, which was slightly less than the 0.8 percent fall in July. For the 12 months ending in August, U.S. prices fell 5.9...

***MEDIA ADVISORY*** CLARIFICATION TO TESTIMONY To clarify the last paragraph of page 3 of Director Lockhart’s testimony, the testimony should read: "The conservatorship and the access to credit from the U.S. Treasury provide an effective guarantee to existing and future debt holders of Fannie Mae...

Washington, D.C. – The Federal Housing Finance Agency’s (FHFA’s) Mortgage Metrics Report for the second quarter of 2008 was released today. The report presents key performance data on 30.6 million first lien residential mortgages with outstanding balances totaling $4.5 trillion serviced on behalf of...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) expects to announce 2009 conforming loan limits for Fannie Mae and Freddie Mac by November 7. The limits define the maximum loan size of mortgages that can be purchased by the Enterprises. Under the Housing and Economic Recovery Act of...

Washington, D.C. – Director James B. Lockhart today announced a Fiscal Year (FY) 2009 budget of $120.8 million for the new Federal Housing Finance Agency (FHFA), created in the Housing and Economic Recovery Act of 2008 passed in July. The FY 2009 budget reflects the costs of regulating Fannie Mae...

PageContent Washington, D.C. – James B. Lockhart III, Director of the Federal Housing Finance Agency (FHFA), the safety and soundness regulator for Fannie Mae and Freddie Mac and the Federal Home Loan Banks, placed Fannie Mae and Freddie Mac into conservatorship on September 7, 2008. The capital...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) today sent to the Federal Register an interim final rule amending its Affordable Housing Program (AHP) regulation. The changes to the AHP regulation will help preserve homeownership for low- and moderate-income families by allowing the use...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) released its first Mortgage Metrics Report today. The report presents key performance data on 30.4 million first lien residential mortgages with outstanding balances totaling $4.4 trillion serviced on behalf of Fannie Mae and Freddie Mac...

PageContent Washington, D.C. – FHFA Director James B. Lockhart today announced the appointments of new non-executive chairmen of the Boards of Directors of Fannie Mae and Freddie Mac. John A. Koskinen has agreed to serve as the non-executive chairman of Freddie Mac. Philip A. Laskawy will serve as...

PageContent Washington, D.C. – The Federal Housing Finance Agency (FHFA) has transmitted to the Federal Register a Notice of "Establishment of a New Independent Agency." This provides formal public notice of the existence of the Agency, its purpose and the chapter of the Code of Federal Regulations...