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FHFA Announces Rescission of Enterprise Upfront Fees Based on Debt-To-Income (DTI) Ratio
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that it has rescinded the upfront fees based on borrowers' DTI ratios for loans acquired by Fannie Mae and Freddie Mac (the Enterprises). FHFA announced in March it would delay implementation in order to engage with...
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FHFA House Price Index Up 0.5 Percent in February; Up 4.0 Percent from Last Year
Washington, D.C. – U.S. house prices rose in February, up 0.5 percent from January, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 4.0 percent from February 2022 to February 2023. The previously reported 0...
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FHFA to Request Input on Multifamily Tenant Protections
In May 2023, the Federal Housing Finance Agency (FHFA) will issue a Request for Input (RFI) on multifamily tenant protections. Previously, FHFA announced in the White House Blueprint for a Renters Bill of Rights that the Agency would conduct a public stakeholder engagement process to identify...
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FHFA Announces Final Rule Amending the Enterprise Duty to Serve Underserved Markets Regulation
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today published a final rule to amend the Enterprise Duty to Serve Underserved Markets regulation. The final rule allows Fannie Mae and Freddie Mac’s (together, the Enterprises) activities in all colonia census tracts to be eligible for...
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FHFA to Host Appraisal Subcommittee (ASC) Hearing on Appraisal Bias
Washington, D.C. – The Federal Housing Finance Agency FHFA) will host the Appraisal Subcommittee (ASC) on Friday, May 19, 2023, for its second public hearing on appraisal bias in coordination with ASC member agencies. The intent of this hearing is to explore the current regulatory framework for the...
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FHFA Announces Inaugural Housing Finance TechSprint
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced its inaugural TechSprint, a team-based problem-solving event hosted by FHFA’s Office of Financial Technology, designed to secure the free and fair flow of data in a safe and sound housing finance system. Named...
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FHFA Announces Enhanced Payment Deferral Policies for Borrowers Facing Financial Hardship
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac (the Enterprises) will enhance their payment deferral policies to allow borrowers facing financial hardship to defer up to six months of mortgage payments. The enhanced payment deferral...
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FHFA House Price Index Up 0.2 Percent in January; Up 5.3 Percent from Last Year
Washington, D.C. – U.S. house prices rose in January, up 0.2 percent from December, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 5.3 percent from January 2022 to January 2023. The previously reported 0.1 percent price...
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FHFA to Host Public Hearing on Appraisal Bias
On May 19, 2023, the Federal Housing Finance Agency (FHFA) will host the Appraisal Subcommittee (ASC) for its second public hearing on appraisal bias. The hearing will be held at FHFA Headquarters located at 400 7th St SW, Washington, DC 20024. It will also be live-streamed for those who cannot...
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FHFA Releases 4th Quarter 2022 Foreclosure Prevention and Refinance Report
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its fourth quarter 2022 Foreclosure Prevention and Refinance Report. The report shows that Fannie Mae and Freddie Mac (the Enterprises) completed 52,469 foreclosure prevention actions during the quarter, raising the...