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FHFA Announces Deemed-Issuance Ratio for 2023
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the deemed-issuance ratio for the 2023 calendar year in accordance with Internal Revenue Service (IRS) guidelines on the trading of the Uniform Mortgage-Backed Security (UMBS). The deemed-issuance-ratio will be used for...
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U.S. House Prices Rise 12.4 Percent over the Last Year; Up 0.1 Percent from the Second Quarter
Washington, D.C. – U.S. house prices rose 12.4 percent from the third quarter of 2021 to the third quarter of 2022 according to the Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices were up 0.1 percent compared to the second quarter of 2022. FHFA’s seasonally adjusted...
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FHFA Announces Conforming Loan Limit Values for 2023
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit values (CLLs)..
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FHFA Issues Report on Enterprise Single-Family Guarantee Fees in 2021
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today issued its annual report on single-family guarantee fees charged by Fannie Mae and Freddie Mac (the Enterprises). Guarantee fees are intended to cover the credit risk as well as administrative and operational costs that the...
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FHFA Releases FY 2022 Performance and Accountability Report
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its annual Performance and Accountability Report, which details FHFA’s activities as regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac during fiscal year 2022...
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FHFA Announces 2023 Multifamily Loan Purchase Caps for Fannie Mae and Freddie Mac
Washington, D.C. – The Federal Housing Finance Agency (FHFA) announced today that the 2023 multifamily loan purchase caps for Fannie Mae and Freddie Mac (the Enterprises) will be $75 billion for each Enterprise, for a combined total of $150 billion to support the multifamily market. The 2023 caps...
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FHFA House Price Index Down 0.7 Percent in August; Up 11.9 Percent from Last Year
Washington, D.C. – House prices fell nationwide in August, down 0.7 percent from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices rose 11.9 percent from August 2021 to August 2022. The previously reported 0.6 percent price decline...
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FHFA Announces Validation of FICO 10T and VantageScore® 4.0 for Use by Fannie Mae and Freddie Mac
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the validation and approval of both the FICO 10T credit score model and the VantageScore 4.0 credit score model for use by Fannie Mae and Freddie Mac (the Enterprises). “Today's decision will benefit borrowers and the...
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FHFA Announces Targeted Pricing Changes to Enterprise Pricing Framework
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced targeted changes to Fannie Mae and Freddie Mac's (the Enterprises) guarantee fee pricing by eliminating upfront fees for certain borrowers and affordable mortgage products, while implementing targeted increases to the...
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FHFA Announces New Staffing Updates
Washington, D.C. —Today, the Federal Housing Finance Agency (FHFA) announced two personnel updates. Karen Chang will serve as FHFA's Chief of Staff, and Samuel Frumkin has been named the Agency’s Executive Secretary. These appointments are effective immediately. "Having already served as a...