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FHFA Releases 2nd Quarter 2021 Foreclosure Prevention and Refinance Report
Washington, D.C. — The Federal Housing Finance Agency (FHFA) today released its second quarter 2021 Foreclosure Prevention and Refinance Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 217,020 foreclosure prevention actions in the second quarter of 2021, bringing...
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FHFA Announces Two Staffing Updates
PageContent Washington, D.C. — Today, the Federal Housing Finance Agency (FHFA) announced Andre D. Galeano as the Deputy Director of the Division of Enterprise Regulation (DER). Louis "Lou" Scalza will serve as the Acting Deputy Director of the Division of Federal Home Loan Bank Regulation (DBR). ...
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FHFA Issues Notice of Proposed Rulemaking to Amend the Enterprise Regulatory Capital Framework
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) announced that it is seeking comment on a notice of proposed rulemaking that would amend the Enterprise Regulatory Capital Framework (ERCF) for Fannie Mae and Freddie Mac (the Enterprises). The proposed amendments would refine...
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FHFA and Treasury Suspending Certain Portions of the 2021 Preferred Stock Purchase Agreements
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) and the U.S. Department of the Treasury (Treasury) suspended certain provisions added to the Preferred Stock Purchase Agreements (PSPAs) with Fannie Mae and Freddie Mac (the Enterprises) on January 14, 2021. “This suspension will...
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FHFA Releases Additional Data on Enterprise Fair Lending and Housing Goals
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) released several sets of demographic data related to Fannie Mae and Freddie Mac's (the Enterprises) fair lending and housing goals activities. The rate of homeownership for minority families in the United States continues to lag...
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FHFA Announces Increase in the Enterprises’ LIHTC Cap
Washington, D.C. – Today, to support underserved markets, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) can each invest up to $850 million annually in the Low-Income Housing Tax Credit (LIHTC) market as equity investors, effective...
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FHFA Extends the Enterprises’ REO First Look Period to 30 Days
Washington, D.C. – Today, through the First Look Program, the Federal Housing Finance Agency (FHFA) extended from 20 to 30 days, the period during which owner occupants, public entities, and nonprofits will have exclusive ability to buy Fannie Mae and Freddie Mac (the Enterprises) real estate...
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U.S. House Prices Rise 17.4 Percent over the Last Year; Up 4.9 Percent from the First Quarter
Washington, D.C. – U.S. house prices rose 17.4 percent from the second quarter of 2020 to the second quarter of 2021 according to the Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices were up 4.9 percent compared to the first quarter of 2021. FHFA’s seasonally adjusted...
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FHFA Announces Two Staffing Updates
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) named Laura Thrift as Director of the Office of Congressional Affairs and Communications and Alexei Alexandrov as Chief Economist. “Laura brings in-depth knowledge of the legislative process to FHFA. Her experience will help FHFA...
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FHFA Proposes 2022-2024 Housing Goals for Fannie Mae and Freddie Mac
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) proposed housing goals for Fannie Mae and Freddie Mac (the Enterprises) for 2022 to 2024. The proposed housing goals are designed to ensure the Enterprises responsibly promote equitable access to affordable housing that...