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FHFA Proposes 2021 Housing Goals for Fannie Mae and Freddie Mac
Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) proposed its 2021 housing goals for Fannie Mae and Freddie Mac (the Enterprises). Due to the economic uncertainty related to the COVID-19 national pandemic, FHFA is proposing benchmarks for calendar year 2021 only, and those levels...
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Director Calabria Supports FSOC Starting an Activities-Based Review of the Secondary Mortgage Market
Washington, D.C. – Today, during the Financial Stability Oversight Council's (FSOC) Principals Meeting it was announced that FSOC will begin an activities-based review of the secondary mortgage market. In December, FSOC implemented an activities-based approach for identifying and addressing...
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FHFA Extends COVID-Related Loan Processing Flexibilities for Fannie Mae and Freddie Mac Customers Through August
Washington, D.C. – The Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac (the Enterprises) will extend several loan origination flexibilities until August 31, 2020 to ensure continued support for borrowers during the COVID-19 national emergency. The flexibilities...
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Agencies Finalize Amendments to Swap Margin Rule
Joint Release Board of Governors of the Federal Reserve System Farm Credit Administration Federal Deposit Insurance Corporation Federal Housing Finance Agency Office of the Comptroller of the Currency Five federal agencies have finalized changes to their swap margin rule to facilitate the...
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FHFA House Price Index Up 0.2 Percent in April; Up 5.5 Percent from Last Year
Washington, D.C. – U.S. house prices rose in April, up 0.2 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 5.5 percent from April 2019 to April 2020. The previously reported 0.1 percent increase for March 2020...
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FHFA Releases 1st Quarter Foreclosure Prevention and Refinance Report for the Enterprises
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its first quarter 2020 Foreclosure Prevention and Refinance Report. The report shows that Fannie Mae and Freddie Mac (the Enterprises) completed 26,910 foreclosure prevention actions in the first quarter of 2020, bringing to...
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FHFA Extends Foreclosure and Eviction Moratorium
Washington, D.C. – Today, to help borrowers and renters who are at risk of losing their home due to the coronavirus national emergency, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) will extend their single-family moratorium on...
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FHFA Makes Translated COVID-19 Resources Available in Six Languages on LEP Site
Washington, D.C. – To help limited English proficiency (LEP) borrowers who are experiencing mortgage-related difficulties due to the coronavirus national emergency, today the Federal Housing Finance Agency (FHFA) added new translations to the Mortgage Translations website. Site visitors can now...
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FHFA to Re-Propose Updated Minimum Financial Eligibility Requirements for Fannie Mae and Freddie Mac Seller/Servicers
Washington, D.C. – Due to recent market events, the Federal Housing Finance Agency (FHFA) announced today that it will be re-proposing the updated minimum financial eligibility requirements for Fannie Mae and Freddie Mac Seller/Servicers. FHFA has determined that it is prudent to work with the...
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FHFA Issues 2019 Report to Congress
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its annual Report to Congress, covering calendar year 2019. The report addresses several topics related to the fulfillment of FHFA's statutory responsibilities and the financial condition of FHFA's regulated entities...