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FHFA Announces Agreement with Ms. Simone Grimes
Washington, D.C. – FHFA has reached a resolution with its employee, Simone Grimes. “Ms. Grimes brought forward serious issues and the Agency is pleased to have resolved these matters," said an Agency spokesperson. “I appreciate the Agency's attention and care to these issues. I felt that FHFA took...
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More Than 4.3 Million Homeowners Helped Since Conservatorships
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its second quarter 2019 Foreclosure Prevention Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 31,757 foreclosure prevention actions in the second quarter of 2019, bringing the total number...
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FHFA House Price Index Up 0.4 Percent in July; Up 5.0 Percent From Last Year
Washington, D.C. – U.S. house prices rose in July, up 0.4 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 5.0 percent from July 2018 to July 2019. The previously reported 0.2 percent increase for June 2019 remains...
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FHFA Announces End of Mortgage Servicing Rights Financing Pilot Program
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the end of the Mortgage Servicing Rights (MSR) financing pilot program for Fannie Mae and Freddie Mac (the Enterprises). The MSR pilot began in 2018 to provide financing to non-bank servicers as they continue to account for...
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FHFA Revises Multifamily Loan Purchase Caps for Fannie Mae and Freddie Mac
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced a revised cap structure on the multifamily businesses of Fannie Mae and Freddie Mac (the Enterprises). The new multifamily loan purchase caps will be $100 billion for each Enterprise, a combined total of $200 billion in...
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U.S. House Prices Rise 1.0 Percent in Second Quarter; Up 5.0 Percent from Last Year
Washington, D.C. – U.S. house prices rose in the second quarter of 2019, up 1.0 percent according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 5.0 percent from the second quarter of 2018 to the second quarter of 2019. FHFA's seasonally adjusted monthly...
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FHFA Announces 2020 Release Dates for House Price Index
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the FHFA House Price Index (HPI) will be released at 9 a.m. ET on the following dates in 2020: Wednesday, January 22 Monthly Index Tuesday, February 25 Quarterly and Monthly Index Wednesday, March 25 Monthly Index...
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FHFA Announces Results of Fannie Mae and Freddie Mac Dodd-Frank Act Stress Tests
W a s hi n g t on , D.C. – The Federal Housing Finance Agency (FHFA) today released a report providing the results of the annual stress tests Fannie Mae and Freddie Mac (the Enterprises) are required to conduct under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act)...
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FHFA Publishes Final Rule on Credit Score Models
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today sent to the Federal Register for publication a final rule on the validation and approval of third-party credit score model(s) that can be used by Fannie Mae and Freddie Mac (the Enterprises). The rule implements the requirements in...
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FHFA House Price Index Up 0.1 Percent in May; Up 5.0 Percent from Last Year
Washington, D.C. – U.S. house prices rose in May, up 0.1 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The previously reported 0.4 percent increase for April 2019 remained unchanged. The FHFA monthly HPI...