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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...
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FHFA Announces Special Advisor Bob Ryan Departing
PageContent Washington, D.C. — FHFA announced today that Bob Ryan, who has served as a Special Advisor to the Director since 2014, is leaving FHFA as of July 12. FHFA Director Mark Calabria praised Ryan for his many years of service to the Agency and the housing finance industry. “Bob’s advice and...
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FHFA House Price Index Up 0.4 Percent in April; Up 5.2 Percent from Last Year
Washington, D.C. – U.S. house prices rose in April, up 0.4 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The previously reported 0.1 percent increase for March 2019 remained unchanged. The FHFA monthly HPI...
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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 first quarter 2019 Foreclosure Prevention Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 38,968 foreclosure prevention actions in the first quarter of 2019, bringing the total number of...
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FHFA Releases Report on Non-performing Loan Sales
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its report providing information about the sale of non-performing loans (NPLs) by Fannie Mae and Freddie Mac (the Enterprises). The Enterprise Non-Performing Loan Sales Report includes information about NPLs sold through...
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FHFA 2018 Report to Congress Includes Legislative Recommendations
Washington, D.C. — The Federal Housing Finance Agency (FHFA) today released its 2018 Report to Congress. The report meets the requirements of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Housing and Economic Recovery Act of 2008. It provides...
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FHFA Index Shows Mortgage Rates Decreased in April 2019
Washington, D.C. – FHFA has determined that due to dwindling participation, the Monthly Interest Rate Survey will be discontinued. This is the final monthly release. Nationally, interest rates on conventional purchase-money mortgages decreased from March to April, according to several indices of...
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FHFA Announces Sarah Dumont Merchak as Director of Legislative Affairs
Washington, D.C. — The Federal Housing Finance Agency (FHFA) today announced that Sarah Dumont Merchak will join the Agency as its Director of Legislative Affairs. Merchak joins FHFA from USAA, where she was Director of Federal Government Relations. Prior to that, she held various public policy and...
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U.S. House Prices Rise 1.1 Percent in First Quarter
Washington, D.C. – U.S. house prices rose 1.1 percent in the first quarter of 2019 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 5.1 percent from the first quarter of 2018 to the first quarter of 2019. FHFA's seasonally adjusted monthly index for...