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FHFA House Price Index Up 0.4 Percent in November
Washington, D.C. – U.S. house prices rose in November, 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 0.3 percent increase in October was revised to reflect a 0.4 percent...
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FHFA House Price Index Up 0.3 Percent in October
Washington, D.C. – U.S. house prices rose in October, up 0.3 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The previously reported 0.2 percent increase in September remained unchanged. The FHFA monthly HPI...
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FHFA Index Shows Mortgage Rates Increased in November 2018
Washington, D.C. - Nationally, interest rates on conventional purchase-money mortgages increased from October to November, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 4...
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Foreclosure Preventions Surpass 4.2 Million In FHFA's Third Quarter 2018 Report
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its third quarter 2018 Foreclosure Prevention Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 63,193 foreclosure prevention actions in the third quarter of 2018, bringing the total number of...
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FHFA Publishes Fannie Mae and Freddie Mac's Modified Underserved Markets Plans for Duty to Serve Program
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today published Fannie Mae and Freddie Mac's (the Enterprises) modified Underserved Markets Plans for 2018-2020 under the Duty to Serve program. The Plans, originally published Dec. 18, 2017 became effective Jan. 1, 2018. FHFA requested...
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FHFA Issues Proposed Rule on Validation and Approval of Credit Score Models
Washington, D.C. – The Federal Housing Finance Agency (FHFA) is seeking public comment on a proposed rule that would establish standards and criteria for the validation and approval of third-party credit score models used by Fannie Mae and Freddie Mac (the Enterprises). This proposed rule is...
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FHFA Releases U.S. Mortgage Statistics from the National Mortgage Database
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released the first set of national statistics derived from the National Mortgage Database (NMDB®) as a step toward implementing the monthly mortgage market survey public data disclosure required by the Housing and Economic Recovery...
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FHFA Issues 2017 Report to Congress on Guarantee Fees
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its annual report on single-family guarantee fees charged by Fannie Mae and Freddie Mac (the Enterprises). The Housing and Economic Recovery Act of 2008 requires FHFA to conduct an ongoing study of the guarantee fees charged...
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FHFA Announces Deemed-Issuance Ratio for 2019
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the deemed-issuance ratio for the 2019 calendar year in accordance with Internal Revenue Service (IRS) guidelines on the trading of the Uniform Mortgage-Backed Security (UMBS). The IRS recently published Revenue...
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FHFA Releases New Report on Non-performing Loan Sales
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its semiannual 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...