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Total Refinance Volume Ticks Up Slightly in Third Quarter
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that more than 362,934 refinances were completed in the third quarter of 2017, compared with 356,707 in the second quarter. FHFA's third quarter Refinance Report also shows that more than 6,913 loans were refinanced through...
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FHFA Announces Fannie Mae and Freddie Mac Will Re-enter LIHTC Market
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac (the Enterprises) will be allowed limited re-entry into the Low Income Housing Tax Credit (LIHTC) market as equity investors, effective immediately. The LIHTC, established in the Tax Reform...
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FHFA Releases 2017 Performance and Accountability Report
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its Performance and Accountability Report, which details FHFA's activities as regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac during fiscal year 2017. For the...
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FHFA Index Shows Mortgage Rates Decreased in September
Washington, D.C. – Nationally, interest rates on conventional purchase-money mortgages decreased from August to September, 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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FHFA House Price Index Up 0.7 Percent in August
Washington, D.C. – U.S. house prices rose in August, up 0.7 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 July was revised upward to 0.4 percent. The FHFA...
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Preferred Language Question to be Added to the Redesigned Uniform Residential Loan Application
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced its decision to add a preferred language question to the redesigned Uniform Residential Loan Application (URLA). This question will enable borrowers who prefer to communicate in a language other than English to identify...
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Pregunta sobre el lenguaje de preferencia será añadida a la solicitud rediseñada del Préstamo Hipotecario Residencial Uniforme
Washington, D.C. – La Agencia Federal de la Financiación del Hogar (FHFA por sus siglas en inglés) anunció hoy su decisión de añadir una pregunta sobre el lenguaje de preferencia a la solicitud rediseñada del Préstamo Hipotecario Residencial Uniforme. La pregunta va a permitir a los prestatarios, si...
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FHFA Issues 2016 Report to Congress on Guarantee Fees
Washington, D.C. – As required by the Housing and Economic Recovery Act of 2008, the Federal Housing Finance Agency (FHFA) today released its annual report on the single-family guarantee fees charged by Fannie Mae and Freddie Mac (the Enterprises). The report discusses guarantee fees charged in 2016...
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FHFA Index Shows Mortgage Rates Increased in August
Washington, D.C. – Nationally, interest rates on conventional purchase-money mortgages increased from July to August, 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 4.05...
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FHFA Second Quarter Foreclosure Prevention Report Shows Foreclosure Preventions Surpass 3.9 Million
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its second quarter Foreclosure Prevention Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 48,760 foreclosure prevention actions in the second quarter of 2017, bringing the total number of...