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2016 Maximum Conforming Loan Limits Established for Fannie Mae and Freddie Mac
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2016 will remain at existing levels, except in 39 high-cost counties where they will increase. In most of the country, the loan...
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FHFA Index Shows Mortgage Interest Rates Decreased in October
Washington, D.C. – Nationally, interest rates on conventional purchase-money mortgages decreased from September to October, 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...
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HARP Refinances Dip in Third Quarter
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that the total number of loans refinanced through the Home Affordable Refinance Program (HARP) in the third quarter declined compared to HARP refinances in the prior quarter. FHFA's third quarter Refinance Report indicates...
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FHFA Releases 2015 Performance and Accountability Report
Washington, DC – 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 2015. For the...
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FHFA Announces Expansion of Neighborhood Stabilization Initiative
Washington, DC – The Federal Housing Finance Agency (FHFA) today announced an expansion of the Neighborhood Stabilization Initiative (NSI) to 18 additional metropolitan areas around the country. Effective December 1, local community organizations w ill be given the opportunity to review and...
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Agencies Finalize 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 issued a final rule to establish capital and margin requirements...
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FHFA Index Shows Mortgage Interest Rates Decreased in September
Washington, DC – 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 3...
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FHFA House Price Index Up 0.3 Percent in August
Washington, D.C. – U.S. house prices rose in August, up 0.3 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) monthly House Price Index (HPI). The previously reported 0.6 percent increase in July was revised downward to reflect a 0...
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FHFA Finalizes House Price Index Measure for Conforming Loan Limits for Fannie Mae and Freddie Mac
Washington, D.C. – The Federal Housing Finance Agency (FHFA) sent to the Federal Register a Final Notice indicating its intent to use its existing "expanded-data" House Price Index (HPI) when setting the maximum conforming loan limits of Fannie Mae and Freddie Mac. A Notice and Request for Input on...
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FHFA Index Shows Mortgage Interest Rates Decreased in August
Washington, D.C. – Nationally, interest rates on conventional purchase-money mortgages decreased 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 3.99...