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FHFA Announces Atlanta HARP Outreach Program
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced an outreach event to reach remaining homeowners who could benefit from the Home Affordable Refinance Program (HARP). FHFA Director Mel Watt will join housing experts and community leaders in a town hall-style meeting at...
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FHFA Extends Deadline for G-Fee Input to September 8
Washington, DC – The Federal Housing Finance Agency (FHFA) today announced that it is extending the deadline for its Request for Input on the guarantee fees (g-fees) that Fannie Mae and Freddie Mac charge lenders to Monday, September 8, 2014. The previous deadline to submit input to the FHFA was...
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U.S. House Prices Up 0.4 Percent in May
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that U.S. house prices rose 0.4 percent in May from the previous month. The April index value has been revised to reflect a 0.1 percent monthly price increase, above the original estimate of no change. The FHFA House Price...
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FHFA Requests Input on Draft Private Mortgage Insurer Eligibility Requirements for Fannie Mae and Freddie Mac Counterparties
Washington, D.C. – The Federal Housing Finance Agency (FHFA) is seeking input on draft requirements that would apply to private mortgage insurance companies that insure mortgage loans owned or guaranteed by Fannie Mae and Freddie Mac. These requirements would apply only to private mortgage...
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Fannie Mae and Freddie Mac Foreclosure Prevention Actions Near 3.2 Million Through First Quarter
Washington, D.C. – Fannie Mae and Freddie Mac have completed nearly 3.2 million foreclosure prevention actions since the start of the conservatorships in 2008, with approximately 88,800 actions occurring in the first quarter. These measures have helped more than 2.6 million borrowers stay in their...
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FHFA Index Shows Mortgage Interest Rates Decrease in May 2014
Washington, D.C. – National data show interest rates on mortgages decreased from April to May, according to an index of new mortgage contracts. According to the Federal Housing Finance Agency (FHFA), the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by...
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FHFA Announces New HARP Outreach Efforts
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced it is taking new steps to reach homeowners who could benefit from the Home Affordable Refinance Program (HARP). FHFA Director Mel Watt will join housing experts and community leaders in a town hall-style meeting at the...
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U.S. House Prices Flat in April
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that its monthly House Price Index (HPI) showed no change ( 0.0 percent) in U.S. house prices for April from the prior month. The monthly change in the FHFA HPI for March remained at 0.7 percent as previously reported. The...
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FHFA Announces Settlement with RBS
Washington, DC – The Federal Housing Finance Agency (FHFA), as conservator of Freddie Mac, today announced a settlement for $99.5 million with RBS Securities, Inc. (RBS). The settlement resolves claims against RBS in FHFA v. Ally Financial Inc. in the Southern District of New York, alleging...
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FHFA Releases 2013 Report to Congress
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its 2013 Report to Congress, which details the findings of the agency's 2013 examinations of Fannie Mae, Freddie Mac (the Enterprises), the 12 Federal Home Loan Banks (FHLBanks) and the FHLBanks' joint Office of Finance. The...