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FHFA Seeks Input on Fannie Mae and Freddie Mac Guarantee Fees
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced it is requesting input on the guarantee fees (g-fees) that Fannie Mae and Freddie Mac charge lenders. In January 2014, FHFA Director Mel Watt suspended the implementation of g-fee changes announced by the FHFA in...
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FHFA Index Shows Mortgage Interest Rates Increase Slightly in April 2014
Washington, DC – National data shows interest rates on mortgages slightly increased, 0.02 percent from March to April, 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...
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Refinances Trending Downward
Washington, DC – The total volume of mortgage refinances continued to decline through the first three months of 2014, according to the Federal Housing Finance Agency's First Quarter 2014 Refinance Report. Total refinance volume for the first quarter topped 370,000 while refinances through the Home...
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FHFA House Price Index Rises for Eleventh Consecutive Quarter
Washington, DC – U.S. house prices rose 1.3 percent in the first quarter of 2014 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). This is the eleventh consecutive quarterly price increase in the purchase-only, seasonally adjusted index. "Although the first quarter...
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FHFA Launches Social Media Accounts
Washington, D.C. – The Federal Housing Finance Agency (FHFA) will soon launch its official Twitter handle, @FHFA, to increase the availability and accessibility of FHFA news. FHFA will use @FHFA to tweet links to speeches, testimony, news releases, research papers, monthly and quarterly reports and...
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FHFA Announces Results of Fannie Mae and Freddie Mac Stress Tests
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released a report providing updated information on possible ranges of future financial results of Fannie Mae and Freddie Mac under specified scenarios. The report, Projections of the Enterprises’ Financial Performance, reflects...
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FHFA Index Shows Mortgage Interest Rates Slightly Lower in March 2014
Washington, D.C. – National data shows interest rates on mortgages declined slightly in March. According to the Federal Housing Finance Agency (FHFA), the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders index was 4.22 percent for loans closed...
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FHFA Announces $110 Million Settlement with First Horizon National Corporation
Washington, D.C. – The Federal Housing Finance Agency (FHFA), as conservator of Fannie Mae and Freddie Mac, today announced a settlement for $110 million with First Horizon National Corporation, related companies and specifically named individuals. The settlement resolves claims in the lawsuit FHFA...
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FHFA Announces $280 Million Settlement with Barclays Bank PLC
Washington, D.C. – The Federal Housing Finance Agency (FHFA), as conservator of Fannie Mae and Freddie Mac, today announced a settlement with Barclays Bank PLC, related companies and specifically named individuals for $280 million. The settlement resolves claims in the lawsuit FHFA v. Barclays Bank...
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FHFA House Price Index Up 0.6 Percent in February
Washington, D.C. – U.S. house prices rose in February, with an increase of 0.6 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) monthly House Price Index (HPI). The seasonally adjusted purchase-only index for the U.S. has shown...