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FHFA House Price Index Up 0.3 Percent in August
Washington, D.C. – U.S. house price appreciation continued in August 2013, with prices rising 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 August HPI change marks the nineteenth...
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Fannie Mae and Freddie Mac Foreclosure Prevention Actions Top 2.9 Million
Washington, D.C. – Fannie Mae and Freddie Mac have completed more than 2.9 million foreclosure prevention actions since the start of conservatorship in 2008. These actions have helped approximately 2.4 million borrowers stay in their homes, including more than 1.4 million who received permanent loan...
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FHFA Announces Significant Steps in Organization of Joint Venture to Establish Common Securitization Platform
Washington, D.C. – The Federal Housing Finance Agency (FHFA) announced today that the joint venture between Fannie Mae and Freddie Mac that will build and operate a new common securitization platform has reached some important milestones. A Certificate of Formation has been filed with the Secretary...
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FHFA Index Shows Mortgage Interest Rates Continue to Rise in August 2013
Washington, D.C. – National data show interest rates on mortgages continued their upward trend. Contract mortgage interest rates increased 0.25 percent from July to August, according to an index of new mortgage contracts. According to the Federal Housing Finance Agency (FHFA), the National Average...
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FHFA House Price Index Up 1.0 Percent in July
Washington, D.C. – U.S. house price appreciation continued in July 2013, rising 1.0 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) monthly House Price Index (HPI). The July HPI change marks the eighteenth consecutive monthly...
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FHFA Launches National Education Campaign
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today launched a nationwide campaign to inform homeowners about the Home Affordable Refinance Program (HARP). The campaign is designed to encourage homeowners who have been making their mortgage payments, but who owe more than their home...
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FHFA Launches Quarterly Report on Fannie Mae, Freddie Mac and Federal Home Loan Banks Financial Performance
Washington, D.C. – The Federal Housing Finance Agency (FHFA) is expanding the agency’s regular reporting on Fannie Mae, Freddie Mac and the Federal Home Loan Banks (FHLBanks). The new FHFA Quarterly Performance Report of the Housing GSEs provides a summary of data available in Fannie Mae, Freddie...
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FHFA Announces 2014 Release Dates for House Price Index
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the FHFA House Price Index (HPI) will be released at 9 a.m. ET on the following dates in 2014: Thursday, January 23 Monthly Index Tuesday, February 25 Quarterly and Monthly Index Tuesday, March 25 Monthly Index...
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Refinance Volume Down Slightly in Second Quarter
Washington, D.C. – The total volume of home refinances decreased slightly in the second quarter of 2013 and refinances through the Home Affordable Refinance Program (HARP) also declined somewhat, according to the Federal Housing Finance Agency's Second Quarter 2013 Refinance Report. Total refinance...
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FHFA Index Shows Mortgage Interest Rates Rose Sharply in July 2013
Washington, D.C. – National data show interest rates on mortgages continued their upward trend. Contract mortgage interest rates increased 0.45 percent from June to July, according to an index of new mortgage contracts. According to the Federal Housing Finance Agency (FHFA), the National Average...