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FHFA Announces New Release Time for House Price Index in 2013
Washington, D.C. – Beginning Wednesday, Jan. 23, 2013, the Federal Housing Finance Agency will release its monthly and quarterly House Price Index (HPI) at 9 a.m. EST. Release dates for the 2013 quarterly and monthly HPI are: Date Release Type Latest Included Data January 23, 2013 Monthly...
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Agencies Issue Final Rule on Appraisals for Higher-Priced Mortgage Loans
Joint Release Board of Governors of the Federal Reserve System Consumer Financial Protection Bureau Federal Deposit Insurance Corporation Federal Housing Finance Agency National Credit Union Administration Office of the Comptroller of the Currency Washington, D.C. – Six federal financial...
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FHFA Announces Deputy Directors of Housing Mission and Goals and Division of Supervision Policy and Support
Washington, D.C. – Federal Housing Finance Agency Acting Director Edward J. DeMarco today announced the appointment of Sandra Thompson as Deputy Director of the Division of Housing Mission and Goals. Thompson will oversee FHFA’s housing and regulatory policy, financial analysis, and policy research...
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Fannie Mae and Freddie Mac Help More Than 2.5 Million with Foreclosure Prevention Actions
Washington, D.C. – Fannie Mae and Freddie Mac completed more than 134,000 foreclosure prevention actions in the third quarter of 2012, bringing the total foreclosure prevention actions to more than 2.5 million since the start of conservatorship in 2008 with nearly 1.3 million of those actions being...
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FHFA Reports Mortgage Interest Rates, November 2012
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some adjustable-rate mortgage (ARM) contracts, was 3.36 percent based on loans closed in...
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FHFA House Price Index Up 0.5 Percent in October, 2012
PageContent Washington, D.C. – U.S. house prices rose 0.5 percent on a seasonally adjusted basis from September to October, according to the Federal Housing Finance Agency’s monthly House Price Index (HPI). The previously reported 0.2 percent increase in September was revised downward to a 0.0...
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FHFA House Price Index Up 0.5 Percent in October 2012
Washington, D.C. – U.S. house prices rose 0.5 percent on a seasonally adjusted basis from September to October, according to the Federal Housing Finance Agency’s monthly House Price Index (HPI). The previously reported 0.2 percent increase in September was revised downward to a 0.0 percent change...
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Record Low Mortgage Rates Contribute to Strong HARP Volume
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its October 2012 Refinance Report, which shows that Fannie Mae and Freddie Mac have refinanced more than 1.8 million loans through the Home Affordable Refinance Program (HARP) since the program began in 2009. In October...
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Deputy Director Stephen Cross to Retire from FHFA
Washington, D.C. – Federal Housing Finance Agency Acting Director Edward J. DeMarco today announced that Stephen Cross, FHFA’s Deputy Director of the Division of Federal Home Loan Bank Regulation, will retire from the Agency in March, 2013. An important part of FHFA’s leadership team since the...
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FHFA Reports Mortgage Interest Rates, October 2012
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some adjustable-rate mortgage (ARM) contracts, was 3.44 percent based on loans closed in...