News Releases

Washington, D.C. – The Federal Housing Finance Agency (FHFA) has sent a Notice of Proposed Rulemaking to the Federal Register that would establish within FHFA an Office of the Ombudsman. The proposed rule also sets forth the authorities and duties of the Ombudsman. The Office of the Ombudsman would...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) today sent a Notice of Proposed Rulemaking to the Federal Register on Rules of Practice and Procedure. The proposed rule would consolidate in FHFA the civil enforcement authorities of the Office of Federal Housing Enterprise Oversight...

​Washington, D.C. – The Federal Housing Finance Agency 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 ARM contracts, was 4.91 percent based on loans closed in June. This is a decrease of 0.08...

Washington, D.C. – U.S. house prices rose 0.5 percent on a seasonally adjusted basis from April to May, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.8 percent increase in April was revised upward to 0.9 percent. For the 12 months ending in...

Washington, D.C. – FHFA, as Conservator of Fannie Mae and Freddie Mac (the Enterprises), has issued 64 subpoenas to various entities, seeking documents related to private-label mortgage-backed securities (PLS) in which the two Enterprises invested. The documents will enable the FHFA to determine...

PageContent Washington, D.C. – The Federal Housing Finance Agency (FHFA) has found that the average total "g-fee" charged by Fannie Mae and Freddie Mac on single-family mortgages fell in 2009 relative to 2008, from 25 basis points to 22 basis points. The second annual report on Enterprise guarantee...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) has sent to the Federal Register a proposed rule to codify the terms of conservatorship and receivership operations for Fannie Mae, Freddie Mac and the Federal Home Loan Banks, pursuant to the Housing and Economic Recovery Act of 2008...

Washington, D.C. – The Federal Housing Finance Agency today reported that the average interest rate on conventional 30-year, fixed-rate, mortgage loans of $417,000 or less remained unchanged at 5.12 percent in May. The average interest rate on 15-year, fixed-rate loans of $417,000 increased 6 basis...

Washington, D.C. – U.S. house prices rose 0.8 percent on a seasonally adjusted basis from March to April, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.3 percent increase in March was revised to a 0.1 percent increase. For the 12 months ending...

Washington, D.C. – Loan modifications and refinancings by Fannie Mae and Freddie Mac increased significantly in the first quarter as the volume of permanent modifications under the Administration’s Home Affordable Modification Program (HAMP) tripled, and refinancings steadily grew under the Home...