FHFA: FY 2023 Performance and Accountability Report Released
The Federal Housing Finance Agency (FHFA) today released its annual Performance and Accountability Report, which details FHFA’s activities as regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac during fiscal year 2023. For the fifteenth consecutive year, FHFA received an unmodified audit opinion on its…
FHFA: 2024 Multifamily Loan Purchase Caps Announced for Fannie Mae and Freddie Mac
The Federal Housing Finance Agency (FHFA) announced today that the 2024 multifamily loan purchase caps for Fannie Mae and Freddie Mac (the Enterprises) will be $70 billion for each Enterprise, for a combined total of $140 billion to support the multifamily market. To ensure a strong focus on affordable housing and underserved markets, FHFA will…
FHFA: Annual Report Released on 2022 Federal Home Loan Bank Targeted Mission Activities
Today, the Federal Housing Finance Agency (FHFA) released its Report on 2022 Federal Home Loan Bank Targeted Mission Activities. The report highlights the Federal Home Loan Banks’ (FHLBanks) activities and performance in 2022 under the Affordable Housing Program (AHP), the Community Investment Program (CIP), and the Community Investment Cash Advance Program (CICA). The report also covers…
FHFA: Report on FHLBank System at 100 Released
The Federal Housing Finance Agency (FHFA) today released its report on the FHLBank System at 100: Focusing on the Future initiative, the Agency’s comprehensive review of the Federal Home Loan Bank (FHLBank) System in anticipation of the System’s centennial in 2032. “The Federal Home Loan Bank System is a critical component of the nation’s broader housing finance…
FHFA: House Price Index Up 0.6 Percent in August 2023; Up 5.6 Percent from Last Year
U.S. house prices rose in August, up 0.6 percent from July, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 5.6 percent from August 2022 to August 2023. The previously reported 0.8 percent price increase in July remained unchanged. For the nine census divisions, seasonally adjusted monthly price changes from…
FHFA: New Uniform Appraisal Dataset Appraisal-Level Public Use File Published
The Federal Housing Finance Agency (FHFA) today published its new Uniform Appraisal Dataset (UAD) Appraisal-Level Public Use File (PUF). “As accurate home valuations are vital to the mortgage market, publishing transparent data on appraisals while protecting borrowers’ personally identifiable information provides useful information to the public in a responsible manner,” said FHFA Director Sandra L. Thompson. “Today’s announcement…
FHFA: Expanded Eligibility Announced for “Rep and Warrant” Relief Following COVID-19 Forbearance
Today, the Federal Housing Finance Agency (FHFA) announced that it will revise the treatment of active single-family mortgages backed by Fannie Mae and Freddie Mac (the Enterprises) for which borrowers elected a COVID-19 forbearance under the Enterprises’ representations and warranties (rep and warrant) framework. Under the updated rep and warrant policies, loans for which borrowers…
FHFA: Property Insurance Symposium Scheduled for November 14th and 15th
In an effort to foster dialogue on the growing challenges related to the availability and affordability of property insurance, the Federal Housing Finance Agency (FHFA) today announced it would host the first in a series of property insurance symposiums on November 14 and 15, 2023. “We are looking forward to engaging with industry leaders and…
FHFA: Report Announced on the Sale of Non-Performing Loans by the Enterprises
The Federal Housing Finance Agency (FHFA) today released the latest report on the sale of non-performing loans (NPLs) by Fannie Mae and Freddie Mac (the Enterprises). The Enterprise Non-Performing Loan Sales Report includes sales information about NPLs sold through December 31, 2022. Borrower outcomes reflect NPLs sold through June 30, 2022. The sale of NPLs…
FHFA: House Price Index Up 0.8 Percent in July 2023; Up 4.6 Percent from Last Year
U.S. house prices rose in July, up 0.8 percent from June, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 4.6 percent from July 2022 to July 2023. The previously reported 0.3 percent price increase in June was revised upward to a 0.4 percent increase. For the nine census divisions,…