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Tag Archives: Federal Housing Finance Agency

FHFA Expands Push for Diversity on Federal Boards

The FHFA now requires that Federal Home Loan Banks and their Office of Finance include demographic data related to their boards of directors in their annual minority and women inclusion reports to the agency. The banks also must now include descriptions of their outreach activities and strategies designed to promote diversity in nominating or soliciting nominees for positions on boards of directors.

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FHFA: Home Prices Nearing Pinnacle Reached in 2007

U.S. house prices overall rose 0.7 percent on a seasonally adjusted basis from January to February, according to the agency’s monthly House Price Index report. Prices were up 5.4 percent nationwide compared to this time last year. The HPI is calculated by using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac.

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HARP Volume Down; FHFA Targeting More Potential Customers

refinance

The Federal Housing Finance Agency is still refinancing plenty of loans through Home Affordable Refinance Program ‒‒ in fact more HARP refinances were done in December than in any other month of 2014 ‒‒ but HARP refinances are significantly down from a year ago, even if FHFA believes it has many more potential customers out there.

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