Tag Archives: FHFA

Home prices are up yet again, both over the month and over the year. The latest House Price Index shows a more than 6 percent uptick over 2016's prices and nearly a full percent jump since January of this year. The most annual growth was seen in the Mountain region.

According to a Progress Report released by the Federal Housing Finance Agency on Wednesday, Fannie Mae and Freddie Mac have made significant movement on goals set forth by FHFA in the 2016 Scorecard. The report notes credit risk transfer programs that reduce taxpayer risk and improved access to credit as just a few of the developments in the last year.

Monthly index leveled off nationally in January but grew over the year. No regions in decline for the first time since October. Mountain and Pacific values were January’s strongest.

With rising interest rates, the average loan amount decreased between December and January.

Home prices are up more than 6 percent year-over-year, with many states seeing double-digit growth.

Home prices have been steadily rising since bottoming out in early 2012, posting 50-plus consecutive months of appreciation, according to multiple industry reports.

Nearly a quarter of a billion borrowers nationwide are eligible and have an incentive to refinance through the FHFA's Home Affordable Refinance Program, which is scheduled to expire later this year. And more than half of them are located in 10 states.

The FHFA's Home Affordable Refinance Program is expiring in September 2017, and there are still many borrowers with GSE-backed loans who are eligible and who would benefit economically from the program.

From working in the private sector to serving in top government positions, FHFA’s Sandra Thompson offers her take on the progress of women and minorities in the industry. This select print feature originally appeared in the December 2016 issue of MReport magazine.

The Federal Housing Finance Agency has published a final rule amending the regulations that address requirements for submission of new business activities by the Federal Home Loan Banks.