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.
Read More »National Home Price Index Falls Flat
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.
Read More »Mortage Rates Continue to Rise
With rising interest rates, the average loan amount decreased between December and January.
Read More »Rising Rates Can’t Keep Values Down
Home prices are up more than 6 percent year-over-year, with many states seeing double-digit growth.
Read More »By Any Measure, Home Prices are Way Up
Home prices have been steadily rising since bottoming out in early 2012, posting 50-plus consecutive months of appreciation, according to multiple industry reports.
Read More »HARP-Incentivized Borrowers are Concentrated
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.
Read More »Thousands of HARP-Eligible Borrowers are ‘in the Money’
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.
Read More »A Broader Perspective on Diversity and Inclusion
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.
Read More »FHFA Narrows Definition of New Business Activities
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.
Read More »HARP Draws Fewer Borrowers as Time Goes On
The Home Affordable Refinance Program is heading into its final year, but borrowers don't appear to be rushing to take advantage of it.
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