Tag Archives: FHFA

The debate around Property Assessed Clean Energy (PACE) programs is heating up with the Federal Housing Administration (FHA) announcement permitting FHA-insured mortgages on some PACE-assessed properties.

The number of mortgage loans backed by Fannie Mae and Freddie Mac that refinanced reversed course in July, declining after three months of gains as mortgage rates hover slightly above record lows.

The FHFA's conservatorship of Fannie Mae and Freddie Mac, which were intended to be temporary, reached their eight-year anniversary on Tuesday, September 6.

The FHFA announced on Thursday that it will extend its Home Affordable Refinance Program (HARP) another nine months, and the agency will also be offering a new streamlined refinancing option for high LTV borrowers.

Under severely adverse economic conditions applied by the Dodd-Frank Stress Tests, Fannie Mae and Freddie Mac are projected to need another taxpayer-funded bailout.

The FHFA's annual report on the progress of the GSEs' guarantee fees found that the fees are more stable due to lower credit risk on new acquisitions.

Home prices have appreciated at a rapid pace for much of the last four years, but that pace slipped slightly in May. Are the forecasts of the deceleration of home price appreciation coming true?

Data shows that borrowers who refinance through HARP are much less likely to be delinquent than HARP-eligible borrowers who do not utilize the program.

Housing starts were flat in May after showing signs of resuscitation in April. What will the housing starts report look like for June? The industry will find out on Tuesday, July 19.

According to the FHFA, the GSEs intend to begin implementing the Common Securitization Platform software later this year.