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Federal Housing Finance Agency (FHFA)

HARP Refis Eclipse the 3.2 Million Mark Nationwide


The Federal Housing Finance Agency (FHFA) has reported that the total volume of mortgage refinances increased slightly in the third quarter. According to FHFA’s Refinance Report, total refinance volume for the third quarter exceededClick to continue

FHFA Alters GSE Policy on REO Sales


The Federal Housing Finance Agency (FHFA) has directed the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, to alter one of their policies relating to the sale of real estate-owned (REO) properties in their current inventory. The change will perClick to continue

FHFA Announces 2015 Conforming Loan Limits


The Federal Housing Finance Agency (FHFA) has announced that the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2015 will remain at $417,000 for one-unit properties in most of the country.&nbsClick to continue

FHFA: G-Fees Increase an Average of 51 BP in 2013


The Federal Housing Finance Agency (FHFA) has released its sixth annual report on the single-family guarantee fees (g-fees) charged by Fannie Mae and Freddie Mac.Click to continue

Elizabeth Warren Takes Jabs at Obama, the Fed and the FHFA


Sen. Elizabeth Warren (D-MA) has taken new aim at the Obama Administration, Federal Reserve and the Federal Housing Finance Agency (FHFA) with the public charges that they are not doing enough to help the public struggling in the still-weak economy.Click to continue

Existing-Home Sales Expected to Rise in 2015

For Sale/Credit: Stockbyte

Existing-home sales are expected to be higher in 2015 and prices will remain at a healthier level of growth that benefits both buyers and sellers, according to an economic forecast at a residential forum during the 2014 Realtors Conference & Expo. Lawrence Yun, chief economist of the National Association of Realtors (NAR), was joined by Mel Watt, Director of the Federal Housing Finance Agency (FHFA), who discussed issues preventing consumers from becoming homeowners, and Julian Castro, Secretary of the Click to continue

Survey Finds Industry Rejects Watt's Call on Lower Credit Scores


Mortgage and housing industry professionals have a response for Federal Housing Finance Agency (FHFA) Chairman Mel Watt’s call to lower credit scores for potential borrowers: “It ain’t gonna happen, Mel!”Click to continue

FHFA: Interest Rates Slip in September


The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders index was 4.06 percent for loans closed in late September, down two basis points from 4.08 percent in August. The average interest rate on all mortgage loans was 4.07 percent, down 2 basis points from 4.09 in August.Click to continue