Federal Housing Finance Agency (FHFA)

Agency said that, compared to the first quarter of 2022, house prices were up just 4%.

The committee will focus on FHFA’s regulated entities like Fannie Mae, Freddie Mac & Federal Home Loan Banks.

So far, the enterprises combined have built $83.5 billion in reserves, or about 27% of the target.

Agency also issues request for information on the role of technology in housing finance.

10 Republican members send letter to FHFA Director Sandra Thompson expressing concern about GSEs going beyond their approved roles.

The FHFA price index rose 1.6% in April, parallel with S&P’s reported 2.08% gain.