Prohibits servicers from foreclosing on mortgages backed by Fannie Mae or Freddie Mac
Tagged: Federal Housing Finance Agency (FHFA)
FHFA numbers come in slightly lower than S&P CoreLogic Case-Shiller index.
Freddie Mac and Fannie Mae delinquencies compare favorably to industry average.
Public input being accepted during 30-day period that ends March 11.
Latest House Price Index shows 4-month average monthly gains of just 1 percentage point, down from previous quarters.
Currently acting director, Thompson was formally nominated to the post by President Biden on Tuesday.
Baseline limit for Fannie, Freddie increases to $647,200, but for 'high-cost areas' loan ceiling set at $970,800 for single-family homes.
Fannie, Freddie have sold 130,808 loans totaling $24.5 billion through June 2021
The proposed rule for the Enterprise Regulatory Capital Framework seeks to put Enterprises on a "level playing field" with U.S. banking requirements.
The Federal Housing Finance Agency (FHFA) said Monday it will take two steps to help make home ownership more affordable and sustainable for mortgage borrowers, especially for those in underserved communities.