FHFA: House Price Index Down 0.1 Percent in January 2024; Up 6.3 Percent from Last Year
U.S. house prices fell in January, down 0.1 percent from December, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI®). House prices rose 6.3 percent from January 2023 to January 2024. The previously reported 0.1 percent price increase in December remained unchanged. For the nine census divisions, seasonally adjusted monthly price changes from…
CFPB: 2023 HMDA Loan-Level Data on Mortgage Lending Now Available
The Home Mortgage Disclosure Act (HMDA) Modified Loan Application Register (LAR) data for 2023 are now available on the Federal Financial Institutions Examination Council’s (FFIEC) HMDA Platform for approximately 5,089 HMDA filers. The published data contain loan-level information filed by financial institutions and modified to protect consumer privacy. To increase public accessibility, the annual loan-level…
HUD and Census Bureau: New Residential Sales Report Released for February 2024
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for February 2024: New Home SalesSales of new single‐family houses in February 2024 were at a seasonally adjusted annual rate of 662,000, according to estimates released jointly today by the U.S. Census Bureau…
FHFA: Fourth Quarter 2023 Foreclosure Prevention and Refinance Report Released
More than 6.9 million troubled homeowners assisted during conservatorships The Federal Housing Finance Agency (FHFA) today released its fourth quarter 2023 Foreclosure Prevention and Refinance Report. The report shows that Fannie Mae and Freddie Mac (the Enterprises) completed 43,903 foreclosure prevention actions during the quarter, raising the total number of homeowners who have been helped…
FHFA: Q4 2023 Uniform Appraisal Dataset Aggregate Statistics with New Variables Released
The Federal Housing Finance Agency (FHFA) today published its 2023 fourth-quarter data for the Uniform Appraisal Dataset (UAD) Aggregate Statistics. The Data File and Dashboards also include new property characteristics and a new statistic. “As FHFA works to deter appraisal bias, responsibly modernize the appraisal process, and address valuation challenges in rural areas, today’s dataset…
Census Bureau: Household Pulse Survey Phase 4.0 Monthly Data Released
The U.S. Census Bureau today released new data from phase 4.0 of the experimental Household Pulse Survey (HPS). The HPS is an effort by the Census Bureau and other federal statistical agencies to measure how emergent issues are impacting U.S. households from a social and economic perspective. Topics for phase 4.0 include employment status, spending, food security, housing,…
HUD: First-of-its-Kind Report to Congress on the Housing Needs of Survivors of Human Trafficking Released
Department provides assessment of housing needs for trafficking survivors experiencing homelessness or housing instability Today, the U.S. Department of Housing and Urban Development (HUD) released a report that assesses the availability and accessibility of housing and services for individuals experiencing homelessness or housing instability who are survivors of trafficking or at risk of being trafficked….
ABA: Report Finds Farm Bank Lending Increased to $110 Billion in 2023
Banks reported holding over 1.1 million small farm loans worth $70 billion Amid elevated production costs, commodity price volatility and a return to pre-pandemic levels of direct government payments, agricultural loan demand increased in 2023 and agricultural lending by U.S. farm banks grew 6.7% to $110.0 billion, according the American Bankers Association’s annual Farm Bank…
ABA: Consumer Survey Data Unveiled on Debit Cards, Overdraft and Other Banking Issues
In the wake of the Federal Reserve’s recent proposal to further lower the price cap on the debit interchange merchants pay to process debit card transactions, a new survey conducted by Morning Consult on behalf of the American Bankers Association finds that consumers are happy with their debit cards and think the government should leave…
OCC: Mortgage Performance Reported for Fourth Quarter 2023
The Office of the Comptroller of the Currency (OCC) reported on the performance of first-lien mortgages in the federal banking system during the fourth quarter of 2023. The OCC Mortgage Metrics Report, Fourth Quarter 2023 showed that 97.2 percent of mortgages included in the report were current and performing at the end of the quarter, an increase…