FHFA: House Price Index Down 0.1 Percent in November 2022; Up 8.2 Percent from Last Year

House prices fell 0.1 percent nationwide in November compared to October, according to the latest Federal Housing Finance Agency (FHFA) House Price Index (HPI®). House prices rose 8.2 percent from November 2021 to November 2022. The previously reported 0.0 percent price decline in October 2022 remained unchanged. For the nine census divisions, seasonally adjusted […]

FHFA: Updates to the Enterprises’ Single-Family Pricing Framework Announced

The Federal Housing Finance Agency (FHFA) today announced further changes to Fannie Mae’s and Freddie Mac’s (the Enterprises) single-family pricing framework by introducing redesigned and recalibrated upfront fee matrices for purchase, rate-term refinance, and cash-out refinance loans.  “These changes to upfront fees will strengthen the safety and soundness of the […]

FHFA: Enhancements Announced to Fannie Mae and Freddie Mac’s Radon Standards for Multifamily Properties

The Federal Housing Finance Agency (FHFA) today announced enhancements to Fannie Mae and Freddie Mac’s (the Enterprises) multifamily radon standards. The Enterprises’ aligned radon standards will require additional radon testing for multifamily properties with loan applications received after June 30, 2023. “The Enterprises’ adoption of enhanced radon testing requirements during National […]

FHFA: 2023 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions Released

Today, the Federal Housing Finance Agency (FHFA) released the 2023 Scorecard for Fannie Mae and Freddie Mac (together, the Enterprises) and their joint venture, Common Securitization Solutions, LLC (CSS). Each year, FHFA releases an annual Scorecard to communicate and provide public awareness of its priorities and expectations for the Enterprises […]

FHFA: House Price Index Unchanged in October; Up 9.8 Percent from Last Year

House prices were flat nationwide in October, experiencing a 0.0 percent change from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI®).  House prices rose 9.8 percent from October 2021 to October 2022.  The previously reported 0.1 percent price increase in September 2022 remained unchanged. For the […]

FHFA: Latest Report on Non-Performing Loan Sales Released

The Federal Housing Finance Agency (FHFA) today released the latest report on the sale of non-performing loans (NPLs) by Fannie Mae and Freddie Mac (the Enterprises). The Enterprise Non-Performing Loan Sales Report includes sales information about NPLs sold through June 30, 2022. Borrower outcomes reflect NPLs sold through December 31, […]

FHFA: Third Quarter 2022 Foreclosure Prevention and Refinance Report Released

More than 6.6 million troubled homeowners helped since conservatorships The Federal Housing Finance Agency (FHFA) today released its third quarter 2022 Foreclosure Prevention and Refinance Report​. The report shows that Fannie Mae and Freddie Mac (the Enterprises) completed 69,362 foreclosure prevention actions during the quarter, raising the total number of homeowners […]

FHFA and CFPB: Updated Data from the National Survey of Mortgage Originations Released for Public Use

Data Highlights Borrowers’ Experiences Obtaining a Mortgage During the Pandemic The Federal Housing Finance Agency (FHFA) and the Consumer Financial Protection Bureau (CFPB) today published updated loan-level data for public use collected through the National Survey of Mortgage Originations (NSMO). The data also provide updated mortgage performance and credit information […]

FHFA: Deemed-Issuance Ratio for 2023 for Uniform Mortgage-Backed Securities Announced

Ratio changes to 53 Percent Fannie Mae and 47 Percent Freddie Mac The Federal Housing Finance Agency (FHFA) today announced the deemed-issuance ratio for the 2023 calendar year in accordance with Internal Revenue Service (IRS) guidelines on the trading of the Uniform Mortgage-Backed Security (UMBS). The deemed-issuance-ratio will be used for diversification […]