FHFA: Final 2020 Housing Goals Performance Determinations Announced
Today, the Federal Housing Finance Agency (FHFA) announced the final determinations for Enterprise performance on the 2020 housing goals. During 2020, Fannie Mae met all of the single-family and multifamily housing goals. Freddie Mac met the single-family purchase goals for low-income families, very low-income families, and low-income areas, and all of the multifamily goals, but…
FHFA: Capital Planning Rule for Fannie Mae and Freddie Mac Proposed
Requirements in proposed rule represent another incremental step FHFA is taking to ensure safety and soundness at the Enterprises The Federal Housing Finance Agency (FHFA) today issued a proposed rule that would require Fannie Mae and Freddie Mac (the Enterprises) to develop, maintain, and submit annual capital plans to FHFA. This requirement helps protect taxpayers…
FHFA: U.S. House Prices Rise 18.5 Percent Over the Last Year; Up 4.2 Percent from the Second Quarter 2021
U.S. house prices rose 18.5 percent from the third quarter of 2020 to the third quarter of 2021 according to the Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices were up 4.2 percent compared to the second quarter of 2021. FHFA’s seasonally adjusted monthly index for September was up 0.9 percent from August. “House price appreciation reached its…
FHFA: Conforming Loan Limits for 2022 Announced
Baseline Conforming Loan Limit Will Increase to $647,200 The Federal Housing Finance Agency (FHFA) today announced the conforming loan limits (CLLs) for mortgages to be acquired by Fannie Mae and Freddie Mac (the Enterprises) in 2022. In most of the U.S., the 2022 CLL for one-unit properties will be $647,200, an increase of $98,950 from…
FHFA: Deemed-Issuance Ratio for 2022 Regarding Uniform Mortgage-Backed Securities Announced
The Federal Housing Finance Agency (FHFA) today announced the deemed-issuance ratio for the 2022 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 reporting on the bonds ultimately delivered to the purchaser until the bonds have been disposed of, regardless…
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, 2021. Borrower outcomes reflect NPLs reported through June 30, 2021 and sold through December 31,…
FHFA: 2022 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions Released
Today, the Federal Housing Finance Agency (FHFA) released the 2022 Scorecard for Fannie Mae, Freddie Mac (the Enterprises), and Common Securitization Solutions, LLC (CSS). The purpose of the 2022 Scorecard is to hold the Enterprises and CSS accountable for fulfilling their core mission requirements by promoting sustainable and equitable access to affordable housing and operating…
FHFA: FY 2021 Performance and Accountability Report Released
The Federal Housing Finance Agency (FHFA) today released its annual Performance and Accountability Report, which details FHFA’s activities as regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac during fiscal year 2021. For the thirteenth consecutive year, FHFA received an unmodified audit opinion on its…
FHFA: Notice of Proposed Rulemaking Issued Introducing Additional Public Disclosure Requirements for the Enterprise Regulatory Capital Framework
Today, the Federal Housing Finance Agency (FHFA) announced that it is seeking comment on a notice of proposed rulemaking that would introduce additional public disclosure requirements for the Enterprise Regulatory Capital Framework (ERCF) for Fannie Mae and Freddie Mac (the Enterprises). The proposed rule would implement quarterly quantitative and qualitative disclosure requirements for the Enterprises…
FHFA: House Price Index Up 1.0 Percent in August 2021; Up 18.5 Percent from Last Year
House prices rose nationwide in August, up 1.0 percent from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices rose 18.5 percent from August 2020 to August 2021. The previously reported 1.4 percent price change for July 2021 remained unchanged. For the nine census divisions, seasonally adjusted monthly house price changes from…