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Home | Tag Archives: Fannie Mae

Tag Archives: Fannie Mae

FHFA House Price Index Rises Slightly In February

FHFA House Price Index Rises Slightly In February

The Federal Housing Finance Agency (FHFA) released its monthly House Price Index (HPI) for February, revealing continued growth even as winter weather slowed the market. The broad measure of the movement of single-family home prices in this purchase-only index went up by .6 percent, and with the exception of November 2013, marked nearly two straight years of increases.

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Despite Slowdown, Fannie Mae Expects Economic Growth

Despite Slowdown, Fannie Mae Expects Economic Growth

A weaker-than-expected first quarter has researchers at Fannie Mae amending their forecast for growth in 2014, but they still project acceleration as the year progresses. In its Economic and Housing Outlook for April, Fannie Mae's Economic and Strategic Research Group notes economic activity slowed in Q1 even more than was forecast, partly due to a sharp decline in inventory investment as consumer spending waned.

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NFHA Files Another Complaint Alleging Housing Discrimination

NFHA Files Another Complaint Alleging Housing Discrimination

In a long line of lawsuits and complaints against corporations alleging discrimination, the National Fair Housing Alliance (NFHA) announced a complaint against Safeguard Properties, the largest mortgage field services company in the country. The organization alleges REO properties were not as well maintained and marketed in African-American, Latino, and other non-white communities compared to properties in white neighborhoods.

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Consumers Offer Mixed Opinions on Housing Market’s Future

Consumers Offer Mixed Opinions on Housing Market’s Future

Fannie Mae released Monday its most recent National Housing Survey, revealing a slight softening in the housing recovery as monthly indicators remain volatile. According to results from the March survey, fewer than half of consumers polled expect home prices to continue rising over the next 12 months, continuing a trend of uncertainty that started as price gains began to slow noticeably last fall.

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Fannie Mae Increases Fines for Late or Inaccurate Reporting

Fannie Mae Increases Fines for Late or Inaccurate Reporting

Fannie Mae announced it has revised its maximum fee assessment for servicers that submit late or inaccurate loan reporting. Fannie Mae fines servicers in order to recoup the losses and damages that result from servicing breaches, "including reimbursement for Fannie Mae's internal administrative costs in tracking, reporting, and correcting these errors."

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