Tag Archives: Federal Housing Finance Agency (FHFA)

The FHFA reports that since the start of Fannie Mae and Freddie Mac conservatorship in September 2008, the GSEs have recorded 6.7 million-plus foreclosure prevention actions to date nationwide.

The Agency issues a proposed rule to strengthen its ability to ensure that regulated entities are safe and sound, and remain a reliable source of liquidity.

Overall mortgage performance was on the upswing in the first quarter of 2023, as the OCC reported banks serviced approximately 12 million first-lien residential mortgage loans with $2.7 trillion in unpaid principal balances—representing 22% of all residential mortgage debt outstanding nationwide.

In addition, a new report notes that Fannie Mae and Freddie Mac completed 58,268 foreclosure prevention actions in Q1 2023. Click through to read the other data from the GSEs’ Q1 2023 Foreclosure Prevention and Refinance Report.

Click through to learn more about what the change means in context, and how it relates to the current debt-ceiling discussions.

According to Freddie Mac’s latest report, stubborn inflation is a major concern for the housing market and the economy as a whole. Click through to find out what else Freddie Mac found during Q1.

A House Financial Services Committee hearing featured industry experts dissecting the FHFA’s recent changes to the loan-level price adjustment fee structure used by the GSEs.

FHFA Director Sandra L. Thompson will testify before the House Financial Services Committee to discuss the latest measures taken by the Agency to execute its mission of maintaining the safety and soundness of the GSEs, and ensuring access to affordable and sustainable housing.

Agency soliciting public comments on how its pricing framework protects Fannie Mae, Freddie Mac, and taxpayers against potential future losses, while supporting affordable, sustainable housing and first-time homebuyers.

By revoking the upfront fees based on borrowers’ DTI ratios for loans acquired by Fannie Mae and Freddie Mac, the FHFA continues its engagement to improve clarity and transparency regarding the GSEs’ pricing framework.