According to the 2019 Survey of Consumer Finances conducted by the Federal Reserve, on average white families held just under a million dollars in accumulated wealth, while Black and Latino families had about $150,000 in wealth.
Read More »FHFA Approves New Credit Scoring Models for GSEs
“Today's decision will benefit borrowers and the Enterprises, along with maintaining safety and soundness," said Sandra L. Thompson, Director of the FHFA.
Read More »FHFA Announces Targeted Changes to GSE Pricing Framework
The FHFA has taken further action to ensure that all borrowers and renters have equitable access to long-term affordable housing opportunities by implementing targeted increases to the upfront fees for most cash-out refinance loans.
Read More »The Future of Fannie Mae and Freddie Mac
A new opinion piece from Don Layton, the former Freddie Mac boss, explores how the GSEs came to be under government control, and what the future should hold for the two companies.
Read More »Examining the GSEs’ Approach to Equitable Housing Finance Plans
The Urban Institute takes a closer look at efforts by the GSEs to promote sustainable homeownership and rental opportunities for traditionally underserved communities through the FHFA-mandated Equitable Housing Finance Plans.
Read More »FHFA Proposes Rule to Assist U.S. Border States
New amendments seek to remove barriers to the FHFA’s Enterprise Duty to Serve activities in high-needs rural regions of the nation’s southern border states.
Read More »FHFA Inspector General Publishes List of Challenges for 2023
The Office of the Inspector General of the Federal Housing Finance Agency has published a 10-page memo, as required by law, identifying seven major challenges the Agency will address next year, alongside its subsidiaries such as Fannie Mae, Freddie Mac, and the FHL Banks.
Read More »Snapshot: How GSE Programs Have Helped Homeowners Since 2008
The FHFA’s latest 2022 Foreclosure Prevention and Refinance Report breaks down Agency data ranging from foreclosures and REOs to forbearance and mortgage performance.
Read More »Five Star Presents Annual Women in Housing Leadership Awards
The 11th Annual Women in Housing Leadership Awards event capped off the 2022 Five Star Conference and Expo, recognizing the achievements of businesswomen impacting the housing and mortgage servicing industry.
Read More »FHFA Director Thompson Announces Agency Review
Federal Housing Finance Agency (FHFA) Director Sandra L. Thompson has declared that a top-down review of the agency will begin later this year in order to make sure the Federal Home Loan Banks are positioned to meet the needs of ...
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