Tag: FHFA

FHFA Issues Housing Goals for Fannie Mae and Freddie Mac

Filed in Housing Finance by on July 21, 2020 0 Comments
FHFA Issues Housing Goals for Fannie Mae and Freddie Mac

The Federal Housing Finance Agency (FHFA) has proposed its 2021 housing goals for Fannie Mae and Freddie Mac. Due to the economic uncertainty related to the COVID-19 national pandemic, FHFA is proposing benchmarks for calendar year 2021 only, and those levels will remain the same as they were for 2018-2020. Once finalized, the proposed benchmark levels would extend those benchmarks that are currently set to expire on Dec. 31, 2020.

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FHFA and FHA Extend Foreclosure and Eviction Moratoriums Through August

Filed in Disaster Response, Economics, Housing Finance by on June 17, 2020 7 Comments
FHFA and FHA Extend Foreclosure and Eviction Moratoriums Through August

The Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac will extend their moratorium on single-family foreclosures and evictions until at least Aug. 31, 2020.  The foreclosure and eviction moratorium applies to Fannie Mae and Freddie Mac-backed single-family mortgages only. The Federal Housing Administration is also extending its foreclosure and eviction moratorium through the end of August for home owners with FHA-insured single-family mortgages.

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FHFA Releases New Capital Rule for Fannie Mae, Freddie Mac

Filed in Codes and Standards, Housing Finance by on May 22, 2020 0 Comments
FHFA Releases New Capital Rule for Fannie Mae, Freddie Mac

The Federal Housing Finance Agency (FHFA) today re-proposed a 2018 plan to establish a new regulatory capital framework for Fannie Mae and Freddie Mac. The proposed rule is a critical step toward FHFA’s goal to release the two government-sponsored enterprises from conservatorship.

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FHFA Issues Guidance on Home Purchases, Refinancing While in Forbearance

FHFA Issues Guidance on Home Purchases, Refinancing While in Forbearance

The Federal Housing Finance Agency has issued temporary guidance for borrowers looking to buy a home or refinance who are in forbearance or recently ended their forbearance.

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Fannie, Freddie to Allow Desktop Appraisals on New Construction Loans

Filed in Disaster Response, Housing Finance by on March 31, 2020 0 Comments
Fannie, Freddie to Allow Desktop Appraisals on New Construction Loans

The Federal Housing Finance Agency announced several loan processing flexibilities for Fannie Mae and Freddie Mac, including allowing desktop appraisals on new construction loans.

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Multifamily Owners, Renters to Receive FHFA Support

Multifamily Owners, Renters to Receive FHFA Support

The Federal Housing Finance Agency announced today that Fannie Mae and Freddie Mac will offer multifamily property owners mortgage forbearance with the condition that they suspend all evictions for renters unable to pay rent due to the impact of coronavirus. 

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FHFA Acts to Boost Liquidity and Facilitate Transactions in Mortgage Market

Filed in Housing Finance by on March 23, 2020 0 Comments
FHFA Acts to Boost Liquidity and Facilitate Transactions in Mortgage Market

The Federal Housing Finance Agency (FHFA) today authorized Fannie Mae and Freddie Mac to enter into additional dollar roll transactions to boost liquidity in the mortgage market. Dollar roll transactions provide mortgage-backed securities investors with short-term financing of their positions, providing liquidity to these investors.

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Watch Live: Senior Administration Officials Address NAHB Members

Filed in IBS, Membership by on January 23, 2020 0 Comments
Watch Live: Senior Administration Officials Address NAHB Members

U.S. Housing and Urban Development Secretary Dr. Ben Carson, Director of the Federal Housing Finance Agency Mark Calabria and U.S. Environmental Protection Agency Administrator Andrew Wheeler will each address NAHB members during the Leadership Council meeting on Thursday, Jan. 23, during the International Builders’ Show in Las Vegas.

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Fannie, Freddie Conforming Loan Limits to Top $500,000 in 2020

Filed in Housing Finance by on November 26, 2019 0 Comments
Fannie, Freddie Conforming Loan Limits to Top $500,000 in 2020

The Federal Housing Finance Agency (FHFA) today announced that the maximum baseline conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2020 will increase to $510,400 from $484,350.

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Momentum Builds for Housing Finance Reform Plan With Proper Federal Support

Filed in Advocacy, Housing Finance by on April 15, 2019 0 Comments
Momentum Builds for Housing Finance Reform Plan With Proper Federal Support

NAHB continues to play a pivotal role in the housing finance reform debate, as CEO Jerry Howard attended today’s swearing-in ceremony of Mark Calabria as the new director of the Federal Housing Finance Agency. The Wall Street Journal today also published an NAHB letter to the editor that shows why a proper level of federal support is needed for the nation’s mortgage markets.

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