Tag: FHFA

FHA Raises Loan Limits

Filed in Housing Finance by on December 2, 2016 0 Comments

The Federal Housing Administration has released its new schedule of loan limits effective Jan.1, and the nationwide rise in home prices means that buyers in 2,948 counties will see increases.

Continue Reading »

Fannie-Freddie to Raise Conforming Loan Limits in 2017

Filed in Codes and Regulations, Housing Finance by on November 23, 2016 3 Comments
Fannie-Freddie to Raise Conforming Loan Limits in 2017

The Federal Housing Finance Agency (FHFA) today announced that the maximum baseline conforming loan limit for mortgage loans acquired by Fannie Mae and Freddie Mac in 2017 will increase to $424,100 from $417,000.  This will be the first increase in the conforming loan limit since it was raised to $417,000 in 2006. The Housing and […]

Continue Reading »

No Change in 2017 Multifamily Lending Caps for Fannie Mae, Freddie Mac

Filed in Codes and Regulations, Multifamily by on November 22, 2016 1 Comment
No Change in 2017 Multifamily Lending Caps for Fannie Mae, Freddie Mac

The Federal Housing Finance Agency (FHFA) today announced that the 2017 multifamily lending caps for Fannie Mae and Freddie Mac (the Enterprises) will remain at the same level they were for 2016. This means that each Enterprise will be subject to a cap of $36.5 billion of multifamily purchase volume next year.

Continue Reading »

FHFA Raises Multifamily Lending Caps for Fannie Mae, Freddie Mac

Filed in Housing Finance, Multifamily by on August 18, 2016 0 Comments
FHFA Raises Multifamily Lending Caps for Fannie Mae, Freddie Mac

The Federal Housing Finance Agency (FHFA) announced that effective immediately, it has made an additional increase in the 2016 multifamily lending caps for Fannie Mae and Freddie Mac from $35 billion each to $36.5 billion each.

Continue Reading »

Comprehensive Housing Finance Reform Must Come Through Congress

Filed in Housing Finance by on June 8, 2016 0 Comments
Comprehensive Housing Finance Reform Must Come Through Congress

NAHB and other major housing and banking organizations sent a strong message this week to Federal Housing Finance Agency Director Mel Watt regarding the future of Fannie Mae and Freddie Mac.

Continue Reading »

FHFA Boosts Multifamily Lending Caps for Fannie Mae, Freddie Mac

Filed in Housing Finance, Multifamily by on May 4, 2016 0 Comments
FHFA Boosts Multifamily Lending Caps for Fannie Mae, Freddie Mac

In a victory for NAHB’s multifamily members, the Federal Housing Finance Agencyannounced today that it has increased the 2016 multifamily lending caps for Fannie Mae and Freddie Mac from $31 billion to $35 billion, effective immediately.

Continue Reading »

FHFA Announces Principal Reduction Modification Program

Filed in Homeownership, Housing Finance by on April 18, 2016 0 Comments
FHFA Announces Principal Reduction Modification Program

The Federal Housing Finance Agency has announced that Fannie Mae and Freddie Mac will offer a one-time principal reduction to certain seriously delinquent underwater borrowers to help them avoid foreclosures and stay in their homes.

Continue Reading »

Final Rules Issued on Federal Home Loan Bank Membership

Filed in Housing Finance by on January 12, 2016 0 Comments
Final Rules Issued on Federal Home Loan Bank Membership

The Federal Housing Finance Agency today issued its final rules on Federal Home Loan Bank (FHLB) membership, eliminating a proposal to require an ongoing mortgage asset test.

Continue Reading »

FHFA Calls on Fannie Mae and Freddie Mac to Help Underserved Markets

Filed in Housing Finance by on December 15, 2015 0 Comments
FHFA Calls on Fannie Mae and Freddie Mac to Help Underserved Markets

The Federal Housing Finance Agency (FHFA) today announced it is seeking comments on a proposed rule to require Fannie Mae and Freddie Mac to serve three specified underserved markets: manufactured housing, affordable housing preservation and rural markets.

Continue Reading »

FHFA Announces 2016 Conforming Loan Limits for GSEs

Filed in Codes and Regulations, Housing Finance by on November 25, 2015 0 Comments

The Federal Housing Finance Agency today announced that the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2016 will remain at existing levels, except in 39 high-cost counties where they will increase. In most of the country, the loan limit will remain at $417,000 for one-unit properties. The 39 counties that will see an increase from existing levels include some high-cost counties along the west coast and in the Boston, Denver and Nashville markets.

Continue Reading »