Study: Remote work drove up house prices
The shift to remote work during the COVID-19 pandemic accounted for 60% of the increase in housing prices since 2019, according to research published today by the Federal Reserve Bank of San Francisco.
Browsing: Affordable housing
FHFA to create affordable housing advisory committee
The Federal Housing Finance Agency announced today it will establish a federal advisory committee on affordable, equitable and sustainable housing.
FHFA proposes to change affordable housing goals for Fannie Mae, Freddie Mac
The Federal Housing Finance Agency announced changes to the methodology Fannie Mae and Freddie Mac will use to measure their multifamily housing goals.
FHFA head addresses housing market challenges; lawmakers pan equitable housing plans
Testifying before the House Financial Services Committee today, Federal Housing Finance Agency Director Sandra Thompson acknowledged the challenges currently facing the mortgage market as a result of inflation and rising interest rates.
Agencies release HMDA data for 2021
The share of mortgages originated by nonbanks continues to climb, accounting for 63.9% of home-purchase loans, up from 60.7% in 2020.
Fannie, Freddie issue equitable housing finance plans
Fannie Mae and Freddie Mac today released multiyear plans detailing how they will address systemic barriers faced by Black and Latino homeowners and renters, as required by the Federal Housing Finance Agency.
FHFA issues mission report for 2021
Fannie Mae and Freddie Mac acquired more than 360,000 loans through their affordable housing programs in 2021, according to a report released today by the Federal Housing Finance Agency, which oversees the GSEs and the Federal Home Loan Banks.
ABA joins state banking groups in ads thanking lawmakers for their community outreach
ABA joined the California and Georgia bankers associations with voter education ads thanking two lawmakers for their work supporting communities.
Six top concerns for mortgage bankers
These challenges will affect all markets, but will have local distinctions that will be important for market participants to understand as they navigate the uncertain road ahead.
GSEs release ‘duty to serve’ plans
The Federal Housing Finance Agency yesterday outlined how Fannie Mae and Freddie Mac will work to improve the distribution and availability of safe and sound residential mortgage financing in underserved markets between 2022 and 2024.