Browsing: FHFA

Economy FHFA: Fannie, Freddie have sold $30 billion in NPLs

Fannie Mae and Freddie Mac have sold 163,297 nonperforming loans, with a total unpaid balance of $30 billion, from program inception in 2014 through June 30, 2023, according to FHFA’s Non-Performing Loan Sales Report

Economy Report: GSE foreclosure prevention actions decrease in Q3

The Federal Housing Finance Agency released its third quarter 2023 Foreclosure Prevention and Refinance Report, which includes data on mortgage performance, delinquencies and active forbearance plans, as well as forfeiture actions and refinances by state.

Newsbytes ABA, state bankers associations urge open process for FHLB reforms

As the Federal Housing Finance Agency moves forward with implementing the recommendations in its recently completed review of the Federal Home Loan Bank system, it is important that the process the agency uses to make those changes is transparent and inclusive, ABA and 52 state bankers associations said in a letter to the agency.

Newsbytes FHFA’s Thompson: Home loan banks not meant as lender of last resort

The Federal Housing Finance Agency is seeking to better balance the mission of the Federal Home Loan Bank system to stress that FHLBs should be a provider of reliable liquidity to financial institutions, but for the purpose of making available funding for housing and community development, FHFA Director Sandra Thompson said.

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