FHFA Increases Conforming Loan Limits for 2017
The Federal Housing Finance Agency today said that it will raise the maximum conforming loan limits for mortgages Fannie Mae and Freddie Mac purchase in 2017 from $417,000 to $424,000.
Browsing: GSEs
FHFA: Home Prices Rise in Q3
U.S. home prices rose 0.6 percent in September and 1.5 percent in the third quarter, according to the Federal Housing Finance Agency’s House Price Index released today.
FHFA: No Increase on Multifamily Loan Caps for GSEs
The Federal Housing Finance Agency announced today that Fannie Mae and Freddie Mac’s caps for multifamily lending will remain at $36.5 billion for 2017.
FHFA: HARP Refinances Continue to Decline
More than 626,000 borrowers refinanced their Fannie Mae or Freddie Mac mortgage loans in the third quarter, with 15,597 refinanced through the Home Affordable Refinance Program, the Federal Housing Finance Agency said yesterday.
FHFA: GSEs Sold 60,000 Nonperforming Loans Since 2014
Fannie Mae and Freddie Mac have sold 59,629 nonperforming loans as of August, with a total unpaid balance of $11.9 billion, according to the Non-Performing Loan Sales Report released by the Federal Housing Finance Agency today.
Farmer Mac Earnings Strong in Third Quarter
Farmer Mac today reported $131 million in net new business for the third quarter, generating a record outstanding business volume of $17.2 billion, $1.1 billion of which was new business.
How the 2016 Elections Will Impact Banking
An analysis from ABA’s government relations team.
FHFA: GSEs Fall Short of Low-Income Housing Goals
The Federal Housing Finance Agency in its Annual Housing Report today said that both Fannie Mae and Freddie Mac failed to meet their affordable housing goals for low and very-low income buyers purchasing single-family homes in 2015.
Watt Outlines Focus Areas for GSEs in 2017
Providing greater access to credit and affordable housing, supporting underserved markets and addressing language access issues will be key focus areas for Fannie Mae and Freddie Mac in 2017, Federal Housing Finance Agency Director Mel Watt said today.
ABA Calls for Innovation, Transparency in Risk Transfer Methods
ABA today responded to the Federal Housing Finance Agency’s request for comments on the credit risk transfer mechanisms being developed by Fannie Mae and Freddie Mac.