FHFA: GSEs’ 3rd Quarter Delinquency Rate, Forbearances Decline

The Federal Housing Finance Agency released its third quarter Foreclosure Prevention and Refinance Report, showing Fannie Mae and Freddie Mac completed 69,362 foreclosure prevention actions during the quarter, raising the total number of homeowners who have been helped to 6,660,364 since the start of conservatorships in September 2008.

FHFA Announces Final Rule for New GSE Products, Activities

The Federal Housing Finance Agency published a final rule that requires Fannie Mae and Freddie Mac to provide advance notice to FHFA of new activities and obtain prior approval before launching new products.

FHFA Issues 2023-2024 GSE Multifamily Housing Goals

The Federal Housing Finance Agency on Wednesday issued its final rule for Fannie Mae and Freddie Mac that establishes the benchmark levels for their 2023 and 2024 multifamily housing goals.

MBA Offers FHFA Recommendations on Housing Equity

The Mortgage Bankers Association, in a letter to the Federal Housing Finance Agency, offered a set of recommendations addressing the Agency’s efforts to improve home equity, particularly with respect to the racial homeownership gap.

MBA Chart of the Week Dec. 2, 2022: GSE Conforming Loan Limits

Last week, the Federal Housing Finance Agency announced conforming loan limits for mortgages eligible to be acquired by Fannie Mae and Freddie Mac in 2023. The 2023 loan limit for one-unit properties for most of the country will be $726,200, an increase of $79,000 from $647,200 in 2022.