May Indexes Reveal Year-Over-Year Price Gains

The Federal Housing Finance Agency released its seasonally adjusted monthly House Price Index for May, revealing that year-over-year prices were up 5.7%, but flat from April.

MBA Weighs in with FHFA on FHLB Core Mission Activities

The Mortgage Bankers Association submitted a letter yesterday to the Federal Housing Finance Agency regarding its request for information on Federal Home Loan Bank core mission activities.