SAN DIEGO–Amid rising premiums and natural disasters, it’s no surprise that insurance is a big concern for the multifamily industry. With that in mind, the Federal Housing Finance Agency’s Siobhan Kelly announced the agency will hold a multifamily insurance symposium March 13–with both in-person and virtual options–to brainstorm solutions to insurance issues.
Tag: FHFA

FHFA Releases Non-Performing Loan Sales Data
Fannie Mae and Freddie Mac sold 163,297 non-performing loans with a total unpaid principal balance of $30.0 billion from program inception in 2014 through June 30, 2023, the Federal Housing Finance Agency reported.

FHFA Releases 2024 Scorecard for Fannie Mae, Freddie Mac, CSS
The Federal Housing Finance Agency on Tuesday released the 2024 Scorecard for Fannie Mae and Freddie Mac and their joint venture, Common Securitization Solutions LLC.

FHFA TechSprint Spotlights Themes Related to Mortgage Technology
The Federal Housing Finance Agency last summer held its “Velocity” TechSprint, bringing people together to ponder how data digitization could drive transparency and increase access, fairness, affordability and sustainability in mortgage lending. FHFA briefed MISMO Winter Summit attendees about the program Monday.

FHFA: More Than 6.8M Troubled Homeowners Helped During Conservatorships
The Federal Housing Finance Agency reported Fannie Mae and Freddie Mac completed 43,356 foreclosure prevention actions during the third quarter, raising the total number of homeowners who have been helped to 6.86 million since the start of conservatorships in 2008.

FHFA: U.S. House Prices Rise 5.5% Over the Last Year
U.S. house prices rose 5.5 percent between September 2022 and September 2023, according to the Federal Housing Finance Agency’s House Price Index report released Tuesday.

FHFA Announces Increase to Conforming Loan Limit Values for 2024
The Federal Housing Finance Agency raised the conforming loan limit values for mortgages to be acquired by Fannie Mae and Freddie Mac for one-unit properties to $766,550 in 2024, an increase of $40,350 from 2023.

MBA Issues Statement on FHFA’s Review of the Federal Home Loan Bank System
Pete Mills, Senior Vice President of Residential Policy and Strategic Industry Engagement at MBA, issued the following statement regarding the release of the Federal Housing Finance Agency’s review of the Federal Home Loan Bank System.

August Indexes Show Price Gains
The Federal Housing Finance Agency released its price index for August, showing a 0.6% month-to-month gain and a 5.6% annual gain in U.S. house prices.

Officials Provide Updates on Repurchases, ADUs, Outlooks at MBA Annual
PHILADELPHIA–A slate of federal officials took to the stage to provide updates at the Mortgage Bankers Association’s Annual Convention & Expo here Oct. 16.