Federal Housing Finance Agency

• FHFA Reports October Mortgage Rates Fell While Fees Increased

  By Heather Anderson  |  November 29, 2012

  The Federal Housing Finance Agency on Thursday reported that mortgage rates on purchased homes fell by 11 basis points in October to 3.44%.

• NAFCU: Proposed FHFA Fee Increase Damaging to Housing Markets

  By Heather Anderson  |  November 21, 2012

  Four out of the five states where the Federal Housing Finance Agency is considering an increase in mortgage guarantee fees do not have healthy housing markets.

• California Congressman Goes After NCUA Over Contingency Pact With Outside Lawyers

  By Heather Anderson  |  October 26, 2012

  Rep. Darrel Issa (R-Calif.) asks if executive order violated. NCUA pays lawyers more than $40 million of $170 million in Wall Street settlements.

• U.S. Justice Department Files Suit Against Bank of America

  By David Morrison  |  October 24, 2012

  Suit says Countrywide, later purchased by Bank of America, ran a 'Hustle' that led to losses taxpayers shouldered.

• Audit Recommends FHFA Tighten the Regulator Reins on Fannie and Freddie

  By Heather Anderson  |  September 27, 2012

  AgencyOIG audited the process for approving decisions after the FHFA delegated most of its conservatorship authority back to the enterprises in November 2008.

• DeMarco: Fannie and Freddie Will Evaluate Mortgage Risk Earlier

  By Heather Anderson  |  September 11, 2012

  Lenders in streamlined refinance programs, including HARP, will be eligible for relief after an acceptable payment history of only 12 months.

• HARP Refis on Pace to Double 2011’s Numbers

  By Heather Anderson  |  September 7, 2012

  The continued high volume of HARP loans is attributed to record-low mortgage rates and program enhancements.

• NAFCU, Mortgage Bankers Oppose Eminent Domain-Forced Mortgage Restructures

  By Heather Anderson  |  September 7, 2012

  FHFA seeking comment on possibility of allowing seizure, sale of residential mortgages.

• Federal Agencies to Present Service Member Compliance Web Event

  By Heather Anderson  |  September 5, 2012

  Sept. 10 online discussion is on guidance and compliance issues related to the Servicemembers Civil Relief Act.

• FHFA Eases Short Sale Eligibility

  By Heather Anderson  |  August 22, 2012

  New guidelines permit some homeowners with a Fannie Mae or Freddie Mac mortgage to sell their home in a short sale even if current.