The Federal Housing Finance Agency on Thursday reported that mortgage rates on purchased homes fell by 11 basis points in October to 3.44%.
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.
Rep. Darrel Issa (R-Calif.) asks if executive order violated. NCUA pays lawyers more than $40 million of $170 million in Wall Street settlements.
Suit says Countrywide, later purchased by Bank of America, ran a 'Hustle' that led to losses taxpayers shouldered.
AgencyOIG audited the process for approving decisions after the FHFA delegated most of its conservatorship authority back to the enterprises in November 2008.
Lenders in streamlined refinance programs, including HARP, will be eligible for relief after an acceptable payment history of only 12 months.
The continued high volume of HARP loans is attributed to record-low mortgage rates and program enhancements.
FHFA seeking comment on possibility of allowing seizure, sale of residential mortgages.
Sept. 10 online discussion is on guidance and compliance issues related to the Servicemembers Civil Relief Act.
New guidelines permit some homeowners with a Fannie Mae or Freddie Mac mortgage to sell their home in a short sale even if current.