Posted To: Voice of Housing Yesterday the Federal Housing Finance Agency (FHFA) issued to Congress its Strategic Plan for Fannie Mae and Freddie Mac Conservatorships. More: A Call to Action - FHFA’s Strategic Plan for Fannie Mae and Freddie Mac … [Read more...]
FHFA House Price Index Rises 1.0 Percent in November
January 31, 2012 by
The Federal Housing Finance Agency recently reported a 1.0 percent rise in U.S. Read this article: FHFA House Price Index Rises 1.0 Percent in November … [Read more...]
FHFA Appoints Two New Faces to Key Positions
November 30, 2011 by
The Federal Housing Finance Agency picked up two new appointees, duly announced by the independent federal agency Tuesday. More here: FHFA Appoints Two New Faces to Key Positions … [Read more...]
FHFA’s DeMarco Defends GSE Compensation
November 11, 2011 by
Posted To: MND NewsWire Edward J. DeMarco, Acting Director of the Federal Housing Finance Agency (FHFA) has responded to an announcement from the House Financial Services Committee regarding HR 1221, The Equity in Government Compensation Act of 2011 . The bill would strip compensation packages of … [Read more...]
OIG Faults FHFA Oversight of Law Firms
October 4, 2011 by
Posted To: MND NewsWire The Office of Inspector General ( OIG ) for the Federal Housing Finance Agency ( FHFA ) has released critical preliminary findings from an audit conducted on FHFA's oversight of Fannie Mae's default-related legal services. Read More: OIG Faults FHFA Oversight of Law Firms … [Read more...]
FHFA Report Uncovers Its Own Mishandling of $2.87 Billion GSE-BofA Settlement
September 28, 2011 by
The Federal Housing Finance Agency (FHFA), the conservator of the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, has released a report stating that it failed to properly oversee settlements between the GSEs and Bank of America regarding a $2.87 billion repurchase … [Read more...]
FHFA Considers Higher Mortgage Fees
September 19, 2011 by
Posted To: MND NewsWire At the same time the Acting Director of the FHFA is considering loosening guidelines or reducing fees in conjunction with an expanded HARP offering, he’s likely to raise certain fees in 2012. Speaking at The American Mortgage Conference in Raleigh, NC, Edward Demarco gave … [Read more...]
FHFA’s DeMarco Releases Statement on Potential HARP Changes
September 9, 2011 by
Posted To: MND NewsWire FHFA Director Edward Demarco is who the mortgage world has been waiting to hear from regarding recent talk of a government-led initiative to expand refinancing options. In last night's speech to a joint session of Congress, although the focus was on jobs, Obama also noted his … [Read more...]
FHFA Seeks to Amend Press Coverage of Lawsuits
September 7, 2011 by
Posted To: MND NewsWire The Federal Home Financing Agency (FHFA), apparently stung by the coverage of its lawsuits it against 17 banks and a number of their executive officers, has issued a clarification of the goals and rational behind those suits . The suits which were filed last Friday seek … [Read more...]