Items Tagged with 'Federal Housing Finance Agency'

ARTICLES

  • What would Mark Calabria as FHFA director mean for the future of Fannie and Freddie?

    Analysts weigh Calabria’s potential impact
    The Trump administration has officially nominated Mark Calabria to be the next director of the FHFA when Mel Watt’s term is up early next year. But what would Calabria bring to the FHFA and what might that mean for the future of Fannie Mae and Freddie Mac? Here's a look at what's next, from those in the know.
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  • Fannie Mae reports income of $4B in third quarter

    Will pay Treasury $4 billion in third quarter of 2018
    Fannie Mae reported Friday it posted a comprehensive income of $4 billion in the third quarter of 2018, rising from $3 billion in the third quarter of last year. Notably, Fannie Mae provided $140 billion in liquidity to the mortgage market through financing and refinancing 726,000 homes and rental units.
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  • Freddie Mac misses low-income housing goals in 2017

    Fannie Mae passes all goals
    The Federal Housing Finance Agency released a new report showing Freddie Mac did not meet all of its low-income housing goals for 2017. Fannie Mae, on the other hand, met all of its low-income housing goals. The FHFA explained this decision is preliminary and could change based on the GSEs’ response.
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  • FHFA: Home prices increase 0.3% in August

    But the Middle Atlantic division declined 0.7%
    Home prices rose in August, inching forward 0.3% from July according to the latest monthly House Price Index from the Federal Housing Finance Agency. According to the report, across the nine census divisions, the Mountain division continues to see the strongest appreciation growth.
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  • Fannie Mae CEO Tim Mayopoulos stepping down within days

    Fannie Mae names Hugh Frater interim CEO
    For the first time in more than six years, Fannie Mae will soon be run by someone other than Tim Mayopoulos. Back in July, Fannie Mae announced that Mayopoulos planned to step down “by the end of the year,” but did not specify a date for his departure. Now, Mayopoulos’ days as Fannie Mae’s CEO are numbered – literally.
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  • Politico: Watt accuser invited to speak at FHFA hearing

    Simone Grimes accused FHFA Director Mel Watt of sexual misconduct
    Simone Grimes, the Federal Housing Finance Agency employee who accused Director Mel Watt of sexual harassment, has been invited to testify at the House Financial Services Committee’s upcoming congressional hearing on oversight of the agency, according to a report by Politico. 
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  • FHFA: Home prices increase 0.2% in July

    East South Central division sees weakest annual house appreciation of all divisions
    Home prices increased in July, inching forward 0.2% from June, according to the latest monthly House Price Index from the Federal Housing Finance Agency. According to the report, across the nine census divisions, the Mountain division once again saw the strongest appreciation growth.
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