The Federal Housing Finance Agency (FHFA) back in August,2010,published proposed “guidance”related to private transfer fee covenants that applied to Fannie Mae,Freddie Mac and Federal Home Loan Banks (the “regulated entities). The message in this guidance was that private transfer fees are bad and those regulated enterprises should stay away from lending [...]
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 | Dennis Norman Today the Federal Housing Finance Agency (FHFA) reported that U.S. home prices rose 0.3 percent on a seasonally-adjusted basis from June to July and are down 4.2 percent for the past year. Many of the reports I’ve seen in the press on this are saying this is a sign of the housing [...] Dennis Norman By:Dennis Norman Effective the 1st of this month The Federal Housing Finance Agency has authorized Fannie Mae and Freddie Mac to expand the Home Affordable Refiance Program (HARP) to homeowners who are current on their mortgage payments from the present maximum loan to value of 105% to 125%. The program is [...] James B. Lockhart III,Director,Federal Housing Finance Agency By:Dennis Norman In an interview on CNBC’s Squawk Box James Lockhart,Director of the Federal Housing Finance Agency which is the regulator of Freddie Mac,Fannie Mae and the Federal Home Loan Banks had a few good things to say about the real estate [...] | ||||
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