DSNews BY: Krista Franks Brock May 14, 2014 In a speaking engagement at the Brookings Institution, Federal Housing Finance Agency (FHFA) Director Melvin L. Watt spoke about his new 2014 Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac, highlighting a few major changes to the plan. Notably Watt’s plan removes any intention to reduce the GSEs’ […]
Tag: FHFA
Wells Fargo, SunTrust Reach Repurchase Agreement with Freddie Mac
DSNews – By TORY BARRINGER, 10/4/2013 Two more companies are in the clear with Freddie Macfollowing agreements on claims related to loans that went south after they were sold to the GSE. Wells Fargo and SunTrust Mortgage are the two most recent companies to settle over claims regarding representations and warranties on single-family loans sold to the GSE. It was announced at the […]
FHFA: August Marks 19 Months of Home Price Gains
BY: KRISTA FRANKS BROCK, DSNews.com 10/23/2013 Marking 19 consecutive months of appreciation, the Federal Housing Finance Agency’s (FHFA) House Price Index rose 0.3 percent on a seasonally adjusted monthly basis in August. On a yearly basis, the index is up 8.5 percent. Prices are now 9.4 percent below their April 2007 peak, according […]