FHFA Launches New Integrated Accounting System
July 8, 2009 Posted by FHFA
Washington, DC - July 8, 2009 - (RealEstateRama) – The Federal Housing Finance Agency (FHFA) has implemented a single, integrated accounting system—another major milestone for the young Agency. FHFA was established last July, by the Housing and Economic Recovery Act of 2008 (HERA).
FHFA’s First Report to Congress Details Annual Examinations of Fannie Mae, Freddie Mac and the Federal Home Loan Banks
May 18, 2009 Posted by FHFA
Washington, D.C. - May 18, 2009 - (RealEstateRama) — James B. Lockhart, Director of the Federal Housing Finance Agency (FHFA), today released FHFA’s first Report to Congress, detailing the findings of the agency’s 2008 annual examinations of Fannie Mae, Freddie Mac, the 12 Federal Home Loan Banks (FHLBanks), and the Office of Finance. The report is the first Report to Congress since FHFA was established by the Housing and Economic Recovery Act of 2008 (HERA), signed into law in July of 2008. A predecessor agency, the Office of Federal Housing Enterprise Oversight (OFHEO), previously published annual reports to Congress on Fannie Mae and Freddie Mac examinations.
U.S. MONTHLY HOUSE PRICE INDEX ESTIMATES 1.8 PERCENT PRICE DECLINE FROM OCTOBER TO NOVEMBER
January 23, 2009 Posted by FHFA
WASHINGTON, DC - January 23, 2009 - (RealEstateRama) — U.S. home prices fell 1.8 percent on a seasonally-adjusted basis from October to November, more than the 1.1 percent decline in the prior month, according to the Federal Housing Finance Agency’s monthly House Price Index. For the 12 months ending in November, U.S. prices fell 8.7 percent. The decline since the April 2007 peak is 10.5 percent.
U.S. Monthly House Price Index Estimates 1.1 percent Price Decline from September to October
December 23, 2008 Posted by FHFA
WASHINGTON, DC – U.S. home prices fell 1.1 percent on a seasonally-adjusted basis from September to October, less than the 1.2 percent decline in the prior month, according to the Federal Housing Finance Agency’s monthly House Price Index. For the 12 months ending in October, U.S. prices fell 7.5 percent. The decline since the April 2007 peak is 8.8 percent.
U.S. HOUSE PRICES SLOW
September 7, 2007 Posted by RealEstateRama
WASHINGTON, DC – U.S. home prices increased only slightly in the second quarter of 2007 according to the OFHEO House Price Index (HPI). The HPI, which is based on data from sales and refinance transactions, was 0.1 percent higher in the second quarter than in the first quarter of 2007. This is below the revised growth rate of 0.6 percent for the previous quarter and the lowest since the fourth quarter of 1994. Prices in the second quarter of 2007 were 3.2 percent higher than they were in the same quarter of 2006, the lowest annual price change since the 1996-97 period.
