Federal Housing Finance Agency
WASHINGTON, DC - MAY 01: U.S. Rep. Mel Watt (D-NC) looks on after U.S. President Barack Obama nominated him to be the next director of the Federal Housing Finance Agency during a personnel announcement at the White House May 1, 2013 in Washington, DC. Watt would be the first permanent director in nearly four years replacing Edward J. DeMarco for the housing regulator that oversees several mortage campanies. The president is nominating Tom Wheeler and U.S. Rep. Mel Watt (D-NC) to replace outgoing Federal Communications Commission Chairman and the Federal Housing Finance Agency Director, respectively.
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How tight or loose will credit be? The Federal Housing Finance Agency will decide this to a large extent, as seen by the recent announcement that Fannie and Freddie will no longer buy interest only mortgages.
I applaud Fannie Mae, Freddie Mac, and the Federal Housing Finance Agency for acting swiftly and unveiling this new program to protect Sandy victims from sudden mortgage payment spikes
One of the best things I can do is nominate Mel Watt to lead the Federal Housing Finance Agency ... Mel understands as well as anyone what caused the housing crisis and what it takes to recover.More quotes »
Newsday's coverage
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Threat of balloon mortgage payments eased for Sandy victims
than $6,000 when that grace period ends, state officials said.The agency that regulates Fannie and Freddie, The Federal Housing Finance Agency, announced the streamlined modification program in March, allowing borrowers to amend loans without providing detailed Read more »
Around the web
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New program to help some struggling homeowners avoid foreclosure
DENVER — In Late March, the Federal Housing Finance Agency announced Fannie Mae and Freddie Mac will offer struggling homeowners an easier way to stay in their homes. The program, known as the Streamlined Modification Program, will take effect July 1, an from KDVR.com Read more »
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Mortgage Lenders Seek Lower Guarantee Fees in GSE Risk-Sharing Pilot
The Federal Housing Finance Agency should require the government-sponsored enterprises to purchase loans with "deeper levels of credit enhancement (via mortgage insurance, lender recourse or capital market investors) in exchange for bona fide reductions from American Banker Read more »
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Why FHFA's Ed DeMarco Isn't Going Anywhere
Federal Housing Finance Agency Acting Director Edward DeMarco, right, testifies before the Senate Banking Committee in 2010. If confirmed by the Senate, Rep. Mel Watt, D-N.C., will replace Ed DeMarco, the current – and controversial – acting director of from U.S. News & World Report Read more »
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Watt's departure would open key slot
The House intellectual property subcommittee is preparing to undertake a massive examination — and quite possibly, revision — of the nation’s copyright laws just as the panel’s top Democrat may be headed for the exit. President Barack Obama has tapped Re from The Politico Read more »
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US:FHFA House Price Index
Definition The Federal Housing Finance Agency (FHFA) House Price Index (HPI) covers single-family housing, using data provided by Fannie Mae and Freddie Mac. The House Price Index is derived from transactions involving conforming conventional mortgages p from CME Group Read more »
