On July 27, 2015, NAR President Chris Polychron submitted comments regarding changes to the national loan limit price index in response to a Federal Housing Finance Agency (FHFA) request. The national limit determines the individual loan limits available under the GSEs and FHA and VA loan programs. NAR recommends a multifaceted methodology that accurately reflectsContinue reading “NAR Comments On 2016 Home Price Index”
Tag Archives: GSEs
FHFA Improves Note Sale Program
On March 2 the Federal Housing Finance Agency enhanced requirements for sales of non-performing loans by Freddie Mac and Fannie Mae (the GSEs). In a letter last year NAR raised concerns that this disposition strategy gives investors an advantage over potential owner occupant buyers. NAR requested more information on the sale of the notes andContinue reading “FHFA Improves Note Sale Program”
The Future of the GSEs
There were more questions raised than answers provided about the future of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and their continued role in the secondary mortgage market at the Regulatory Issues Forum during the 2012 REALTORS® Conference & Expo in Orlando. The GSEs have too much market share, said Timothy J. Mayopoulos, FannieContinue reading “The Future of the GSEs”
IRES MLS: Come Home to Colorado 