Federal Housing Finance Agency

FHFA today announced FHFA Conforming Loan Limit values (CLL) for mortgages acquired by Fannie Mae and Freddie Mac in 2025. In most of the United States, the 2025 CLL value for one-unit properties will be $806,500, an increase of $39,950 (or 5.2 percent) from 2024. https://lnkd.in/e3SyskZg In an accompanying blog, Economist Scott Weiner explains the relationship between the CLL and house prices and how it has evolved over time. https://ow.ly/49gX50Ug549

FHFA released Federal Housing Administration Single-Family appraisal data for the Uniform Appraisal Dataset (UAD) Aggregate Statistics Data File and Dashboards. Click on our latest blog post where we break down the key summary statistics from this recent release. Understand the trends and data that are shaping FHA single-family housing! https://lnkd.in/eBnV4xVk

U.S. house prices rose 4.3 percent between the third quarter of 2023 and the third quarter of 2024, according to the FHFA House Price Index (FHFA HPI®). House prices were up 0.7 percent compared to the second quarter of 2024. FHFA’s seasonally adjusted monthly index for September was up 0.7 percent from August. https://lnkd.in/eUgnm3zz

Fannie Mae and Freddie Mac (the Enterprises) will seek to extend housing access in rural underserved markets, enhance their support for manufactured housing, and continue addressing liquidity needs for first-time homebuyers, among a host of activities outlined in plans published today by the FHFA. https://lnkd.in/eWGvPdBf

How Does Mortgage Performance Vary Across Borrower Demographics Following a Hurricane? by Alexandra Marr, Carrie Hopkins, and November Wilson examines how more severe hurricanes lead to worse mortgage loan performance outcomes and how hurricanes may not hit all borrowers equally. Find the paper here: https://lnkd.in/dsec7jyC #hurricanes #flood #housing #mortgages #borrowers #disasters

Join us! The Division of Inclusivity, Culture and Equity (DICE) Office of Data Analytics (ODA) has a Data Analytics Specialist position available. This position assists in collecting, validating, analyzing, and reporting data to support DICE's mission and its initiatives. Apply by Tuesday, December 3. https://lnkd.in/efYWPkdM

Join us! The Division of Public Interest Examinations (DPIE) is hiring a Senior Examination Training Specialist. This position designs training strategies and courses for examiners and other DPIE staff in all aspects of public interest supervision including: affordable housing, community development, diversity and inclusion, consumer protection, fair housing and lending programs. Deadline to apply is Monday, November 25. However, the application window will close when we receive 50 applications, which may be sooner. https://lnkd.in/eH2GmxGq

FHFA will allow greater rental housing support from Fannie Mae and Freddie Mac (the Enterprises) by raising the multifamily loan purchase cap for each Enterprise to $73 billion, representing $146 billion in total 2025 multifamily market support and a more than 4 percent increase from 2024, the Agency announced today. https://lnkd.in/ecsS2g7G

FHFA today released its annual Performance and Accountability Report, which details FHFA’s activities as regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac during fiscal year 2024. https://lnkd.in/eqgm-Xzh

A new FHFA Working Paper uses the Uniform Appraisal Dataset (UAD) to study the impact of neighborhoods’ racial composition on appraisal outcomes. The research shows that appraisers incorporate a neighborhood’s racial profile into their valuation decisions, whereby a higher share of African Americans significantly raises the likelihood of a low appraisal (below the contract price). However, this effect dissipates when appraisers work in neighborhoods in which they have appraised before or in which many appraisals were recently completed, facts consistent with information-based models of discrimination. Read more at https://ow.ly/9fvB50U8580. #Appraisal #Mortgage #RealEstate #FairHousing #DataAnalysis