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FHFA Increases Conforming Loan Limits Values for 2024

FHFA Increases Conforming Loan Limits Values for 2024

by Phil Hall | Nov 28, 2023 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) announced the conforming loan limit values for the mortgages on one-unit properties that Fannie Mae and Freddie Mac will acquire in 2024 will be $766,550, an increase of $40,350 from 2023. The FHFA adjusted the loan limit...
Leadership Changes Coming to Fannie Mae

Leadership Changes Coming to Fannie Mae

by Phil Hall | Nov 15, 2023 | Current News & Events, Industry Updates, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fannie Mae (FNMA/OTCQB) announced a series of changes within its leadership ranks. President David C. Benson will retire in early to mid-2024. He has been with the government-sponsored enterprise for 21 years and served in a wide range of positions, including interim...
FHFA Sets 2024 Multifamily Loan Purchase Caps at $70 Billion Per GSE

FHFA Sets 2024 Multifamily Loan Purchase Caps at $70 Billion Per GSE

by Phil Hall | Nov 14, 2023 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Housing Finance Agency (FHFA) announced the 2024 multifamily loan purchase caps for Fannie Mae and Freddie Mac will be $70 billion for each government-sponsored enterprise (GSE), for a combined total of $140 billion to support the multifamily market. FHFA...
Fannie Mae’s Home Purchase Sentiment Index Sinks Under Mortgage Rate Pressure

Fannie Mae’s Home Purchase Sentiment Index Sinks Under Mortgage Rate Pressure

by Phil Hall | Oct 9, 2023 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The pressure from elevated mortgage rates drove down the Home Purchase Sentiment Index in (HPSI) last month, according to Fannie Mae (OTCQB:FNMA). Last month’s HPSI sank by 2.4 points to 64.5, with five of the HPSI’s six components decreasing month-over-month,...
Fannie Mae in Data Partnership with Pulsenomics

Fannie Mae in Data Partnership with Pulsenomics

by Phil Hall | Oct 3, 2023 | Current News & Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market, WRE News Exclusive

Fannie Mae (OTCQB: FNMA) has entered a partnership with Pulsenomics LLC, an independent research and consulting firm, to produce the quarterly Home Price Expectations Survey (HPES) beginning this month. The HPES polls over 100 housing experts across the industry and...
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