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FHFA Launches Map of Potentially Eligible Borrowers for Principal Reduction Modication Published: 7/11/2016After the announcement on April 14, 2016 that Fannie Mae and Freddie Mac will be offering
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The FHFA launches a map of the housing market trends and data that provides insights into various aspects of the housing economy, including home prices, mortgage rates, and housing supply.
Entities such as lenders, mortgage servicers, and other financial institutions involved in housing finance may be required to file reports that are reflected in the FHFA launches map.
To fill out the FHFA launches map, stakeholders must gather relevant housing data and submit it through the designated reporting platforms as specified by the FHFA guidelines.
The purpose of the FHFA launches map is to enhance transparency in the housing market, facilitate informed decision-making by policymakers and the public, and to track trends in the housing economy.
Information that must be reported includes home price indices, mortgage delinquencies, refinancing statistics, and other relevant economic indicators pertaining to the housing market.
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