Oct 9, 2012 4:42PM The Federal Housing Finance Agency ( FHFA ) has released its Strategic Plan for the years 2013-2017 . The Plan builds on the one presented by FHFA Acting Director Edward J. DeMarco to Congress last February. FHFA is regulator of the Federal Home Loan Banks (FHLBanks) and was appointed regulator and conservator of Fannie Mae and Freddie Mac, the government sponsored housing enterprises (GSEs) in September 2008. To ensure that the GSEs are safe and sound , FHFA, as regulator and conservator must identify... Oct 9, 2012 10:36AM The nation's shadow inventory dropped to 2.3 million housing units in July, down 10.2 percent from where it stood one year earlier. According to CoreLogic's report on the subject, released this morning, in the same month in 2011 the inventory was 2.6 million units. The dollar volume of the inventory in the most recent month was $382 billion compared to $397 billion the year before. The shadow inventory has now returned to the approximate level of March 2009. The current inventory represents a 6.3...
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