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<br>A.gov site belongs to a main government organization in the United States.<br> |
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<br>Secure.gov websites use HTTPS |
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A lock (Lock Locked padlock) or https:// implies you've securely linked to the.gov site. Share sensitive details just on official, protected websites.<br> |
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<br>Search<br> |
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<br>- About About FHFA<br> |
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<br>- Mission & Core Values |
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- Leadership |
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- [Conservatorship](https://thembalifikile.co.za) |
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- FHFA Policies |
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- Budget, Finances, and Performance |
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- FOIA & Privacy |
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- Information Quality |
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- Work With Us |
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- Ombudsman |
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- Equal Job Opportunity |
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- Careers |
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- Contact Us<br> |
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<br>- Advisory Bulletins |
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- Dodd-Frank Act Stress Tests (DFAST). |
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- Examiner Resources. |
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- Fannie Mae & Freddie Mac. |
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- Federal Mortgage Bank System. |
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- Legal Documents & Suspensions. |
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- LIBOR Transition. |
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- Rulemaking and Federal Register. |
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- Suspended Counterparty Program<br> |
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<br>- Affordable Housing Allocations. |
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- Common Securitization Platform. |
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- Credit Risk Transfer. |
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- Credit report. |
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- Deemed-Issuance Ratio. |
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- Executive Compensation. |
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- Guarantee Fees. |
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- Language Access. |
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- Mortgage Servicing. |
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- Multifamily Businesses. |
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- Non-Performing and Re-Performing Loan Sales. |
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- Pilot Transparency. |
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- Private Mortgage Insurer Eligibility Requirements. |
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- Representation and Warranty Framework<br> |
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<br>- 2024 TechSprint: Generative AI in Housing Finance. |
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- Affordable Housing & Community Investment. |
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- Duty to Serve. |
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- Enterprise Housing Goals. |
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- Financial Technology. |
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- Fraud Prevention. |
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- Housing Finance Examiner Commission Program. |
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- Loss Mitigation. |
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- National Mortgage Database. |
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- Natural Disaster Risk. |
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- Neighborhood Stabilization Initiative. |
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- Suspended Counterparty Program<br> |
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<br>- Borrower Assistance Map. |
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[- Conforming](https://watermark-bangkok.com) Loan Limit. |
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- Dashboards. |
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- Data Governance. |
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- Duty to Serve Eligibility Data. |
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- Duty to Serve Performance Data. |
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- Enterprise Housing Goals. |
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- Fair Lending Data. |
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- FHFA House Price Index ® |
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. -FHLB Membership Data. |
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- NMDB ® Aggregate Statistics. |
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- NSMO Public Use File. |
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- Public Use [Databases](https://winnerestate-souththailand.com). |
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- FHLB Stress Tests for Market and Credit Risk. |
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- Market Data. |
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- Market Risk Scenarios. |
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- MIRS Transition Index. |
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- UAD Appraisal-Level Public Use File. |
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- UAD Aggregate [Statistics](https://www.imobiliaremogosoaia.info). |
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- [Underserved](https://acerealty.com.my) Areas Data<br> |
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<br>- Briefs, Notes & White Papers. |
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- NMDB Staff Working Papers. |
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- Staff Working Papers<br> |
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<br>- Conservatorship Reports. |
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- Fannie Mae and Freddie Mac Reports. |
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- FHFA Reports. |
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- FHLBank Reports. |
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- Mortgage Market Reports<br> |
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<br>- About Mortgage Translations. |
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- Borrower Education Materials. |
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- COVID-19 Resources. |
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- Interpretive Services. |
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- Language Translation Disclosure. |
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- Search Documents<br> |
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<br>- News Releases. |
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- Statements. |
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- Speeches. |
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- Testimonies. |
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- Public Input. |
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[- Blogs](https://apartmentforrentals.com). |
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- Fact Sheets. |
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- FAQs. |
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- Partner Agency Engagements. |
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- Public Engagements. |
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- Videos<br> |
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<br>- Facebook. |
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- LinkedIn. |
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- YouTube. |
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- X (previously Twitter)<br> |
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<br>Breadcrumb<br> |
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<br>1. Home. |
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2. Programs. |
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3. National Mortgage Database Program<br> |
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<br>National Mortgage Database Program<br> |
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<br>The National Mortgage Database (NMDB ®) [1] program is jointly funded and handled by the Federal Housing [Finance Agency](https://aryaq.com) (FHFA) and the Consumer Financial Protection Bureau (CFPB). This program is developed to supply an abundant source of details about the U.S. mortgage market. It has three main components:<br> |
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<br>1. the National Mortgage Database (NMDB),. |
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<br>2. the quarterly National Survey of Mortgage Originations (NSMO), [2]<br>3. the annual [American Survey](https://taurlag.com) of Mortgage Borrowers (ASMB). [3]<br> |
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Purpose<br> |
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<br>The NMDB program makes it possible for FHFA to meet the statutory requirements of area 1324( c) of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Housing and Economic Recovery Act of 2008, to carry out a regular monthly mortgage market study. Specifically, FHFA must, through a study of the mortgage market, gather information on the qualities of private mortgages, consisting of those qualified for purchase by Fannie Mae and Freddie Mac and those that are not, and consisting of subprime and nontraditional mortgages. In addition, FHFA should gather details on the credit reliability of borrowers, including a determination of whether subprime and [nontraditional borrowers](https://indiarealtors.in) would have gotten approved for prime lending. [4] |
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<br>For CFPB, the NMDB program supports policymaking and research efforts and helps determine and understand emerging mortgage and housing market trends. CFPB uses the NMDB, to name a few functions, in assistance of the market monitoring required by the Dodd-Frank Wall Street Reform and Consumer Protection Act, consisting of comprehending how mortgage financial obligation affects customers and for retrospective rule evaluation required by the statute.<br> |
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<br>Safeguards<br> |
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<br>No info on customer names, addresses, Social Security numbers, or dates of birth is ever utilized or kept by FHFA or CFPB as part of the NMDB program. Furthermore, safeguards remain in place to guarantee that details in the database is not used to identify individual borrowers or lenders and is managed in complete accordance with federal privacy laws and the Fair Credit Reporting Act (FCRA).<br> |
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<br>National Mortgage Database<br> |
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<br>The National Mortgage Database (NMDB) is the first part of the National Mortgage Database program. NMDB is upgraded quarterly for a nationally representative 5 percent sample of closed-end first-lien property mortgages in the United States.<br> |
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<br>The function of NMDB is to inform and inform FHFA, CFPB and other federal agencies about loaning items and mortgage market health. The database is extensive, and there are many possibilities for how it might be used. Some examples consist of:<br> |
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<br>Studying the subprime mortgage crisis: Because the information goes back to 1998, the database can be utilized to evaluate possible reasons for the current subprime crisis. |
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<br>Monitoring new and emerging items in the mortgage market: The companies to keep an eye on volume and efficiency of items in the mortgage market and help regulators identify possible issues or brand-new risks. |
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<br>Monitoring the [relative health](https://lefkada-hotels.gr) of mortgage markets and customers: The database supplies comprehensive mortgage loan performance info consisting of whether payments are made on-time, as well as information regarding loan adjustments, foreclosures, and insolvencies. This can help policy makers better comprehend how various products are being utilized and how they are performing. |
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<br>Evaluating loss mitigation, customer counseling, and loan modification programs: The database can be used to evaluate the efficacy and prospective impact of therapy programs. |
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<br>Monitoring budget-friendly loaning: Since the database is updated quarterly, it supplies details on mortgage gain access to and mortgage terms for low-income customers and neighborhoods faster than data required by the Home Mortgage [Disclosure](https://www.buynzproperty.nz) Act, or HMDA. Currently, HMDA information does not appear up until the year following origination. |
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<br>Performing stress tests and prepayment/default modeling: The database can be utilized by policy makers, researchers, and regulators to improve prepayment and default modeling and to execute stress-test situations for the whole [nationwide mortgage](https://elixirimmobilier.com) market. |
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<br> |
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Description<br> |
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<br>The NMDB puts together credit, administrative, servicing, and residential or commercial property data for a nationally representative 5 percent sample of closed-end first-lien domestic mortgages in the United States. The database consists of the following details:<br> |
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<br>- mortgage efficiency from origination to termination |
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