Tag Archives: Bedford NY Real Estate for sale

Average homeowner in Mass. to see taxes rise 4% | Bedford Real Estate

Property taxes are on the rise in Massachusetts, with the average bill on a single-family home increasing by about $206 this year, as home assessments and the cost of services by cities and towns continue to go up.

The average property tax bill for a single-family home this year is $5,438, or 3.9 percent higher than last year’s average of $5,232, according to a Globe analysis of 328 of the state’s 351 communities for which comparable data were available.

The average assessed value of a single-family home in those communities has risen a similar amount, about 3.8 percent, to $383,606.

Forty-six of the 328 communities can expect bills to increase on average by 6 percent or more, the Globe review found.

Statewide, increases range from less than 1 percent in more than a dozen communities to as much as 17 percent in the city of Chelsea; or from as little as $3 in Bridgewater to as much as $825 in Brookline.

Boston homeowners will see a $15 increase in their bills on average. Among other nearby communities, bills in Lexington will rise, on average, by $764; in Newton by $637; in Somerville by $166; and in Cambridge by $29.

The average bill is decreasing in just 16 municipalities. Ten other communities have not set their tax rates


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Message from Bedford Town Supervisor | Bedford NY Real Estate

Public Hearings on July 7, 2015
The following public hearings have been scheduled for July 7, 2015 at the Court Room in the Town House at 321 Bedford Road
7:20 PM
Amendment to Zoning Code related to hamlet business districts
7:50 PM
Amendment to the sign ordinance
7:10 PM
Local law to implement Community Choice Aggregation
State Roads – Good News on Route 172
I heard back from the Executive Deputy Commissioner of the New York State Department of Transportation that DOT state funds have been re-allocated to provide for the 172 project. It would entail both drainage work and paving of Route 172 the entire distance from the Village Green through Route 137 in Pound Ridge. The DOT might begin the drainage work in the fall with the milling and paving to be done in Spring 2016 – otherwise the entire job would be 2016. We wish to thank the community for its patience and its support with many calling the DOT to emphasize on the need for the work. In the interim DOT promises to repair potholes and make safe Route 172 and Route 22 (we’re still working on getting it paved).
Working on Securing Paving for I-684
Literally thousands of Bedford residents are affected by the road noise from I-684 which has increased over the years with heavier traffic. Residents are petitioning the Governor, the DOT, our Congressman and our State Legislators. Our thanks to Bedford resident Mara Glassel, who has been organizing residents, and bringing new energy to the effort (which goes back literally
for 20 years or more). Her petition, which you can access at www.change.org, then enter into search field “684” reads as follows:
Efforts have been made all over Westchester County and NY State to reduce noise pollution, while Bedford and Katonah have been ignored.
Increasing the speed limit to 65 mph and ever increasing truck traffic has increased the road noise substantially over the last few years.
Neighbors are measuring noise levels as high as 85 dBs – which has been medically proven harmful – both physically and mentally.
I684 has been neglected for decades and needs to be repaved for safety reasons.
Funds are being appropriated to neighboring towns (i.e. exit 8) – while residents off of exits 4 – 6 continue to be treated unfairly.
Assemblyman David Buchwald is working with Ms. Glassel, the Town and DOT to try to advance these efforts.
Update on Bedford Village Parking
The Town Board of the Town of Bedford is moving forward with its plans to provide additional municipal parking in Bedford Village. Evans Associates, a consultancy firm for the Town for over 25 years, will present at the Town Board’s July 7 meeting a proposal to conduct an engineering/wetlands study to determine how best to maximize parking on property to be leased from the Presbyterian Church. There also may be the possibility of additional spaces at the rear of the Bedford Playhouse building. Both the Church and the owners of the Bedford Playhouse building have advised the Town of its support for these efforts. Assuming Town Board approval, the Town would pay the cost of the Evan Associates’ work as well as for the construction of the parking. In developing the plans and implementing them, the Town will seek the input of the community and obtain all approvals, which at the town level would include the Bedford Village Historic District Review Commission and the Wetlands Control Commission. The intention is to ensure that parking is in place in 2016 for use by patrons of existing stores and businesses as well as the Bedford Playhouse (renovation work is anticipated to be completed mid 2016).
Update on Parking – Town Wide
We are working with the community to improve parking enforcement (and therefore turnover of parking spaces), maximize parking availability and otherwise relieve insufficient parking in our hamlets. Police Chief Melvin Padilla and Comptroller Ed Ritter (who heads the Parking Bureau) will be discussing plans with the Town Board at the Board’s July 7 meeting.
Local Law Implementing Community Choice Aggregation
The Town Board has scheduled a public hearing on a proposed local law to enable the Town to participate in a community choice aggregation (CCA) program offered by Sustainable Westchester, Inc., (SW) a not-for-profit organization now comprised of over forty municipalities in Westchester County, including the Town of Bedford. Simply put, CCA enables Bedford to offer for its residents and small business lower energy costs – all on a voluntary basis. The Town would enter into an agreement to participate in SW’s program for its residents and business consumers who are not currently purchasing electricity from an energy service
company, but only if the prices are lower. The Town also will undertake to inform residents about the CCA program; and that any customer at any time may “opt out” of the program. CCA has been a success in other states and Bedford is among several Westchester communities going forward with the program.
Community Organizations Take Note – Town Co-Sponsorship of Community Events
Following Town Board action at its June 16 meeting, Town Clerk Boo Fumagalli has prepared an application form, at the Town Board’s request, for community organizations requesting Town co-sponsorship of community events. This means that there may be the possibility of the Town Board relieving the organization from a portion of overtime expenses for Town personnel (e.g., police and public works) assisting with the event. Please note that funds are limited and Town co-sponsorship is subject to Town Board approval. The application form and the guidelines which the Board adopted are available from the Clerk’s office. The Clerk will review applications as received for completeness and compliance with the guidelines and forward them to the Town Board for action. You can contact the Clerk at 666-4534 or by e-mail at clerk at townclerk@bedfordny.gov.
Internship Opportunity
For all rising high school sophomores, juniors, seniors as well as college level students: I am currently scheduling interviews for an unpaid summer intern position. The duties of the intern include preparing and managing the weekly community calendar and writing, proofing, and researching various topics. There may be a couple of weeknights to help with our Supervisor and Town Board events in the Parks. Hours are flexible. If interested in this opportunity, please email the Supervisor at Supervisor@BedfordNY.gov or call 914-666-6350. Please submit your resume and hours of availability.
Comptroller’s Report
Comptroller Ed Ritter reported on June 16 as follows:
We will be running the June 15th payroll in both the KVS and Springbrook payroll systems for a parallel view and reconciliation. If this goes well we will be live in Springbrook for the July 6th payroll. Once the payroll portion is running well the Finance office will begin the conversion of the financial data from KVS to the Springbrook product.
Summer employees have started to arrive and are being added into payroll. As summer approaches our payroll increases to over 400 people.
More data has become available as to what we are required to do to be in compliance with the Affordable Care Act (ACA). I have scheduled a presentation on June 22nd by CPI-HR Inc. who will discuss and demonstrate all the requirements we must be aware of. This will be held in the court room at 321 Bedford Road at 1:00 pm.
Mortgage Tax has actual data from October through May 2015. The actual percentage over 2014 is a 11.59% decrease. This amount has been used as a basis for projecting the remainder of the year (through September). Mortgage tax is projected to be $1,011,445, which is $14,445 over budget.
Sales Tax has actual data from January through April 2015. County sales tax shows a 2.44% decrease over 2014. This revenue is projected to be $2,462,546 which is $62,546 over our budget of $2,400,000.
Parking has actual data from January through April 2015. The actual percentage over 2014 is a 3.32% increase. Revenue to date is $99,857 which is an increase of $3,212 from last year at this time. The revenue for the year is projected to be $931,923 which is $1,923 over budget.
Fines and forfeited bail has actual data for January through April 2015. Revenue is $208,000 which is $27,768 under last year’s revenue at this time. The revenue is projected to be $770,850 which is $120,850 over budget.
Safety Inspection Fees has actual data for January through May 2015. Revenue is $366,278 which is 14,419 over last year’s revenue at this time. This revenue is projected to be $754,236 which is $14,236 over budget.
EXPENDITURES: 2015 expenditures are within budget limits at this time
Please note that more information, including analysis, is available through the Comptroller’s office – 666-8283
Proposed Septic System Repair & Replacement Fund Advances
Bedford’s proposal to create a $3.5 million septic system repair and replacement fund for Bedford properties within the New York City watershed is wending its way through the approval process, which we are hopeful will be concluded in the next couple of months. If established, the program would provide up to 50% of approved eligible expenses for construction of repair remediation or replacement of a septic system, as well as design engineering costs not to exceed 20% of total construction costs. An enhanced treatment unit (utilizing more advanced technology) would be permitted, provided the County Board of Health and, if applicable, DEC and DEP, approves it. As mentioned previously, two of the Town’s hamlet centers, Bedford Hills and Katonah, are located in the Croton Watershed, with Katonah’s commercial district immediately adjoining the reservoir. We believe that it is important to balance continued protection of the reservoir system with the economic vitality of these central business areas and their surrounding residential neighborhoods.
The Westchester County Planning Department has been working on a legislative proposal, including an Intermunicipal Agreement between the County and the Town, for submission to the Westchester County Board of Legislators to consider, as the BOL must approve the funding request.
Filling Vacancies in Town Elected Positions
At our June 16 meeting, the Town Board adopted a local law to provide for a special election to fill vacancies in the position of Supervisor, Councilman or Town Clerk which would provide that if the Town Board does not fill the vacancy by appointment within 45 days of the vacancy, then a special election must be held within 60 to 90 days. Summer elections or an election within a short time before a general election would be avoided.
Other Town Board Action Taken
Also at the June 16 meeting, the Town Board appointed Mel Padilla to the position of Chief (it previously was provisional subject to his passing the Chief’s examination – which he did); accepted the proposal of Lothrup Associates for architectural services and construction management for renovations and additions to the police station; enacted an amendment to the Historic Building Preservation Law to allow the Historic Building Preservation Commission to waive public hearing requirements under certain circumstances so as to expedite action on applications; and scheduled the July 7 public hearings mentioned above. The Board also appointed Matthew A. Iacona as a police officer filling a vacancy. I also provided an update on plans for increasing public parking in Bedford Village (Evans Associates will present a consultancy proposal at the July 7 meeting).
Reminder: Emergency Information from NYSEG and Con Edison
Con Edison notified us that you now can text Con Edison about power outages. Here’s the message they sent us:
“Prefer texting? No problem. Sign up by texting REG to OUTAGE (688243) and we’ll text instead of calling.
But don’t wait for us to contact you. The sooner we know about a power problem, the sooner we can respond. Reach us at conEd.com, by texting OUT to OUTAGE after you sign up for texting, with our My conEdison app for Droid and Apple devices, or by calling 1-800-75-CONED (1-800-752-6633).”
Both NYSEG and Con Edison encourage customers with special needs to enroll in special services for them.
“NYSEG is committed to providing their customers with safe, reliable energy delivery. They also offer many services for special need customers, including:

Special Identification for households where everyone is elderly, blind or disabled

Large print, sight-saver Bills for visually-impaired customers

Home Energy Assistance Program (HEAP) grants

NYSEG’s Energy Assistance Program (EAP)

Project SHARE emergency energy assistance program
If you or someone in your household relies on life-sustaining equipment, you should contact NYSEG immediately!
How to call NYSEG:
Electricity interruptions or emergencies: 1.800.572.1131 (24 hours a day, every day)
Customer relations center: 1.800.572.1111
Payment arrangements: 1.888.315.1755
Hearing and speech-impaired: Dial 711 (New York Relay Service)”
“Message from Con Edison: Customer Central Special Services
Safety for Special Customers:
It is important that we have a record of everyone who uses electrically operated life-support equipment or has medical hardships so we can contact them in an emergency. To learn more and complete the survey, please visit the link below. You can also let us know by calling 1-800-75-CONED (1-800-752-6633). Con Edison customers can enroll for this service by visiting www.conEd.com, clicking on Customer Central, and then the “special services” link. You will need your account number. To keep our records current, each year we send a letter asking you to recertify.
Customers with Special Needs:
We recognize that senior citizens and people with disabilities need special attention. That’s why we offer a variety of services and billing and payment options that make life a little bit easier for the elderly, visually or hearing-impaired, or customers with permanent disabilities. Please visit the link below to view the Customers With Special Needs brochure.
I ask you to please send me an e-mail at supervisor@bedfordny.gov should you have any questions or comments on this report or any of our work on the Town Board.
Chris Burdick
Town Supervisor

US housing stages ‘lopsided’ recovery | Bedford NY Real Estate

The lasting legacy of the US housing crash has ranked at the top of the so-called “headwinds” that Federal Reserve policy makers such asJanet Yellen cite when discussing America’s economic prospects.

A host of indicators are suggesting now that, even if the property market remains well below its boom-time highs, it is firmly in recovery mode.

The Case-Shiller index of home values in 20 cities rose 4.9 per cent from a year earlier in April, according to data released Tuesday, with values in Denver and San Francisco rising around 10 per cent from a year earlier. That came after the National Association of Realtors index of pending home sales hit its highest level since April 2006.

The problem with the recovery is that it is, in the words of Sam Khater, deputy chief economist at CoreLogic, a lopsided one.

An acute lack of construction at the lower end of the market is creating a tight supply of housing, driving up rents and pushing up prices of affordable homes to levels reached in 2006.

With access to credit far more constricted than it was before the financial crisis and income growth depressed, home ownership rates have fallen to 20-year lows, as many younger Americans are locked out of property ownership.

Mr Khater said: “The property market is strengthening, but it’s a complex picture that’s by no means good news for all Americans.”

Back in 2013 US housing hit a setback associated with a 100 basis-point upward lurch in mortgage rates induced by the Fed’s so-called “taper tantrum”. In recent months it has seen renewed momentum, however. Existing home sales rose to an annual rate of 5.35m in May, according to the National Association of Realtors, the fastest pace since 2009.

Rising values are pushing up equity in the housing market, with low interest rates helping for those who can qualify for home loans. In addition, real disposable incomes have risen 4 per cent nationally over the past four quarters.

While an increase in interest rates by the Federal Reserve could impact affordability, Tim Hopper, chief economist at TIAA-CREF, a financial services company, argued that US households are better positioned to weather higher borrowing costs. “The consumer is in much better shape than just a few years ago,” he said.

Nevertheless, there were still 5.1m mortgaged houses in negative equity in the first quarter, compared with 5.4m at the end of last year, according to CoreLogic data. Poorer neighbourhoods tend to have very high concentrations of negative equity, underlining the long shadow of the property crash and deeply divided fortunes now characterising the housing market.

Among the lasting legacies of the downturn have been tightening lending standards, a shift to renting, and a decline in rates of home ownership. The home ownership rate at the end of last year was at 64.5 per cent, erasing most of the increase over the previous two decades. Between 2006 and 2013, there was a 3m increase in single family home rentals.

With construction of housing remaining depressed, households are encountering a tight supply and surging rents — with the national vacancy rate near its lowest in 20 years. This is putting acute pressure on many people’s finances. In 2013 almost half of renters had housing cost burdens, including more than a quarter with “severe” burdens — paying more than 50 per cent of income for housing, according to Harvard’s Joint Center for Housing Studies.



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Existing Home Sales Pause | Bedford Real Estate

Existing home sales declined 3.3% in April, despite the fact that almost half of April sales remained on the market less than one month. The National Association of Realtors (NAR) reported April 2015 total existing home sales at a seasonally adjusted rate of 5.04 million units combined for single-family homes, townhomes, condominiums and co-ops, up from an upwardly revised 5.21 million units in March. April existing sales were up 6.1% from the same period a year ago, and have increased year-over-year for seven consecutive months.

Existing Home Sales April 2015

Existing sales in the Midwest increased 1.7% from the previous month, but fell in the other regions, ranging from 1.7% in the West to 6.8% in the South. Year-over-year, all four regions increased, ranging from 13.0% in the Midwest to 1.6% in the Northeast.

The first-time buyer share remained unchanged at 30% in April, compared to 29% in February and 28% in January. The first-time buyer participation remains well below the historically typical 40% share.

Total housing inventory increased 10.0% in April to 2.21 million existing homes, which was still 0.9% below the 2.23 million level during the same month a year ago. At the current sales rate, the April unsold inventory represents a 5.3-month supply, up from a 4.6-month supply last month. NAR also reported that April homes sold in an average of 39 days compared to 52 days in March, and was the shortest time on the market since July 2013.

The distressed sales share remained unchanged at 10% in April, and was down from 15% during the same month a year ago. Distressed sales are defined as foreclosures and short sales sold at deep discounts. April all cash sales remained unchanged at 24% of transactions, down from 26% of transactions in February and 27% in January, and were down from 32% in April 2014. Individual investors purchased a 14% share of homes in April, unchanged from March, and down from 18% during the same month a year ago. Some 71% of investors paid in cash in April, compared to 70% in March, and 67% in February and January. The awaited withdrawal of cash investors will create more opportunity for first-time buyers.


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Freddie reports average mortgage rates rise | #Bedford Real Estate

Freddie Mac today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates following 10-year Treasury yields higher.

News Facts

  • 30-year fixed-rate mortgage (FRM) averaged 3.80 percent with an average 0.6 point for the week ending May 7, 2015, up from last week when it averaged 3.68 percent. A year ago at this time, the 30-year FRM averaged 4.21 percent.
  • 15-year FRM this week averaged 3.02 percent with an average 0.6 point, up from last week when it averaged 2.94 percent. A year ago at this time, the 15-year FRM averaged 3.32 percent.
  • 1-year Treasury-indexed ARM averaged 2.46 percent this week with an average 0.4 point, down from last week when it averaged 2.49 percent. At this time last year, the 1-year ARM averaged 2.43 percent.

Average commitment rates should be reported along with average fees and points to reflect the total upfront cost of obtaining the mortgage. Visit the following links for theRegional and National Mortgage Rate Details and Definitions. Borrowers may still pay closing costs which are not included in the survey.

Attributed to Len Kiefer, deputy chief economist, Freddie Mac.

“Mortgage rates rose this week to the highest level since the week of March 12 as a selloff in German bunds helped drive U.S. Treasury yields above 2.2 percent. The U.S. trade deficit reached $51.4 billion in March to the highest level since 2008. Also, the Institute for Supply Management’s manufacturing index was unchanged in April, but manufacturing employment contracted as the index fell below 50 for the first time since May 2013.”

Bedford-bred Upstart could break New York’s Kentucky Derby drought | #Bedford Real Estate


Although Empire City Casino’s Kentucky Derby Day and fancy hat contest are local traditions, this year’s Derby-related activities have the added appeal of a hometown favorite: Upstart, a Bedford-bred horse, will try to bring home a Derby win for New York for the first time in more than a decade.

The three-year-old Upstart, owned by Ralph Evans and bred by Sunnyfield Farms Owner Joanne Nielsen, has a solid record, with a career total of seven starts: three first-place finishes, three seconds, and one third.

The first New York horse to win the Kentucky Derby was Funny Cide in 2003. Since then, no New York horse has made it to the top of this crème de la crème of horse races. Upstart, who won the Holy Bull and was a runner-up in the Florida Derby, has been given 15-1 odds—not impossible, certainly, but he’ll need a bit of luck to pull out a win. Coincidentally, his foalhood nickname was “Lucky;” he was born on April, 13, 2012—a lucky Friday the 13th. And given that only 20 thoroughbreds make it to the Kentucky Derby out of the approximately 30,000 that are born yearly, one could argue luck has always been on Upstart’s side.

It’s not every year New Yorkers get to see a hometown contestant in the Kentucky Derby, so be sure to tune in and root for Upstart. Coverage starts at 4 pm on Friday on NBC.


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Bedford Town Cleanup Days | Bedford Real Estate

Town Wide CleanUp Days

Please come visit us for Bedford 2015 Town-Wide Clean-up Days at the Crusher Road Highway Facility off Route 22, just North of Route 172, in Bedford Village.

Town residents can bring household debris and metal waste to the Crusher Road Yard during the following periods:

Thursday, April 30th & Friday, May 1st – 7:30am to 3pm

Saturday, May 2nd – 7:30am to 4:30pm

Proof of Bedford residency is required, and fees are as follows:

  • $25 per carload
  • $60 per pickup truck load
  • $115 for small dump trucks (<6 yd)
  • $230 and up for large dump trucks (>6 yd)

Residents may also take brush and tree debris to the Beaver Dam Highway facility on Beaver Dam road off Harris Road during the same days and hours listed above. THERE IS NO CHARGE FOR THIS!

The Highway Department will not accept any of the following items:  tires, batteries, refrigerators, freezers, pressure treated lumber, air conditioners, propane tanks, paint, varnish, chemicals, medical waste, or other toxic materials. See http://bedford2020.org/recyclopedia/ for information on disposing of various types of items.

We also will not accept E-Waste (Televisions, computers, printers, scanners, fax machines, cell phones, VCRs) at our Crusher Road facility, although ewaste is accepted at our 301 Adams Street Recycling Center in Bedford Hills on Tuesdays, Thursdays, and Saturdays from 7am to 3pm.

Please contact the Bedford DPW Highway Division at 666-7669 with any questions.

Bedford Village Chowder & Marching Club will hold their Tag Sale on Friday May 1st and Saturday, May 2nd at the Crusher Road Highway Facility. Chowder & Marching Club also provides truck pick-ups of old household items in exchange for a tax-deductible donation to C&M. Pickups can be scheduled at http://www.chowderandmarching.org/events/clean-up-weekend/

Seventy-Nine Homes Proposed Near Downtown Bedford Village | Bedford Real Estate

Developer Wilder Balter Partners is proposing a 79-home project on a site near Bedford Village’s downtown, a location that Rippowam Cisqua previously sought to use for a high school.

The project, which carries the working title “Bedford Farm,” calls for using the northern portion of a 113-acre site, which is bounded by Old Post Road (Route 22) to the north, Crusher Road to the west, Vinton Avenue to the east and the Mianus River to the south.

Seventy of the homes would be “age-targeted” and consist of single-family and two-unit structures. Nine of the units would be affordable homes and be located across the developed portion of the site.

Additionally, the project calls for a four-acre farm, which would be used for growing produce that residents and local restaurants could use. A full-time farmer would work and live at the site.

Other amenities include a gazebos and a 5,000-square-foot clubhouse containing a gym, potentially a pool, a catering kitchen, a billiards room and a personal-training space.

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New-home sales jump to 539,000 rate in February, highest in 7 years | Bedford NY Real Estate

New U.S. homes sold at an annual rate of 539,000 in February to mark the best month of sales in seven years, the government reported Tuesday. The pace of sales for January was also revised up sharply to 500,000. It’s the first time annualized sales have hit 500,000 or more for two straight months since early 2008, though demand is still far lower compared to the years prior to the Great Recession. Economists polled by MarketWatch had forecast sales to total a seasonally adjusted 455,000 last month. The median sales price climbed 2.6% to $275,500 in February from a year ago. All the homes now on the market would be sold in 4.7 months at the current sales pace, down from 5.7 months in January. That leaves the supply of new homes for sale at the lowest point since June 2013. Unless more homes are built soon, the lack of supply could force prices higher in the spring months when home buying is typically at a peak and potentially constrain sales. Builders have filed permits to increase construction, though they have been focusing more on condos and townhouses than single-family homes. The rise in new home sales in February is at odds with other reports on existing home sales and new construction that showed a decline last month owing to heavy snow in large swaths of the eastern United States.


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Average New Home Loan Rate Dips Below 4 Percent | Bedford Real Estate

Earlier today, the Federal Housing Finance Agency (FHFA) reported a 10 basis point decline in mortgage interest rates for the month of January.  Looking into the data a little further shows that the story was essentially the same for the subset of mortgages used to purchase newly built homes,

On conventional mortgages for new homes, FHFA tables show the average contract interest rate declining from 4.03 to 3.92 percent—the first time it’s dipped below 4 percent since May.

Contr Rate Jan 15

Meanwhile, average initial fees and charges on the loans, increased slightly from 1.16 to 1.18 percent.  The result was a 9 basis point decline in the average effective interest rate (which amortizes initial fees over the estimated life of the loan) on new home loans, from 4.14 to 4.05 percent.

While the average size of the mortgages declined, from $336,500 to $331,700, the average price of the new homes purchased with the loans moved in the opposite direction—recovering from $437,300 to $440,300 after a one month dip.  Although not quite up to the November peak, this is still the second highest average new home price on record.

Avg Price Jan 15

The combination of smaller loans and higher price took the average loan-to-price ratio on new home mortgages down from 78.9 to 77.3, a ratio more typical of recent history (the average for 2014 was 77.6).

LTP Jan 15

This information is based on FHFA’s Monthly Interest Rate Survey (MIRS) of loans closed during the last five working days in January.  For other caveats and details on the MIRS methodology, see the technical note at the end of FHFA’s February 26 news release.


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