This annual report describes FHFA's accomplishments, as well as challenges, the agency faced in meeting the strategic goals and objectives during the past fiscal year.
Read about the agency’s 2022 examinations of Fannie Mac, Freddie Mac and the Home Loan Bank System.
Submit comments and provide input on FHFA Rules Open for Comment by clicking on Rulemaking and Federal Register.
As conservator, FHFA is focused on ensuring that each Enterprise builds capital and improves its safety and soundness.
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Operate the business in a safe and sound manner.
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Promote sustainable and equitable access to affordable housing.
2023 Scorecard
FHFA experts provide reliable data, including all states, about activity in the U.S. mortgage market through its House Price Index, Refinance Report, Foreclosure Prevention Report, and Performance Report.
Source: FHFA
FHFA economists and policy experts provide reliable research and policy analysis about critical topics impacting the nation’s housing finance sector. Meet the experts...
Glossaries
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Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its sixth annual report on the single-family guarantee fees (g-fees) charged by Fannie Mae and Freddie Mac. The report includes data from 2009 through 2013 and shows that g-fees more than doubled over this period and increased at a higher annual rate in 2013 than in the prior four years.
The report also reflects the impact of g-fee policy changes in previous years and changes in risk-adjusted g-fees by product type and volume, indicating that:
The Housing and Economic Recovery Act of 2008 requires FHFA to submit annual reports to Congress on g-fees. The fees are intended to cover the costs Fannie Mae and Freddie Mac incur for guaranteeing the payment of principal and interest on single-family loans they purchase from mortgage lenders. Those fees cover projected credit losses from borrower defaults over the life of the loans, administrative costs, and a return on capital.
FHFA published a Request for Input in June 2014 seeking public input on a number of questions related to future guarantee fee policy and implementation. The input period ended on September 8, 2014, and FHFA is currently in the process of reviewing the submissions.
Link to Report
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The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks. These government-sponsored enterprises provide more than $5.6 trillion in funding for the U.S. mortgage markets and financial institutions.
Corinne Russell (202) 649-3032 / Stefanie Johnson (202) 649-3030