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 2015 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.
Goal: Help restore confidence, enhance capacity to fulfill mission, and mitigate systemic risk that contributed directly to instability in financial markets.
MAINTAIN foreclosure prevention activities and credit availability, REDUCE taxpayer risk, and BUILD a new single-family securitization infrastructure. Read more in the 2016 Scorecard and Conservatorships Strategic Plan.
Plans and Reports
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.
HARP - the Home Affordable Refinance Program was created by FHFA specifically to help homeowners current on their mortgage payments, but underwater on their mortgages.
FHFA economists and policy experts provide reliable research and policy analysis about critical topics impacting the nation’s housing finance sector.
Meet the experts...
Key Topics pages provide information about FHFA's work on a range of issues facing the nation and highlight the most relevant related news releases, reports, statements and web pages on the respective topics.
The Honorable Melvin L. Watt of Charlotte, NC sworn in on January 6th to a 5-year term as the first Senate-confirmed Director of FHFA.
Read more about Director Watt
FHFA Privacy Office Contacts:
David A. Lee, Senior Agency Official for Privacy & Chief Privacy OfficerStacy J. Easter, Privacy Act Officer
Stephen E. Hart, Privacy Act Appeals Officer
FHFA Privacy Office400 7th Street, SW8th FloorWashington, D.C. 20219Phone: 202-649-3803Fax: 202-649-1073email:
Privacy@fhfa.gov (for questions or to submit a request)
Privacy Act of 1974, 5 U.S.C. § 552a, establishes a code of fair information practices that governs the collection, maintenance, use, and dissemination of personally identifiable information about individuals that is maintained in a systems of records (a group of records under the control of an agency from which information is retrieved by a unique identifier, e.g., name, ssn, etc.) by federal agencies. The Act balances the government’s need to maintain information about individuals with the right of individuals to be protected against unwarranted invasions of their privacy.
Access and review records about you, and
Amend information about you that is inaccurate, irrelevant, untimely or incomplete that is contained in an agency system of records.
The Act mandates that the Government:
Informs you why information is being collected and how it is going to be used;
Assures that information is accurate, relevant, complete and up-to-date before disclosing it to others;
Allows you to find out about disclosures of your records to other agencies or persons; and
Provides you with the opportunity to correct inaccuracies in your records.
To submit or track a Privacy Act request or appeal to the FHFA or FHFA-OIG click
here, or mail to the above address.
Please note that all mail sent to FHFA via the United States Postal Service is routed through a national irradiation facility, a process that may delay delivery by approximately two weeks. For any time-sensitive correspondence, please plan accordingly. Envelopes should be marked "Privacy Act Request." All requests for FHFA-OIG records will be forwarded to FHFA-OIG for direct a response. Requests submitted after normal business hours (8:30 a.m. to 5:00 p.m., Eastern Time, Monday through Friday), will be deemed received on the next normal business day.
FHFA Privacy Act Systems of Records Notices (SORN)
The Privacy Act requires that a notice describing each system of records be published in the Federal Register for review and comment by the public and other interested parties as part of the prescribe review and approval process.
Listed below are FHFA and FHFA-OIG Privacy Act Systems of Records Notices as well as FHFA adopted Government-wide System of Record Notices. Each SORN below describes what, why, and how we collect, maintain, use and disseminate records in our system.
Administrative Changes to FHFA Systems of Records Notices (FHFA-1 to 4; FHFA 7-16).
Government-wide Systems of Records Notices FHFA adopted can be found
FHFA-OIG-1: FHFA-OIG Audit Files Database; FHFA-OIG-2: FHFA-OIG Investigative & Evaluative Files Database; FHFA-OIG-3: FHFA-OIG Investigative & Evaluative MIS Database; FHFA-OIG-4: FHFA-OIG Hotline Database; and FHFA-OIG-5: FHFA-OIG Correspondence Database.
Revised OIG SORNS - FHFA-OIG-1; FHFA-OIG-2; FHFA-OIG-3; FHFA-OIG-4; and FHFA-OIG-5; and New SORN FHFA-OIG-6: FHFA-OIG Evaluations Files Database.
A Privacy Impact Assessment (PIA) is an analysis of how Information in an Identifiable Form (IIF) is handled. Conducting PIAs for relevant electronic systems is required under the E-Government Act of 2002 (E-Gov Act) and accompanying OMB guidance published on September 26, 2003. PIAs are intended to ensure that the handling of IIF conforms to applicable legal, regulatory and policy requirements regarding privacy, helps determine the risks and effects of collecting, maintaining and disseminating IIF in an electronic system, and examines and evaluates protections and alternative processes for handling IIF to mitigate potential privacy risks.
IIF includes information that directly identifies an individual or FHFA intends to use to identify specific individuals in conjunction with other data elements. The FHFA uses PIAs to identify and address information privacy when planning, developing, and implementing information technology systems that collect and maintain IIF. The goals in completing a PIA are to:
Make informed policy and system design or procurement decisions regarding the collection of IIF;
Ensure accountability for privacy issues;
Analyze both technical and legal compliance with applicable privacy laws and regulations; and
Provide documentation on the flow of personal information and information requirements within FHFA systems.
Access Control Emergency Contacts Module PIAAffordable Housing Program/Community Investment Cash Advance System PIAContent Management Interface PIAElectronic Time & Attendance System PIAFederal Home Loan Bank System Directory PIAFM Systems PIAFOIAXpress PIAGovTrip PIAHR Navigator PIALitigation Support System PIANational Finance Center's Personnel Payroll System (Redacted) PIAOffice of Conservatorship Status Tracking and Reporting PIAOffice of Personnel Management's Electronic Official Personnel Folder PIAOffice of Personnel Management's Fingerprint Transaction System PIAOffice of Personnel Management's USA Staffing PIAOracle e-Business Suite PIAPlateau Talent Management System PIAGSA Personal Identity Verification System - USAAccess (HSPD-12) PIASend Word Now PIATeamMate PIA - FHFBTrakker PIAFHFA Voice Over Internet Protocol (VOIP) and Unified Communication (UC) PIAKastle Systems PIAOffice of Inspector General Case Management System - PIANational Mortgage Database PIA
Client Management System (CMS) PIAOffice of Inspector General GSS PIA
Training Requests Application PIA
JPP/Merit Central PIA
Correspondence Tracking System PIA
HRIS PIAMicroPact iComplaints PIA
Emergency Notification System PIA
Additional Privacy Act References:
FHFA and FHFA-OIG Privacy Act Regulation 12 CFR Part 1204 (Interim Final Regulation and
Final Rule)FHFA Use and Protection of Personally Identifiable Information (PII)
FHFA Breach Notification Policy and Plan
© 2016 Federal Housing Finance Agency