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Annual Housing Report

Annual Housing Report - 2015 (covers activities 1/2014 – 12/2014)

Published: 10/30/2015

This report covers the 2014 housing activities of Fannie Mae and Freddie Mac, fulfilling the statutory requirement of section 1324 of the Safety and Soundness Act. Fannie Mae and Freddie Mac acquired $584 billion of loans on single-family owner-occupied housing and provided funding for 738,466 multifamily rental units in 2014.

This report includes information on the Enterprises' performance under their statutory annual housing goals in 2014. The Safety and Soundness Act requires FHFA to establish several annual housing goals for both single-family and multifamily mortgages purchased by Fannie Mae and Freddie Mac. The housing goals include separate categories for single-family and multifamily mortgages on housing that is affordable to low-income and very low-income families, among other categories. The annual housing goals are one measure of the extent to which the Enterprises are meeting their public purposes, which include "an affirmative obligation to facilitate the financing of affordable housing for low- and moderate-income families in a manner consistent with their overall public purposes, while maintaining a strong financial condition and a reasonable economic return." FHFA's evaluation of the Enterprises' performance in reaching the 2014 goals is still underway.

This report also compares key aspects of the Enterprises' mortgage purchases with the corresponding aspects of mortgages originated in the primary mortgage market, and discusses the Enterprises' affordable housing allocations and FHFA's National Mortgage Database.​

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