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.
1.
Operate the business in a safe and sound manner.
2.
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
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The Enterprises' Foreclosure Prevention Actions:
More than 21,100 foreclosure prevention actions were completed in February 2015, bringing the total to nearly 3.5 million since the start of the conservatorships in September 2008. Half of these actions have been permanent loan modifications.
There were nearly 13,200 permanent loan modifications in February, down 3 percent compared with January.
The share of modifications with principal forbearance remained at 18 percent while modifications with extend-term only increased slightly to 49 percent in February due to improved house prices and a declining HAMP eligible population.
Approximately 2,800 short sales and deeds-in-lieu were completed in February, down 21 percent compared with January.
The Enterprises' Mortgage Performance:
The serious delinquency rate declined to 1.82 percent at the end of February, from 1.86 percent at the end of January.
The Enterprises' Foreclosures:
Third-party and foreclosure sales declined 21 percent to approximately 10,500, while foreclosure starts fell 16 percent to more than 21,600 in February.