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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This report provides monthly data and analysis on mortgage rates, refinance volume, and Home Affordable Refinance Program (HARP) volume by state, LTV buckets and other measures.
This report contains data on refinance program activity of Fannie Mae and Freddie Mac (the Enterprises) through November 2013.
Refinance volume decreased again in November as mortgage rates ranged between four to four and a half percent since June. In November, mortgage rates rose: the average interest rate on a 30 year fixed rate mortgage reached 4.26 percent.
In November 2013, 38,732 refinances were completed through HARP, bringing the total refinances through HARP from the inception of the program to 3,027,937.
HARP volume represented 24 percent of total refinance volume during the month, and 14 percent of the loans refinanced through HARP had a loan-to-value ratio greater than 125 percent.
Year-to-date through November 2013, Barrowers with loan-to-value ratios greater than 105 accounted for 40 percent of the volume of HARP loans.
Borrowers who refinanced through HARP had a lower delinquency rate compared to borrowers eligible for HARP who did not refinance through the program.
Year-to-date through November 2013, 20 percent of HARP refinances for underwater borrowers were for shorter-term 15- and 20-year mortgages, which build equity faster than traditional 30-year mortgages.
Year-to-date through November 2013, HARP refinances represented 55 percent of total refinances in Nevada and 49 percent in Florida, more than double the 22 percent of total refinances nationwide over the same period.
