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
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
COVID-19 Resources
On January 18, 2011, FHFA announced joint initiative to consider alternatives for a New Mortgage Servicing Compensation Structure.
FHFA directed Fannie Mae and Freddie Mac, in coordination with FHFA and the Department of Housing and Urban Development (HUD), to consider alternatives for future mortgage servicing structures and servicing compensation for single-family loans.
The general purpose of the Joint Initiative is to explore a number of issues that have been the topic of industry debate and discussion over the years; to evaluate the potential impact on industry participants of alternative compensation structures; and to submit possible solutions for public consideration.
To promote an informed discussion of pertinent issues, FHFA posted an Background and Issues for Consideration (2/15/2011)document and offered four illustrative scenarios to stimulate public input. FHFA sponsored a series of listening sessions with interested stakeholders, including mortgage industry participants, consumer advocates, research analysts, trade associations, and federal and state regulatory agencies. Based on the input received from the public, the Joint Initiative developed and debated several concept proposals. Two such proposals are included in the Alternative Mortgage Servicing Compensation Discussion Paper (9/27/2011) for public consideration and comment.
Outline for Panel Discussion at MBA Annual Convention (10/11/2011)
Joint Initiative Seeks Public Comment on Alternative Mortgage Servicing Compensation; Releases Discussion Paper (9/27/2011 News Release)Acting Director Edward J. DeMarco's Speech at the MBA's National Mortgage Servicing Conference & Expo, Dallas, Texas (2/23/11)
9/29/11 Allied Home Mortgage, Registered Mortgage Loan Officer Virginia Callaway 9/30/11 ExMor Capital Corporation Chief Executive Officer, Michael Francis9/30/11 David Larson 9/30/11 Weichert Financial Services Chief Risk Officer , Ben Niles10/31/11 Direct Mortgage Corp. Chief Executive Officer, James Beech10/19/11 Crescent Mortage, President Michael Francis10/31/11 UCM Inc. Chief Financial Officer, Dave Stephens 10/31/11 Dovenmuehle Mortgage Inc., Senior Vice President, David Allison11/14/11 Pennsylvania Housing Finance Agency Chief Legal Counsel, Rebecca Peace11/20/11 Phoenix Mortgage Associates, Ted Howard11/22/11 The Clearing House Association Senior Vice President & Associate General Counsel, Mark Zingale11/25/11 Mascoma Savings Bank Senior Vice President of Retail Lending, Ken Wells12/1/11 Colonial Savings, J. David Motley12/6/11 University Lending Group Senior Mortgage Loan Officer, Bart Swan12/6/11 University Lending Group Senior Loan Officer, Roderick A. Parker12/6/11 University Lending Group Sales Manager, Kathy Lundy12/6/11 University Lending Group Post Closing, Jan Zawislak12/6/11 University Lending Group/University Bank, Deu Banks12/6/11 University Lending Group Loan Processor, Connie Gerhart12/6/11 University Lending Group Branch Manager, Matthew Haas12/6/11 University Lending Group Mortgage Origination Specialist, Kelly Bousquet12/6/11 University Lending Group/University Bank, J. Price12/6/11 University Lending Group Underwriter, Koleen Mouw12/6/11 University Lending Group Branch Manager, Dwayne Thompson12/7/11 University Lending Group Vice President of Residential Lending, Dan Fisk12/6/11 University Lending Group/University Bank, K. Hamilton12/7/11 University Lending Group, Elizabeth Grove12/7/11 NOIC President, Mark Vinciguerra12/8/11 Pulte Mortgage President and Chief Executive Officer, Debra Still12/8/11 Guild Mortgage Company, Senior Loan Consultant Dawn Peck12/8/11 Nafinc, Bruce Wagner12/8/11 Cascade Financial Services President, Cody Pearce12/8/11 AmeriCU Chief Risk Officer, Kim Renock12/8/11 Liberty Bank of Arkansas Vice President, JP Sexton12/8/11 Megastar Financial Senior Loan Officer, Becky Smith12/8/11 MidWest America Federal Credit Union, BDR/Mortgage Specialist, Wanda Cisna12/8/11 Towne Mortgage Company Vice President of Sales, Phil Candela12/8/11AmeriCU Mortgage, Credit Union Liaison, Denise Guevara12/8/11 Alliance Financial Resources Senior Mortgage Specialist, Matthew Kelchner12/8/11 Guild Mortgage Company Mortgage Planning Specialist, Robert Brenner12/8/11 New American Funding Senior Loan Officer, Jon Rowland12/8/11 Town Stone, Barry Sturner12/8/11 AmeriCU Mortgage Loan Officer, Tom Gotelaere12/8/11 Nebraska Mortgage Association, President Sherri O'Callaghan12/8/11 New Mexico Educators Federal Credit Union Senior Vice President of Service Delivery, Lyle Greenberg12/8/11 Amerifirst Financial, Area Production Manager, Tony Ortega12/8/11 Acceptance Capital Mortgage, Lydia Shina12/8/11 Megastar Financial, Senior Loan Officer, Trent Peaker12/8/11 CoreLogic Dorado Compliance Manager, Diane Afflerbach12/8/11 Chimney Rock Mortgage President, Mike Hogan12/9/11 Sharon Samz, AmeriCU Mortgage12/9/11 Innovative Mortgage Services, Barry Carraway12/9/11 University Bank, Document Management, Shannon Wade 12/12/11 Insight Bank Secondary Marketing Manager, Cathy Wagner12/12/11 Guardian Mortgage Company Vice President, Cheryl Brown12/12/11 University Lending Group, Senior Loan Originator, John Wenson12/13/11 OMBA Executive Director, Bob Niemi12/13/11 Hanover Mortgage Corp. President, Ralph Wieleba12/13/11 Diane Hinze12/13/11 Assured Mortgage Inc, Diane Rue12/14/11 Ross Mortgage Corporation Vice President, Ken Panosian12/14/11 Matthew Hackett12/14/11 UMBC President, Cynthia Lowman 12/14/11 University Lending Group Senior Loan Advisor,Brandon Mayo12/14/11 University Lending Group Mortgage Origination Specialist, Kelly Leigh Bousquet12/14/11 University Lending Group Operation Manager, Carolyn Draper12/14/11 St. James Mortgage Corporation, Ken Neal12/14/11 University Lending Group Loan Processor, Lori Smith12/14/11 University Lending Group Senior Loan Officer, Ryan Hufty12/14/11 University Lending Group Account Manager, Greg Wells12/14/11 University Lending Group, Christy Bieling12/14/11 Traverse City State Bank Vice President of Mortgages, Daniel Baldwin12/14/11 University Lending Group, Tracy Whitaker12/14/11 University Lending Group Loan Processor, Kim Forbes12/14/11 Genisys Mortgage Professionals Division Manager, Bruce Meek12/14/11 University Lending Group Mortgage Origination Specialist, Anna Albin12/14/11 University Bank, Patrick Hayner12/14/11 Gilpin Financial Services President, Ann Riley12/14/11 Whole Loan Capital Principal, David Akre12/14/11 Fulton Mortgage Company Senior Vice President of Marketing, Jeff Scheuren12/14/11 University Bank, Melissa Hedge12/14/11 Telcom Credit Union, Donald Oleske12/16/11 Arvest Mortgage Company President & CEO, William Roehrenbeck12/17/11 Roger Earnhardt12/19/11 University Lending Group Retail Sales Manager, Jae Tolliver12/19/11 Centris Federal Credit Union Director of Mortgage Services, Steve Swanstrom12/19/11 American Bankers Association Vice President and Senior Counsel, Joseph Pigg12/20/11 Compass Analytics Managing Partner, Rob Kessel and Umpqua Bank EVP/General Counsel, Steven L. Philpott12/20/11 Joint State MBA, Vermont Mortgage Bankers Association Executive Director, Diane M. Smith12/20/11 Credit Union National Association Counsel for Special Projects, Kristina Del Vecchio12/20/11 Center for American Progress Senior Fellow, Peter Swire12/20/11 Vermont Mortgage Bankers Association Executive Director, Diane Smith12/20/11 Central Mortgage Company President, Rick Hollenberg12/20/11 Fidelity Bank Senior Vice President of Servicing Operations12/21/11 American Securitization Forum Executive Director, Tom Deutsch12/21/11 Michigan Mortgage Lenders Association President, Brent Green12/21/11 The Community Mortgage Banking Project Managing Director, Glen Corso12/21/11 BOKF Mortgage President, Ben Cowen12/21/11 SIFMA Managing Director, Richard Dorfman12/21/11 The McCue Mortgage Company President, William McCue12/21/11 Homeownership Preservation Foundation Senior Vice President of Stakeholder Relations and Research, Gene Spencer 12/21/11 First Hawaiian Bank, Executive Vice President and Manager Consumer Banking Group, Winston K. H. Chow 12/21/11 AHMSI Executive Vice President, Barry J. Bier12/21/11 Joint Clearinghouse, MBA, SIFMA, HPC and CMBP, Community Mortgage Banking Project Managing Director, Glen Corso12/21/11 AHMSI Executive Vice President, Barry J. Bier12/21/11 National Association of Home Builders Senior Vice President of Regulatory Affairs, David L. Ledford12/21/11 Cape Bank, Gina Tubertini Loefflad12/22/11 Housing Policy Council President, John H. Dalton12/22/11 Independent Community Bankers of America President and CEO, Ron Haynie12/22/11 Debra Weise12/22/11 NAFCU General Counsel and Vice President of Regulatory Affairs, Carrie Hunt12/22/11 The Prestwick Mortgage Group Chief Executive Officer, Larry Alberson12/22/11 66 Federal Credit Union Senior Vice President, Mark Williams12/22/11 US Bank Corp President and Chief Executive Officer, Daniel Arrigoni12/22/11 MMS Mortgage Services, Ltd., President, Timothy M. Crowley12/22/11 Coastal States Mortgage Corporation, President, Patrick J. Mansell, CMB12/22/11 Guild Mortgage Company President and CEO, Mary Ann McGarry12/22/11 BlackRock, Vice Chairman, Barbara G. Novick12/22/11Coastal States Mortgage Corporation President, Patrick Mansell12/22/11 SchoolsFirst Federal Credit Union Senior Vice President & Chief Financial Officer, Francisco Nebot12/23/11 Lenders One, CEO, Scott Stern12/23/11 Financial Analysis Partners President, David Fleig12/23/11 Platinum Mortgage Corporation, President and CEO, William Giambrone12/23/11 Colorado Mortgage Lenders Association Chairman, T.K. Jones12/23/11 California Mortgage Bankers Association Chair, G. Thomas Dudley12/23/11 Residential Servicer Coalition, Chairperson, Amy Brandt12/23/11 Trustmark National Bank Executive Vice President, Breck Tyler12/23/11 PNC Mortgage, CEO, Saiyid Naqvi12/23/11 Arvest Mortgage Company Vice President, Litigation Administrator, Vicki King Smith12/23/11 Arvest Mortgage Company Vice President, Loan Servicing Assistant Manager, Susan Kuehn12/23/11 Financial Advisory Services Team John Sullivan12/23/11 HomeStreet Bank, Chairman & CEO, Mark K. Mason12/23/11 Member First Mortgage Vice President of Servicing, Libbey Hess 12/23/11 Ameritrust Mortgage Corporation, President, Barbara Walters12/23/11 Arvest Mortgage Company & Central Mortgage Company, Executive Vice President & COO, Steven Plaisance 12/23/11 Ally, Chief Capital Markets Officer, CEO Mortgage Operations, CEO Residential Capital, LLC, Tom A. Marano12/23/11 Chase Senior Senior Vice President, Garry Cipponeri12/23/11 Arvest Mortgage Company, Senior Vice President, Sharon Bradford12/23/11 Congress of the United States House of Representatives, Representative Mike Coffman12/23/11 USAA Vice President, James Jandrisevitz12/23/11 Ohio Credit Union League, General Counsel, John Kozlowski and Director, Compliance & Information, David J. Shoup 12/23/11 Central Mortgage Company, Senior Vice President & Loan Servicing Manager, Lou Ann Howard12/24/11 PHH Mortgage Corporation, Luke S. Hayden, President and Richard J. Bradfield, SCP Capital Markets12/26/11 Aerospace Federal Credit Union, Vice President, Ed Casanova12/26/11 Towne Mortgage Company, President & CEO, Donald G. Calcaterra12/26/11 Quicken Loans CEO, William Emery12/26/11 Parkside Lending LLC, CEO, Matt Ostrander12/26/11 National Consumer Law Center on behalf of its low income clients and The National Association of Consumer Advocates, Of Counsel, Diane Thompson 12/26/11 Wright-Patt Credit Union, Senior Vice President, Timothy Mislansky12/26/11 National Association of Realtors, President, Moe Veissi12/27/11 Community National Bank, President, Stephen P. Marsh12/27/11 US Bank Regional Manager, Jannine Bielesch12/27/11 ____ Bank12/27/11 Phoenix Capital, Executive Vice President, Michael Lau12/27/11 University Bank, President & CEO, Stephen Lange Ranzini12/27/11 Guaranty Bank, Senior Vice President, Craig Ahles12/27/11 Credit Union National Association, Counsel for Special Projects, Kristina Del Vecchio12/27/11 Mitch Hogins12/27/11 The Collingwood Group, Managing Director, Brian T. O'Reilly12/27/11 Guaranty Trust Company Vice President, David Houghtlin12/27/11 Center for Responsible Lending, Policy Counsel, Kenneth Edwards
