Our mission is to ensure the Housing Government-sponsored Enterprises operate in a safe and sound manner so they serve as a reliable source of liquidity and funding for housing finance and community investment. Together these institutions provide more than $5 trillion in funding for the U.S. mortgage markets and financial institutions.
Read about the agency’s 2014 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 2015 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.
See HPI Crosswalk to map former filenames or links to the new website's format.
Jan. 22 - Monthly
Feb. 26 - Quarterly
Mar. 24 - Monthly
Apr. 22 - Monthly
May 26 - Quarterly
June 23 - Monthly
July 22 - Monthly
Aug. 25 - Quarterly
Sept. 22 - Monthly
Oct. 22 - Monthly
Nov. 25 - Quarterly
Dec. 22 - Monthly
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
In December 2010, FHFA published a final rule establishing
housing goals for the Federal Home Loan Banks (FHLBanks) in the
Federal Register. The housing goals measure the extent that acquired member assets programs of the FHLBanks are serving low- and very low-income families and families residing in low-income areas.
The housing goals for the FHLBanks are modeled on with the single-family housing goals for Fannie Mae and Freddie Mac (according to the statutory intent of the Housing and Economic Recovery Act of 2008) but they take into account the unique characteristics of the FHLBanks. In addition, the Federal Home Loan Bank Act required each of the Federal Home Loan Banks to establish an
Affordable Housing Program, and they have done so.
The Federal Housing Enterprises Financial Safety and Soundness Act of 1992 required the setting of annual housing goals for Fannie Mae and Freddie Mac and the monitoring of performance in achieving these goals. FHFA sets and monitors the performance on meeting the established goals. On November 13, 2012, FHFA published a final rule establishing calendar years 2012-14
housing goals for Fannie Mae and Freddie Mac.
The FHLBanks purchase loans from their members under the acquired member assets program, a whole loan mortgage purchase program.
The FHLBanks’ housing goals performance is based on single-family whole loans purchased through their acquired member assets programs. In 2013, 8 of the 12 FHLBanks purchased whole loans through those programs.
Affordable Housing Program
From 1990, when the AHP was authorized, through 2013, the FHLBanks awarded over $4.4 billion in AHP subsidies, assisting over 724,000 housing units.
Community Investment Program
In 2013, the FHLBanks issued approximately $2.7 billion in Community Investment Program advances for housing projects and approximately $25 million for economic development projects.
Community Investment Cash Advance Program
In 2013, the FHLBanks issued approximately $2.6 billion in Community Investment Cash Advance advances for such projects as commercial, industrial, manufacturing, social services, and public facilities.
Read more about the Federal Home Loan Banks' affordable housing activities.
Under the Housing and Economic Recovery Act and FHFA regulations, Fannie Mae and Freddie Mac are subject to the following:
four single-family affordable housing goals;
one single-family housing subgoal;
one multifamily special affordable housing goal, and
one multifamily housing subgoal.
On November 13, 2012, FHFA published a final rule establishing housing goals for calendar years 2012-14. These differed somewhat from the goals that were in effect for 2010 and 2011.
The levels of the percentage-based single-family goals were the same for both Fannie Mae and Freddie Mac.
Because the multifamily goals are unit-based, and because Fannie Mae has a larger multifamily mortgage purchase program than Freddie Mac, these goals were set at higher levels for Fannie Mae than for Freddie Mac.
Read more about
Fannie Mae's and Freddie Mac's affordable housing goals.
© 2015 Federal Housing Finance Agency