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 2013 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 2014 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.
Aug. 26 - Quarterly
Sep. 23 - Monthly
Oct. 23 - Monthly
Nov. 25 - Quarterly
Dec. 23 - Monthly
Jan. 22 - Monthly
Feb. 26 - Quarterly
Mar. 24 - Monthly
Apr. 22 - Monthly
May 26 - Quarterly
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 2012, FHFA began a major initiative to build a national mortgage database on first-lien single-family mortgages in existence any time from January 1998 forward.
This project is being jointly funded and managed by FHFA and the Consumer Financial Protection Bureau.
The information will primarily be used to support the agencies' policy making and research efforts and help regulators better understand emerging mortgage and housing market trends in this evolving and changing finance market.
Information in the database will not identify any individual and we have put safeguards in place to ensure that information in the database is handled in accordance with federal privacy laws and the Fair Credit Reporting Act.
The database will be comprehensive, and there are many possibilities for how it may be used. Some examples include:
Because the data goes back to 1998, the database can be used to assess the causes of the recent subprime crisis.
The database will allow the agencies to monitor volume and performance of products in the mortgage market and help regulators to identify potential problems or new risks.
The database will provide detailed mortgage loan performance information including whether payments are made on-time, as well as information regarding loan modifications, foreclosures, and bankruptcies. This will help policy makers better understand how various products are being used and how they are performing.
The database can be used to evaluate the efficacy and potential impact of counseling programs.
The database will include a voluntary survey component that measures variables such as borrowers’ expectations, knowledge, and financial circumstances. These data can be used to analyze the suitability of borrowers’ mortgage choices and identify predatory lending. Read more about the
National Survey of Mortgage Borrowers.
The database will provide information on mortgage access and mortgage terms for low-income borrowers and communities faster than data required by the Home Mortgage Disclosure Act, or HMDA. Currently, HMDA data become available in September of the year following the originations.
The database can be used by policy makers, researchers, and regulators to improve prepayment and default modeling. For example, survey information on “trigger events” coupled with house-price estimates can be used to examine the role of these factors in mortgage default. Data may also be used to implement stress-test scenarios for the entire national mortgage market.
The database will include information about:
loan performance from origination to termination;
property value and characteristics;
membership in federal loan programs;
sale in the secondary mortgage market; and
information on all loan cosigners, including second liens, other past and present mortgages, and credit scores from one year before origination to one year after termination.
NMDB Update 8/1/2014
NMDB News Release 11/1/12
© 2014 Federal Housing Finance Agency