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
Since Fannie and Freddie are not banks, they should not be capitalized as banks and should not even be in the same category as banks. Since the GSEs do not make any loans and do not speculate with depositors money (because they have no depositors) they should be allowed much lower capital levels than banks are required to have. Every security that Fannie and Freddie offers to investors is backed by real estate worth as much as or more than the security. The recent housing crisis proved, beyond any doubt, that Fannie and Freddie would continue to operate, continue to cash flow, and continue to function well even if housing values declined 25%. Fannie and Freddie’s securities are fully collateralized; there is no need for a large capital cushion.
