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
Capital Requirements based on Utility and General business Models For the purpose of determining true risk based Enterprise Capital Requirements in a fair and reasonable manner FnF business needs to be classified in to 2 categories. 1. Gov Policy Mandated Utility Business Model: This business is to comply with Gov policy based mandates like affordable housing , counter cyclical roles... This should be considered as utility model based business. For this type of business, Gov should underwrite all FnF business transactions/investments, guarantee resonable ROI and pay service fees. So there should not be any capital requirements since this business is underwritten by Gov. 2. General Business Model: For this type of business, the capital requirements must determined based type of risks involved. Since FnF are involved specialized insurance business, the insurance standards should be used and not the banking standards.
