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  • we are FHFA

    An independent regulatory agency, we oversee vital components of the secondary mortgage market including Fannie Mae, Freddie Mac and the Federal Home Loan Banks.  Our goal is to keep them, and the overall housing finance system, healthy.

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Who we are & what we do 


FHFA is working to strengthen and secure the United States secondary mortgage markets by providing effective supervision, sound research, reliable data, and relevant policies.

We are an independent regulatory agency responsible for the oversight of vital components of the secondary mortgage markets—the housing government sponsored enterprises of Fannie Mae, Freddie Mac and the Federal Home Loan Bank System.  Combined these entities provide more than $5.8 trillion in funding for the U.S.  mortgage markets and financial institutions.  Additionally, FHFA is the conservator of Fannie Mae and Freddie Mac.

We are building a better secondary mortgage market for the future.  FHFA is pursuing a series of initiatives and strategies to improve the future system of housing finance.  One important initiative is the creation of a new Common Securitization Platform that will serve the dual purpose of modernizing current outdated infrastructures and provide the potential for other market participants to use the same infrastructure.

We work with those we regulate to preserve homeownership through the Home Affordable Refinance Program (HARP) and the Home Affordable Modification Program (HAMP).  The programs provide real help to homeowners and communities - to date these programs have helped millions of Americans remain in their homes.

FHFA was created on July 30, 2008, when the President signed into law the Housing and Economic Recovery Act of 2008.


Our Mission

Ensure that the housing government sponsored enterprises operate in a safe and sound manner so that they serve as a reliable source of liquidity and funding for housing finance and community investment.


Our Vision

A reliable, stable, and liquid housing finance system. 


Our Values 

Respect - Respect each other, information and resources.

Excellence - Aspire to excel in every aspect of our work.

Integrity - Commit to the highest ethical and professional standards.

Diversity - Promote diversity in our employment and business practices, and those of our regulated entities.


Our Oversight Role


Fannie Mae & Freddie Mac

 FHFA and the mortgage market chart



Federal Home Loan Bank System

FHFA Regulator of FHLB System chart




Financial Stability Oversight Council


FHFA is a member agency of the Financial Stability Oversight Council.  The Council is charged with identifying risks to the financial stability of the United States; promoting market discipline; and responding to emerging risks to the stability of the United States' financial system.

The other members of the Council are:

Board of Governors Federal Reserve System

Commodity Futures Trading Commission

Consumer Financial Protection Bureau

Federal Deposit Insurance Corporation

National Credit Union Administration

Office of the Comptroller of the Currency

Securities and Exchange Commission

Treasury Department





© 2017 Federal Housing Finance Agency