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Annual Housing Report

Annual Housing Report - 2014

Published: 10/30/2014

This report covers the 2013 housing activities of Fannie Mae and Freddie Mac, fulfilling the statutory requirement of section 1324 of the Safety and Soundness Act. Fannie Mae and Freddie Mac acquired $1.048 trillion of single-family owner-occupied loans and provided funding for 772,241 multifamily rental units in 2013.

This report includes information on the Enterprises’ performance under their statutory annual housing goals in 2013. The Safety and Soundness Act requires FHFA to establish several annual housing goals for both single-family and multifamily mortgages purchased by Fannie Mae and Freddie Mac. The housing goals include separate categories for single-family and multifamily mortgages on housing that is affordable to low-income and very low-income families, among other categories. The annual housing goals are one measure of the extent to which the Enterprises are meeting their public purposes, which include “an affirmative obligation to facilitate the financing of affordable housing for low- and moderate-income families in a mannerconsistent with their overall public purposes, while maintaining a strong financial condition and a reasonable economic return.” FHFA’s evaluation of the Enterprises’ performance in reaching the 2013 goals is still underway.​

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