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 2016 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 2016 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.
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 6, 2014 to a 5-year term as the first Senate-confirmed Director of FHFA.
Read more about Director Watt
Approximately 88,800 foreclosure prevention actions were completed during the first quarter, bringing the total to nearly 3.2 million since the start of conservatorships in September 2008. More than 2.6 million of these actions have helped troubled homeowners stay in their homes including 1.6 million permanent loan modifications.
Forty-two percent of all permanent loan modifications in the first quarter helped to reduce homeowners' monthly payments by over 30 percent.
The number of the Enterprises' serious delinquent borrowers decreased 8 percent during the first quarter.
The Enterprises' serious delinquency rate fell to 2.2 percent at the end of the quarter compared with 6.7 percent for Federal Housing Administration (FHA) loans, 3.6 percent for Veterans Affairs (VA) loans and 5.0 percent for all loans (Industry average).
Third-party sales and foreclosure sales fell slightly to 47,300 while foreclosure starts dropped 25 percent to nearly 84,700 in the first quarter.
REO inventory declined 3 percent during the quarter to nearly 146,000 as property dispositions outpaced property acquisitions.
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© 2017 Federal Housing Finance Agency