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Welcome to the Government page of FHFA’s website.  This page provides consolidated resources for federal, state and local government personnel who are interested in the nation’s housing finance system.


I want to:

  1. Read FHFA's latest Annual Report to Congress.

  2. Read the latest Strategic Plan for Conservatorships or the latest Scorecard.

  3. Read recent Research.

  4. Download Data.

  5. Read recent Speeches or Testimony.

 

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Key Legislation

 

Short Title (Citation)

Document

FEDERAL HOME LOAN BANKS

Federal Home Loan Bank Act

12 U.S.C. 1421 et seq.
(Public Law 72-304 (1932))

Established the Federal Home Loan Bank System.

GPO Text / PDF

FEDERAL HOUSING FINANCE AGENCY CHARTER

Federal Housing Enterprises Financial Safety and Soundness Act of 1992

12 U.S.C. 4501 et seq.
(Public Law 102-550 (1992))

Primary statutory authorization for FHFA’s regulation of Fannie Mae, Freddie Mac and the Federal Home Loan Bank System, including supervision of housing mission and goals and actions as conservator or receiver for Fannie Mae, Freddie Mac or any Federal Home Loan Bank.

Housing and Economic Recovery Act of 2008

(Public Law 110-289 (2008))

Amended the Safety and Soundness Act to create FHFA, place regulation of Fannie Mae, Freddie Mac and the Bank System under one regulator, enhance supervision of these regulated entities, and enhance FHFA's authorities as conservator or receiver. 

GPO Text / PDF










 
GPO Text / PDF

FREDDIE MAC CHARTER

Federal Home Loan Mortgage Corporation Act

12 U.S.C. 1451 et seq.
(Public Law 91-351 (1970))

Created Freddie Mac and provided authority for Freddie Mac’s activities.

GPO Text / PDF

FANNIE MAE CHARTER

Federal National Mortgage Association Charter Act

12 U.S.C. 1716 et seq.
(Public Law 84-345,National Housing Act, Title III (1934), as amended by the Housing and Urban Development Act of 1968)

Created Fannie Mae and provided authority for Fannie Mae’s activities. Amendment in 1968 created the Government National Mortgage Association (Ginnie Mae), supervised by the Department of Housing and Urban Development.

GPO Text / PDF

Find regulations pertaining to FHFA supervision at eCFR.

CONGRESSIONAL LETTERS


 Related Information

 

 

Foreclosure Prevention, Refinance and FPM Report - January 202133252<h2>​January&#160;2021&#160;Highlights - Foreclosure Prevention</h2><div> <strong></strong>&#160;</div><div> <strong>The Enterprises' Foreclosure Prevention Actions&#58;</strong><br></div><div><ul><li>The Enterprises completed 71,932 foreclosure prevention actions in January, bringing the total to 5,660,185 since the start of the conservatorships in September 2008. Approximately 43 percent of these actions have been permanent loan modifications.<br></li><li>There were 3,231 permanent loan modifications in January, bringing the total to&#160;2,444,197 since the conservatorships began in September 2008.<br></li><li>Eleven&#160;percent of modifications in&#160;January were modifications with principal&#160;forbearance. Modifications with extend-term only accounted for 67 percent of all loan&#160;modifications during the month.</li><li>The number of borrowers who received payment deferrals after completing a COVID-19&#160;related forbearance plan decreased from 44,575 in&#160;December 2020&#160;to 38,976 in January 2021.<br></li><li>Initiated forbearance plans decreased 23 percent from 61,929 in December to 47,866 in January. The total number of loans in forbearance plan also decreased from 804,559 at the end of December 2020 to 771,369 at the end of January 2021, representing approximately 2.6% of the total loans serviced, and 68 percent of the total delinquent loans.</li><li>There were&#160;232 short sales and deeds-in-lieu of foreclosure completed in January 2021, down 14 percent compared with December 2020.</li></ul></div><div> <strong>The Enterprises' Mortgage Performance&#58;&#160;</strong></div><div><ul><li>The 30-59 days delinquency rate decreased to 0.90 percent, while the serious delinquency rate dropped from 2.78 percent at the end of December to 2.70 percent at the end of January.</li></ul></div><div> <strong>The Enterprises' Foreclosures&#58;</strong><br></div><div><ul><li>​Third-party and foreclosure sales increased&#160;6 percent to&#160;624 while foreclosure starts&#160;decreased&#160;9 percent to&#160;2,076 in January.<br></li></ul></div><h2>January&#160;2021 Highlights - Refinance Activities</h2><div><ul><li>Total refinance volume rose in January 2021 amid historic low mortgage rates through December. Mortgage rates increased in January&#58; the average interest rate on a 30-year fixed rate mortgage rose to 2.74 percent from 2.68 percent in December.</li><li>In January, 10 refinances were completed through the High LTV Refinance Option, bringing total refinances through the High LTV Refinance Option from the inception of the program to 150.</li><li>The percentage of cash-out refinances decreased to 27 percent in January from 29 percent in December, remaining below the levels observed in the previous few years. Mortgage rates have reached historic low levels, creating more opportunities for non cash-out borrowers to refinance at lower rates and lower their monthly payments.<br></li></ul></div>4/16/2021 2:45:39 PMHome / About FHFA / Reports / Foreclosure Prevention, Refinance and FPM Report - January 2021 Foreclosure 350https://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
Freedom of Information Act (FOIA) Report - FY 202033178<p>​The FOIA requires each federal agency to submit an Annual Report to the Attorney General each year.&#160; These reports contain detailed statistics on the numbers of requests received and processed by each agency, the time taken to respond, and the outcome of each request, as well as many other vital statistics regarding the administration of the FOIA at federal departments and agencies.</p>4/1/2021 2:30:21 PMHome / About FHFA / Reports / Freedom of Information Act (FOIA) Report - FY 2020 FOIA Annual Report 279https://www.fhfa.gov/AboutUs/Reports/Pages/Forms/AllItems.aspxhtmlFalseaspx
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FHFA House Price Index Up 1.0 Percent in January; Up 12.0 Percent from Last Year33157<p>​<strong>Washington, D.C. </strong>– House prices rose nationwide in January, up <strong>1.0 percent</strong> from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI<sup>®</sup>). &#160;House prices rose <strong>12.0 percent </strong>from January 2020 to January 2021. The previously reported 1.1 percent price change for December 2020 was revised upward to 1.2 percent.&#160;</p><p>For the nine census divisions, seasonally adjusted monthly house price changes from December 2020 to January 2021 ranged from -<strong>0.2 percent</strong> in the East South Central division to +<strong>1.5 percent</strong> in the Mountain division.&#160; The 12-month changes ranged from +<strong>10.2 percent</strong> in the West South Central division to +<strong>14.8 percent</strong> in the Mountain division.&#160;</p><p>“While house prices experienced historic growth rates in 2020 and into the new year, the monthly gains appear to be moderating&quot; said Dr. Lynn Fisher, FHFA's Deputy Director of the Division of Research and Statistics. “House prices increased by 1.0 percent in January, which is relatively still high, but represents the smallest month-over-month gain since June 2020.&quot;&#160;</p><p>The FHFA HPI is the nation's only collection of public, freely available house price indexes that measure changes in single-family home values based on data from all 50 states and over 400 American cities that extend back to the mid-1970s.&#160; The FHFA HPI incorporates tens of millions of home sales and offers insights about house price fluctuations at the national, census division, state, metro area, county, ZIP code, and census tract levels.&#160; FHFA uses a fully transparent methodology based upon a weighted, repeat-sales statistical technique to analyze house price transaction data.&#160;</p><p>FHFA releases HPI data and reports on a quarterly and monthly basis.&#160; The flagship FHFA HPI uses seasonally adjusted, purchase-only data from Fannie Mae and Freddie Mac.&#160; Additional indexes use other data including refinances, FHA mortgages, and real property records.&#160; All the indexes, including their historic values, and information about future HPI release dates are available on FHFA's website&#58; <a href="/DataTools/Downloads/Pages/House-Price-Index.aspx"> https&#58;//www.fhfa.gov/HPI</a>.&#160;</p><p>FHFA will release its next HPI report on April 27, 2021 with monthly data through February 2021.&#160; </p>3/30/2021 1:00:55 PMWashington, D.C. – House prices rose nationwide in January, up 1.0 percent from the previous month, according to the latest Federal Housing Finance Agency House Price Index 2077https://www.fhfa.gov/Media/PublicAffairs/Pages/Forms/AllItems.aspxhtmlFalseaspx
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