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
Have questions?If you have additional questions about the program, please call the Homeowner’s HOPE™ Hotline at
1-888-995-HOPE (4673). If you need help working with your mortgage company, or believe that you have been wrongfully denied for a modification, please call the hotline and ask for “MHA Help.”
See Fannie Mae (https://www.knowyouroptions.com/) and Freddie Mac(http://myhome.freddiemac.com) sites for more information.
HAMP® – the Home Affordable Modification Program – is part of the Making Home Affordable® Program (MHA)® to help homeowners get mortgage relief and avoid foreclosure.
Through HAMP, homeowners who are not unemployed but struggling to make their monthly mortgage payments, may lower their monthly payments and make them more affordable and sustainable for the long-term.
If you currently occupy your home as your primary residence, contact your
mortgage servicer as soon as possible to begin the HAMP evaluation process.
You may be able to qualify for HAMP if you meet all of the following requirements:
You obtained your mortgage on or before
January 1, 2009.
You owe up to $729,750 on your primary residence or single unit rental property.
You owe up to $934,200 on a 2-unit rental property; $1,129,250 on a 3-unit rental property; or $1,403,400 on a 4-unit rental property.
The property has not been condemned.
You have a financial hardship and are either delinquent or in danger of falling behind on your mortgage payments (non-owner occupants must be delinquent in order to qualify).
You have sufficient, documented income to support a modified payment.
You must not have been convicted within the last 10 years of felony larceny, theft, fraud or forgery, money laundering or tax evasion, in connection with a mortgage or real estate transaction.
If this sounds like you, contact your
mortgage servicer to see if you are eligible to begin the HAMP evaluation process.
Not all servicers participate in the program. If yours does not, they may offer their own foreclosure prevention solutions that might be best suited for your situation. Also, your mortgage servicer may offer you modification alternatives of their own. If your mortgage is owned, insured or guaranteed by Fannie Mae, Freddie Mac, FHA, VA or USDA, ask your mortgage servicer which solutions might be best suited to your situation.
To get started, contact your
mortgage servicer: to discuss your options and determine if HAMP is the right solution for you. Your service provider will direct you through the HAMP application process. Be prepared to provide the following.
Making Home Affordable website for more information on HAMP
If you have additional questions about the program, please call the Homeowner’s HOPE™ Hotline at
© 2017 Federal Housing Finance Agency