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 2015 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 6th to a 5-year term as the first Senate-confirmed Director of FHFA.
Read more about Director Watt
Melvin L. Watt was confirmed by the United States Senate in December 2013, and sworn in on January 6, 2014 to a five-year term as Director of FHFA. Director Watt previously served in the U.S. House of Representatives from 1992 to 2014 representing the 12th congressional district of North Carolina and served on the Subcommittee on Capital Markets and Government Sponsored Enterprises and Financial Institutions and Consumer Credit on the House Financial Services Committee. Director Watt also served on the House Judiciary Committee, where he was Ranking Member of the Subcommittee on Intellectual Property, Competition and the Internet. Director Watt also served as Chairman of the Congressional Black Caucus.
Before being elected to Congress, Director Watt served in the North Carolina Senate from 1985 to ’86 and practiced law from 1970-1992, specializing in minority business and economic development law in a general practice law firm.
Born in Mecklenburg County, North Carolina on August 26, 1945 he was a Phi Beta Kappa graduate of the University of North Carolina with a BS degree in Business Administration. In 1970 he received a JD degree from Yale University Law School and was a published member of the Yale Law Journal.
Director Watt is married to Eulada Paysour Watt, an educator. They have two sons, Brian and Jason, both of whom are graduates of Yale University and have earned graduate degrees.
"I am honored to serve as Director of the Federal Housing Finance Agency. Today’s housing finance system is one of the keys to our economic recovery and I am grateful for the opportunity to help develop a strong foundation for moving this system forward for the benefit of all Americans at this critical point in our nation’s history." Director Watt, January 6, 2014
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