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 2018 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
The Federal Housing Finance Agency (FHFA) is kicking off a new social media campaign, #HARPNow, to let more than 367,600 homeowners across the U.S. know that now is the time to take advantage of the Home Affordable Refinance Program®, or HARP®, before it expires on December 31, 2016.
Beginning today, FHFA will use Twitter, LinkedIn and YouTube, to reach homeowners in the Top 10 states with the greatest concentration of borrowers who are eligible for HARP and stand to save money by refinancing through the program:
1) Florida – 51,100
6) California – 16,733
2) Illinois – 32,169
7) Pennsylvania – 15,290
3) Michigan – 28,825
8) New Jersey – 13,798
4) Ohio – 27,299
9) New York – 12,234
5) Georgia – 23,658
10) Maryland – 11,879
While more than 3.3 million U.S. homeowners have already refinanced their homes through HARP, FHFA estimates that 367,695 additional borrowers in the U.S. could save as much as $200 per month, or $2,400 per year, with a HARP refinance.  This is real savings to families.
HARP was created by FHFA and the U.S. Department of the Treasury during the financial crisis to help homeowners with little to no equity refinance into a more stable and affordable mortgage. HARP was designed for borrowers who have remained current on their mortgage payments.
As part of our HARP outreach efforts, FHFA has teamed up with the Treasury Department, Fannie Mae, Freddie Mac and local housing experts for town hall-style events in
Atlanta, Newark and Columbus. Throughout 2016, FHFA will continue to get the word out about HARP and will hold webinars for states with the highest numbers of remaining HARP-eligible borrowers. The webinars are designed to educate trusted local sources about HARP and encourage eligible homeowners to take advantage of the real savings available to them through a HARP refinance.
We are asking for your help to get the word out about HARP. You can retweet and favorite our Twitter posts and share our LinkedIn posts and YouTube videos. You can also get more information about how to apply for HARP on our website,
www.HARP.gov, or view our updated,
interactive map of HARP-eligible borrowers by state, metropolitan statistical area, county and zip code. Follow
@FHFA on Twitter,
YouTube and help us get the information to those who could #HARPNow and save on their mortgage.
More information at http://www.harp.gov/HARPNow Data as of September 2015. Source:
Home Affordable Refinance Program (HARP)
Special Advisor to FHFA Director
© 2018 Federal Housing Finance Agency