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 2020 examinations of Fannie Mac, Freddie Mac and the Home Loan Bank System.
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Implement critical reforms that will produce a stronger and more resilient housing finance system.
FOSTER competitive, liquid, efficient, and resilient (CLEAR) national housing finance markets that support sustainable homeownership and affordable rental housing; OPERATE in a safe and sound manner appropriate for entities in conservatorship; and PREPARE for eventual exits from the conservatorships.
2019 Conservatorships Strategic Plan
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.
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Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released a report providing updated information on possible ranges of future financial results of Fannie Mae and Freddie Mac under specified scenarios. The report,
Projections of the Enterprises’ Financial Performance, reflects results of stress tests Fannie Mae and Freddie Mac are required to conduct, starting this year, under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The stress tests are designed to determine whether Fannie Mae and Freddie Mac could absorb losses as a result of adverse economic conditions.
The report also contains the results of annual financial results projections that FHFA has published since 2010 (the “FHFA scenarios”). The FHFA scenarios reflect forward-looking financial projections across three possible house price paths and were developed in conjunction with Fannie Mae and Freddie Mac. Next year, only the Dodd-Frank Act Stress Tests will be required.
Projections of the Enterprises' Financial Performance
2014 Summary Instructions and Guidance
2014 Scenario Assumptions (PDF)
2014 Scenario Assumptions (spreadsheet)
2014 Global Market Shock Assumptions (spreadsheet)
2014 Reporting Templates – Enterprises (spreadsheet)
2014 Reporting Templates – Scenario Variables and Assumptions (spreadsheet)
The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks. These government-sponsored enterprises provide more than $5.6 trillion in funding for the U.S. mortgage markets and financial institutions.
Corinne Russell (202) 649-3032 / Stefanie Johnson (202) 649-3030
© 2021 Federal Housing Finance Agency