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FHFA Issues 2020 Report to Congress

Highlights FHFA’s actions taken during the pandemic to keep families in their homes


​​Washington, D.C. –  The Federal Housing Finance Agency (FHFA) today released its annual Report to Congress ​(the Report), covering calendar year 2020. The report highlights FHFA's historic policy response that helped borrowers and renters stay safe in their homes while also ensuring mortgage markets continued to function. Additionally, the Report addresses several topics related to the fulfillment of FHFA's statutory responsibilities and the financial condition of FHFA's regulated entities: Fannie Mae and Freddie Mac (the Enterprises) and the Federal Home Loan Banks (FHLBanks). Those topics include the finalization of a regulatory capital framework for the Enterprises and the reorganization of FHFA. The Report makes recommendations to Congress about potential legislation to enhance the safety and soundness of the regulated entities and move our nation toward a stronger, more resilient housing finance system. 

“2020 was a difficult year for our country. The outbreak of the COVID-19 pandemic upended the lives of millions of American homeowners and renters. I am proud to report that FHFA rose to the historic challenges of COVID-19, while continuing to fulfill our Agency's long-term statutory responsibilities," said Director Calabria.

The report meets the requirements of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Housing and Economic Recovery Act of 2008.  It provides information about FHFA's 2020 examinations of the Enterprises and the FHLBank System.  The report also describes FHFA's actions as conservator of the Enterprises.​

Link to the 2020 Report to Congress



​The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 11 Federal Home Loan Banks. These government-sponsored enterprises provide more than $7.2 trillion in funding for the U.S. mortgage markets and financial institutions. Additional information is available at www.FHFA.gov, on Twitter, @FHFA, YouTube, Facebook,​ and LinkedIn.
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Media: Raffi Williams Raffi.Williams@FHFA.gov / Adam Russell Adam.Russell@FHFA.gov

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