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 2018 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.
FHFA economists and policy experts provide reliable research and policy analysis about critical topics impacting the nation’s housing finance sector. Meet the experts...
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Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released An Update on the Common Securitization Platform. The Update details progress made in the development of a new infrastructure for the securitization of single-family mortgages by Fannie Mae and Freddie Mac. Developing the Common Securitization Platform (CSP) is a key goal of FHFA's 2014 Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac. Building and testing the CSP is a 2015 Scorecard item for both companies and for Common Securitization Solutions, LLC (CSS), a joint venture company that was established by Fannie Mae and Freddie Mac to lead the work on this project.
The Update includes details on the organizational structure of CSS and the various modules that comprise the CSP and their functions. In addition, the Update looks ahead to the anticipated announcement in 2016 of an implementation date for Release 1, the initial use of the CSP by Freddie Mac, followed by Release 2 that will enable both Freddie Mac and Fannie Mae to use the CSP to issue Single Securities. The Update also describes ongoing efforts to seek input from industry stakeholders, including formation of a Single Security/CSP Industry Advisory Group.
"Developing the CSP is a large scale, multi-faceted project," said FHFA Director Melvin L. Watt. "This Update details significant progress that has been made to date in building and testing the CSP, and toward launching a Single Security. Together, these projects will bring us much closer to the goal of improving the overall liquidity of the mortgage market. They will also reduce costs for Fannie Mae and Freddie Mac and taxpayers," Watt said.
FHFA welcomes public input on this Update from interested parties. Input can be submitted electronically via FHFA.gov, or to the Federal Housing Finance Agency, Office of Strategic Initiatives, 400 7th Street, S.W., Washington, DC 20024. All submissions received will be made public and posted to FHFA's website.
Link to An Update on the Common Securitization Platform
The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 11 Federal Home Loan Banks. These government-sponsored enterprises provide nearly $5.7 trillion in funding for the U.S. mortgage markets and financial institutions. Additional information is available at
www.FHFA.gov, on Twitter
Media: Corinne Russell (202) 649-3032 / Stefanie Johnson (202) 649-3030Consumers: Consumer Communications or (202) 649-3811
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