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
Washington, D.C. – The Federal Housing Finance Agency (FHFA) issued a Progress Report today summarizing the activities Fannie Mae and Freddie Mac (the Enterprises) took in 2015 in furtherance of FHFA’s three strategic objectives as conservator: Maintain, Reduce, and Build.
The Progress Report details efforts taken to counter the restrained access to credit for creditworthy borrowers, help financially struggling borrowers and hardest-hit communities avoid or mitigate the impact of foreclosures, and support affordable multifamily lending. The Progress Report also describes the Enterprises’ credit risk transfer programs and other activities to increase the role of private capital in the secondary mortgage market, as well as their ongoing work to develop the Common Securitization Platform and a Single Security. In addition, the Progress Report describes Fannie Mae and Freddie Mac’s actions to promote diversity and inclusion in furtherance of the strategic goals of the conservatorships.
“This Progress Report underscores our commitment to accomplishing our goals of fostering liquidity and efficiency in the housing finance markets, reducing risk to taxpayers, and building a new mortgage securitization infrastructure, and our commitment to doing so in a safe and sound manner,” said FHFA Director Melvin L. Watt. “Working collaboratively with Fannie Mae and Freddie Mac, we have accomplished a tremendous amount over the past year and we look forward to building on this success in 2016.”
Interested parties are invited to provide written input on this report via email to:
© 2016 Federal Housing Finance Agency