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 2017 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.
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Washington, D.C. – The Federal Housing Finance Agency (FHFA) issued a Progress Report today summarizing the 2017 activities of Fannie Mae and Freddie Mac (the Enterprises) to further FHFA's three strategic objectives as conservator: Maintain, Reduce, and Build.
The Report describes efforts taken by the Enterprises during 2017 to address factors limiting access to mortgage credit for creditworthy borrowers, to mitigate and prevent foreclosures, and to responsibly reduce severely-aged delinquent loans, nonperforming loans, and real estate owned properties. The Report describes Enterprise activities to reduce taxpayer risk, including efforts to expand single- and multi-family credit risk transfer transactions and activities to reduce the Enterprises' retained portfolios. The Report also highlights progress made on the Single Security Initiative and on the Common Securitization Platform. In addition, the Report describes the Enterprises' ongoing efforts to promote diversity and inclusion in all Scorecard activities.
"This is the fifth annual report detailing the significant steps taken by FHFA, in collaboration with Fannie Mae, Freddie Mac, and Common Securitization Solutions, to meet our conservatorship objectives," said FHFA Director Melvin L. Watt. "It also underscores our continuing commitment to transparency and to meeting these objectives in a safe and sound manner."
Interested parties are invited to provide input on this Report. Feedback can be submitted electronically, or to the Federal Housing Finance Agency, Office of Strategic Initiatives, 400 7th Street, S.W., Washington, DC 20219.
Link to Progress Report
Media: Corinne Russell (202) 649-3032 / Stefanie Johnson (202) 649-3030Consumers: Consumer Communications or (202) 649-3811
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