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 2016 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 6, 2014 to a 5-year term as the first Senate-confirmed Director of FHFA.
Read more about Director Watt
Washington, D.C. – Mel Watt, who was sworn in on January 6, 2014 as Director of the Federal Housing Finance Agency, today announced the appointment of four special advisors—Megan Moore, Bob Ryan, Eric Stein and Mario Ugoletti—to provide counsel on policy and strategic decisions at the FHFA.
Megan Moore will join the FHFA as Special Advisor – Intergovernmental. Moore has worked at the U.S. Department of the Treasury since June 2009, most recently as Deputy Assistant Secretary for Housing, Small Business and TARP in the Office of Legislative Affairs. Moore also worked in the U.S. House of Representatives from 2006 to 2009. Moore holds a Master’s degree in Public Administration from Baruch College at City University of New York and a Bachelor’s degree from Howard University. Moore will join the FHFA later in January.
Bob Ryan will join the FHFA as Special Advisor – Industry. Ryan most recently served as a Senior Vice President of capital markets at Wells Fargo Home Mortgage. From 2009 to 2012 he was a Senior Advisor to U.S. Department of Housing and Urban Development Secretary Shaun Donovan and served as the first chief risk officer at the Federal Housing Administration. Ryan also spent 26 years at Freddie Mac. Ryan earned a B.S. in Business from George Mason University. He will also join the FHFA later in January.
Eric Stein will serve initially as Special Advisor and Acting Chief of Staff and later will become Special Advisor – Consumer. He previously worked at Self-Help and the Center for Responsible Lending for 17 years, most recently as Senior Vice President. Stein also served at the Treasury Department as Deputy Assistant Secretary for Consumer Protection from 2009 to 2010. Stein holds a law degree from Yale University and a B.A. from Williams College. Stein joined the FHFA on January 7.
Mario Ugoletti has served as a Special Advisor to the Acting Director of the FHFA since 2009 and has been appointed by Mr. Watt as Special Advisor – Agency. Prior to joining the FHFA, Ugoletti spent 14 years at the Treasury Department and served as Director of the Office of Financial Institutions Policy from 2004 to 2009. Ugoletti has a Ph.D. in Economics from Penn State University.
“I am very pleased that Megan, Bob, Eric and Mario have agreed to be part of the FHFA team and to provide solid advice and perspective on the important issues I will be facing as Director of the Agency. Along with the strong staff already in place, these advisors have diverse skills and experience in housing finance policy that will help me build a stronger foundation for our nation’s housing finance system,” said Watt.
The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 12 Federal Home Loan Banks. These government-sponsored enterprises provide more than $5.5 trillion in funding for the U.S. mortgage markets and financial institutions.
© 2017 Federal Housing Finance Agency