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.
Meet the experts...
Glossary - Spanish / English
Language Translation Disclosure
The Duty to Serve (DTS) requires Fannie Mae and Freddie Mac (Enterprises) to facilitate a secondary market for mortgages on housing for very low-, low-, and moderate-income families in: Manufactured housing, Affordable housing preservation, and Rural housing. The 2018-2020 Plans describe specific activities each Enterprise will undertake to fulfill their Duty to Serve obligations in each underserved market.
Click to access the Duty to Serve Data and Tools page, containing datasets on rural areas, Indian tribe areas, high opportunity areas, and areas of concentrated poverty.
Below is one of our interactive dashboards for the high-needs rural region, which is also featured on our Data and Tools page along with our other data tools. This visualization along with dashboards on rural regions and manufactured housing titled as real property, allow users to see 2017 data on acquisitions of loans that meet DTS criteria by trends, states, counties, along with various loan characteristics.
2017 DTS Single-Family Dashboard
FHFA Updates "Snapshots" of Fannie Mae and Freddie Mac's Duty to Serve Plans
On December 19, 2018, the Federal Housing Finance Agency published Fannie Mae and Freddie Mac's (the Enterprises) modified Underserved Markets Plans for 2018-2020 under the Duty to Serve program. To help simplify what is in the modified Plans and help stakeholders find the most relevant parts of each Plan, we have created 11 Snapshots that further break down the three main markets so interested parties could quickly find a topic or opportunity of interest. We hope that these updated 11 DTS Snapshots, will be a helpful guide for stakeholders.
If you would like to see what the Enterprises modified in their Plans, please see respective pages provided here:
Fannie Mae's Modified Plan, Justifications and Snapshots
Freddie Mac's Modified Plan, Justification and Snapshots
Modified Underserved Markets Plans (Revised 12/19/2018)
On December 19, 2018, the Federal Housing Finance Agency published Fannie Mae and Freddie Mac's (the Enterprises) modified Underserved Markets Plans for 2018-2020 under the Duty to Serve program. The Plans, originally published Dec. 18, 2017 became effective Jan. 1, 2018.
Each Enterprise adopted a three-year Underserved Markets Plan. The activities proposed by the Enterprises are subject to FHFA review and approval to ensure compliance with the Enterprises' Charter Acts, safety and soundness, and other conservatorship and regulatory requirements. Under the Duty to Serve rule and FHFA's Evaluation Guidance, an Enterprise may propose to modify its Plan at any point if future events affect its ability to achieve the Plan's original objectives.
Fannie Mae's Modified Plan and Justifications
Freddie Mac's Modified Plan and Justification
Jim Gray, Manager of the Duty to Serve program, gives an overview of the program.
Matt DouglasDuty to Serve Assistant Program Manager
Jim GrayDuty to Serve Program Manager
Rebecca CohenDuty to Serve Senior Policy Analyst
Mary OwensDuty to Serve Affordable Multifamily Specialist
Geenae R. Rivera SotoDuty to Serve Program Analyst
Tanya WintersDuty to Serve Senior Policy AnalystMeet the Experts
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© 2018 Federal Housing Finance Agency