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 2020 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.
Implement critical reforms that will produce a stronger and more resilient housing finance system.
FOSTER competitive, liquid, efficient, and resilient (CLEAR) national housing finance markets that support sustainable homeownership and affordable rental housing; OPERATE in a safe and sound manner appropriate for entities in conservatorship; and PREPARE for eventual exits from the conservatorships.
2019 Conservatorships Strategic Plan
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...
On November 10, 2020, the Federal Housing Finance Agency (FHFA) announced that Fannie Mae and Freddie Mac (the Enterprises) Validated and Approved the Classic FICO credit score model for use in accordance with FHFA’s Final Rule and the requirements in Section 310 of the Economic Growth, Regulatory Relief, and Consumer Protection Act enacted on May 24, 2018.
The Enterprises will continue the validation and approval process for newer credit score models under requirements established by FHFA's final rule. If a credit score model is validated and approved by the Enterprises, implementation of the newer credit score model will be a multiyear effort.
Link to Fannie Mae Announcement
Link to Freddie Mac Announcement
Submit your questions to us via email.
Joint Credit Score Solicitation
News Release: Fannie Mae and Freddie Mac Publish Joint Enterprise Credit Score Solicitation (2/18/2020)
Fannie Mae Credit Score Solicitation (2/18/2020)
Freddie Mac Credit Score Solicitation (2/28/2020)
Final Rule Resources
News Release: FHFA Publishes Final Rule on Credit Score Models (8/13/2019)
Validation and Approval of Credit Score Models (8/13/2019)
Validation and Approval of Credit Score Models - Final Rule (8/13/2019)
Proposed Rule Resources
Validation and Approval of Credit Score Models Proposed Rule(1/9/2019)
Webinar Transcript: Validation and Approval of Credit Score Models Proposed Rule (1/9/2019)
Webinar Slide Presentation:
Validation and Approval of Credit Score Models Proposed Rule (1/9/2019)
Validation and Approval of Credit Score Models by the Enterprises (12/13/2018)
FHFA Issues Proposed Rule on Validation and Approval of Credit Score Models (12/13/2018)
FHFA Fact Sheet: Validation and Approval of Credit Score Models by the Enterprises (12/13/2018)
Decision to Shift Focus to Implementation of the Act
FHFA Announces Decision to Stop Credit Score Initiative (7/23/2018)
Mortgage Industry Use of Credit Scores (7/23/2018)
Request for Input
FHFA Extends Deadline to March 30 for Request for Input on Fannie Mae and Freddie Mac Credit Score Requirements (2/2/2018)
FHFA Insights Blog: FHFA Needs Your Feedback on Credit Score Requirements (1/18/2018)
News Release: FHFA Issues Request for Input on Fannie Mae and Freddie Mac Credit Score Requirement (12/20/2017)
View Request for Input (Input was due March 30, 2018)
View Input Submitted (Select
Credit Score in the pull down)
Page last updated: November 10, 2020
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