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 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...
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
As part of FHFA's 2015 and 2016 Scorecards for Fannie Mae, Freddie Mac, and Common Securitization Solutions, each Enterprise undertook an assessment of the potential impact of updating the Enterprise credit score requirement from Classic FICO to another score(s). The assessment was limited to third party credit score models available at all three national consumer reporting agencies, also known as credit bureaus or credit reporting agencies (CRAs).The assessment was also limited to mortgage loan applications received from lenders and mortgage loans acquired by the Enterprises. The credit score models independently analyzed by the Enterprises were – Classic FICO, FICO 9, and VantageScore 3.0.
This Request for Input (RFI) is intended to gather feedback from all interested parties impacted by a possible change in the Enterprise requirements, including consumer groups and industry stakeholders that might have already provided input to FHFA.
The Credit Score RFI discusses the credit score models under consideration by FHFA; industry use of credit scores; credit score competition; and operational, timing, and other considerations. It also includes questions on credit score usage, operational impacts of the options under consideration, issues related to competition in the credit score market, and possible changes to the tri-merge credit report requirement.
FHFA encourages stakeholders to provide meaningful and detailed responses to the RFI and to make those responses public whenever possible to inform broader public discourse on these issues. However, FHFA also encourages stakeholders to
contact FHFA if a stakeholder seeks to provide confidential or proprietary information as part of its response and wishes to request that the information not be made public.
View Request for Input (link to PDF)
[Select Credit Score in the pull down]
View Input Submitted
Submit your questions to us via email.
FHFA Issues Request for Input on Fannie Mae and Freddie Mac Credit Score Requirement (12/20/2017)
FHFA Insights Blog:
FHFA Needs Your Feedback on Credit Score Requirements (1/18/2018)
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