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 2022 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.
As conservator, FHFA is focused on ensuring that each Enterprise builds capital and improves its safety and soundness.
1.
Operate the business in a safe and sound manner.
2.
Promote sustainable and equitable access to affordable housing.
2023 Scorecard
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.
Source: FHFA
FHFA economists and policy experts provide reliable research and policy analysis about critical topics impacting the nation’s housing finance sector. Meet the experts...
Glossaries
COVID-19 Resources
FHFA Publishes Final Rule for 2023-2024 Enterprise Multifamily Housing Goals
Learn more about the final rule.
FHFA Releases Final Rule for 2022-2024 Single-Family and 2022 Multifamily Goals
Learn more about the 2022-2024 single-family and 2022 multifamily housing goals final rule.
"The Size of the Affordable Mortgage Market: 2022-2024 Enterprise Single-Family Housing Goals" details the methodology used to estimate the market size for the Enterprise single-family housing goals.
Learn more about where low income census tracts and minority census tracts are located.
FHFA Releases Housing Goals Data
Learn more about Enterprise housing goals data.
Housing Goals Overview
Under the Federal Housing Enterprises Financial Safety and Soundness Act of 1992, as amended by the Housing and Economic Recovery Act of 2008, Fannie Mae and Freddie Mac are subject to affordable housing goals covering their purchases of single-family mortgages and multifamily mortgages.
There are three single-family housing goals for home purchase mortgages (plus one subgoal) and one single-family housing goal for refinance mortgages.
The single-family home purchase (HP) housing goals are based on the percentage of the total number of home purchase mortgages that an Enterprise purchases each year that are for families in the following categories:
Low-income families (income no greater than 80 percent of area median income);
Very low-income families (income no greater than 50 percent of area median income); and
Families in low-income areas: goal and subgoal.
The single-family refinance housing goal is based on the percentage of the total number of refinance mortgages that an Enterprise purchases each year that are for low-income families (income no greater than 80 percent of area median income).
FHFA is required to estimate the size of the mortgage market in order to establish benchmarks for Fannie Mae and Freddie Mac single-family mortgage housing goals.
There are three multifamily housing goals: a goal for the total number of units affordable to low-income families (income no greater than 80 percent of area median income), a goal for the total number of units affordable to very low-income families (income no greater than 50 percent of area median income), and a goal for the total number of units in small (5- to 50-unit) multifamily properties affordable to low-income families.
Resources
Learn more about Fannie Mae's and Freddie Mac's housing goals performance.Annual Housing Report
Learn more about Fannie Mae's and Freddie Mac's housing goals data.
Housing Goals Final Rule for 2023-2024 Multifamily Goals Housing Goals Proposed Rule for 2023-2024 Multifamily GoalsHousing Goals Final Rule for 2022-2024 Single-Family and 2022 Multifamily Goals
Fannie Mae Housing Goal Annual Housing Activity Reports and DeterminationsFreddie Mac Housing Goal Annual Housing Activity Reports and Determinations
Affordable Housing and Community Investment page
Page last updated January 5, 2023
