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.
Operate the business in a safe and sound manner.
Promote sustainable and equitable access to affordable housing.
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...
FHFA’s Office of Financial Technology (Fintech) supports the Agency’s efforts to understand technology-driven developments in housing finance and the associated risks, and to facilitate the development of responsible innovation in FHFA’s regulated entities, which include Fannie Mae and Freddie Mac (the Enterprises) and the Federal Home Loan Bank System. The Fintech Office serves as a centralized information clearinghouse and resource for the Agency on mortgage-related innovations, general trends, and emerging risks in the use of fintech.
FHFA views fintech as the application of new technologies to the production or provision of financial products and services. Fintech in the mortgage finance space can include, among other things, the application of new technologies and digital processes to:
mortgage origination, underwriting, servicing, investment, and other associated business activities, also known as “mortgage tech”;
researching, transacting, and managing real estate, also known as “proptech”; and
regulation and compliance, also known as “regtech”.
The Office of Financial Technology incorporates the principle of “responsible innovation” into its activities, balancing the value of new ideas, products, and operational approaches with the need for effective risk management and governance. The Fintech Office engages internally through the FHFA Fintech Working Group, consisting of Agency leadership and experts across divisions and offices. The Fintech Office will be looking to engage externally with market participants, industry, non-profits, consumer groups, and academia in the coming months to facilitate the sharing of best practices and establish ongoing outreach and dialogue.
On April 4, 2023, FHFA announced its inaugural TechSprint, a team-based problem-solving event hosted by FHFA’s Office of Financial Technology, designed to secure the free and fair flow of data in a safe and sound housing finance system.
Named “Velocity,” the TechSprint brought together experts and practitioners from the technology and the mortgage finance sectors to propose solutions that can reduce mortgage costs and delivery times while creating a more inclusive and transparent process.
“Over the past decade, mortgage origination costs have doubled, while delivery times have remained largely unchanged,” said Director Thompson. “When used responsibly, technology has the potential to improve borrowers’ experiences by reducing barriers, increasing efficiencies, and lowering costs.”
The FHFA Velocity TechSprint ran from July 10 to July 13, 2023, at Constitution Center. The event consisted of three days of intensive, in-person collaboration, along with several publicly available live-streamed panels and presentations.
Learn more at the
TechSprint Velocity webpage.
On Thursday, October 6, 2022, FHFA’s Fintech Office hosted a virtual public listening session to solicit public input on the role of technology in housing finance and how the Agency can most constructively interact with other stakeholders to facilitate responsible innovation. A transcript and materials presented during the session will be available soon.
The agenda and video of the session can be viewed online.
Request for Information
In conjunction with the establishment of the Office of Financial Technology, FHFA is soliciting public input on the role of technology in housing finance, broadly seeking to understand the current landscape of potential innovations throughout the mortgage lifecycle and related processes, risks, and opportunities. FHFA also seeks input on how the Agency can most constructively interact with other stakeholders to facilitate responsible innovation, including the identification of any barriers to or challenges in implementing fintech in the housing finance ecosystem, while also focusing on supporting equity in the housing finance landscape for both homeowners and renters.
RFI: Fintech in Housing Finance (closed 10/31/2022)
View Input Provided here - select “2022 Fintech in Housing Finance RFI" in dropdown menu
*NEW* - View
Summary Responses to the Request for Information on Fintech in Housing Finance
To ask questions or request a meeting with the FHFA Office of Financial Technology, please email
FHFA Announces Inaugural Housing Finance TechSprint (4/4/2023)
FHFA Extends Deadline to October 31 on RFI on Fintech in Housing Finance (10/14/2022)
Press Release: FHFA Announces Office of Financial Technology (7/18/2022)
Jason CaveDeputy DirectorDivision of Conservatorship Oversight and Readiness (DCOR)
Anne Marie PippinAssociate Director, DCOROffice of Governance and Strategic InitiativesOffice of Financial Technology
Liang JensenSenior Financial Analyst, DCOROffice of Governance and Strategic InitiativesOffice of Financial Technology
Page last updated: July 18, 2023
© 2023 Federal Housing Finance Agency