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.
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...
Affordable Housing & Community Investment
Climate Change and ESG
FHLBank System at 100: Focusing on the Future
Duty to Serve Program
Enterprise Housing Goals
Fair Lending Oversight Program
Velocity Tech Sprint
Housing Finance Examiner Commission Program
National Mortgage Database Program
Neighborhood Stabilization Initiative (NSI)
Meet the Experts
Velocity: A Tech Sprint from the Federal Housing Finance Agency
Securing the free and fair flow of data
About the FHFA Velocity TechSprint
The FHFA Velocity TechSprint will be an in-person team-based problem-solving event hosted by the Federal Housing Finance Agency’s (FHFA) Office of Financial Technology (OFT). Named “Velocity,” the TechSprint will bring together experts and practitioners from the technology and the mortgage finance sectors to propose solutions for reducing mortgage costs and delivery times while creating a more inclusive and transparent process.
Participants will be organized into TechSprint teams that will work over a three-day period to solve for problem statements centered around the question:
“How might data digitization drive transparency and increase access, fairness, affordability, and sustainability in mortgage lending?”
The TechSprint culminates in a Demo Day where each team will present their ideas to a panel of judges drawn from subject matter experts in industry, the nonprofit sector, and government. This event will bring together leaders and experts in the mortgage industry to explore bold, yet practical ideas in the application of technology to make the mortgage process smoother, faster, and more inclusive.
FHFA, through its Office of Financial Technology, seeks to explore and demonstrate the use of technology as a tool in driving transparency, improving efficiency, and increasing access, fairness, affordability, and sustainability in mortgage processes.
FHFA’s Velocity TechSprint will be held at FHFA’s Constitution Center headquarters in Washington, DC and will run from July 10 to July 13, 2023.
FHFA Velocity TechSprint: Register to Observe
[Register to Observe the TechSprint]
FHFA invites all interested individuals to register to observe the Velocity TechSprint. The Observer Track includes livestreaming access to the opening speakers on Day 1 of the Sprint, ongoing panel discussions with top mortgage and financial thought leaders throughout the week, and the entirety of Demo Day, including team presentations and the announcement of awards.
FHFA Velocity TechSprint: Problem Statements
How might data digitization drive transparency and increase access, fairness, affordability, and sustainability in mortgage lending? Adoption of data digitization can unlock the mortgage ecosystem. This can be especially beneficial in the current economic environment where profit margins are compressed while regulatory requirements remain a top priority. The adoption of data digitization can serve as a competitive advantage for participants in the mortgage ecosystem as market conditions evolve.
How might borrowers, lenders, loan aggregators, and infrastructure providers be better equipped and motivated to leverage data-driven digital approaches in front end-mortgage processes?
How might regulators consider current barriers to greater adoption of financial technology in mortgage processes, responsible alternatives, system impacts, and options for streamlining requirements?
Any technologies adopted should reduce cycle times, lower the cost to originate, allow savings to be passed to the consumer, open opportunities to underserved borrowers, or increase ease and transparency to borrowers. Additionally, these same technologies should seek to mitigate risks, such as data security and privacy risks that may arise, while also including viable strategies to engage borrowers, drive adoption, and build trust in a more digital mortgage process.
Additional questions regarding the FHFA Velocity TechSprint can be addressed by contacting the Office of Financial Technology at
Page Last Updated: May 31, 2023
© 2023 Federal Housing Finance Agency