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DTS 2025 Enterprise Annual Reports

To enable FHFA's evaluations, each Enterprise submits annual reports detailing its actions and progress toward achieving the objectives in its Plan.  FHFA makes these reports public, omitting any confidential and proprietary information.  These reports contain the Enterprises’ views on their Duty to Serve activities and do not necessarily reflect FHFA’s views.

Fannie Mae Annual Reports

TypeDescriptionReport
Manufactured Homes Titled as Real Property
Loan PurchaseAcquire purchase money mortgage (PMM) loans secured by MHRPView Report
Loan ProductExpand adoption of conventional financing for manufactured homes by addressing risks of MH lending through product and process developmentView Report
Loan ProductAlign product and engagement strategies with new, federally enabled market expansion opportunitiesView Report
Loan ProductAdvance MH co-op execution in markets that recognize homes on leased land as real estateView Report
Loan ProductPromote resident stability and improved loan performance through the development of a community of practice focused on secure tenancy in MHCsView Report
Loan ProductPursue policy and industry engagement tactics that reduce the costs of MH homeownership and increase value to the consumerView Report
Loan ProductPursue policy and industry alignment to contribute to the development of a more robust market for modern MH, including single-width MH propertiesView Report
Manufactured Housing Communities Owned by a Governmental Entity, Non-Profit Organization or Residents
Loan PurchaseIncrease loan purchases of MHCs owned by a government entity, nonprofit organization, or residentsView Report
Manufactured Housing Communities with Certain Tenant Pad Lease Protections
Loan PurchaseIncrease the purchase of MHC loansView Report

TypeDescriptionReport
Low-Income Housing Tax Credits (Debt)
Loan PurchaseIncrease liquidity to the low-income housing tax credit debt market by purchasing loans secured by LIHTC propertiesView Report
Section 8
Loan PurchaseProvide a steady source of capital and liquidity through the purchase of loans secured by Project-Based Section 8 propertiesView Report
Section 515
Loan PurchasePromote greater preservation of USDA Section 515 properties through loan purchasesView Report
OutreachSupport technical assistance programs that facilitate the preservation of Section 515 propertiesView Report
State or Local Affordable Housing Programs
Loan PurchasePurchase loans secured by properties under state or local affordable housing programsView Report
Shared Equity Programs for Affordable Housing Preservation
Loan PurchaseIncrease the purchase of mortgage loans that finance shared equity homesView Report
Single-Family Energy Efficiency Improvements
Loan ProductReduce homeowner utility costs through consumer tools, new programs, and loan productsView Report
Rehabilitation of Single-Family Homes
Loan ProductIncrease or improve the quality of single-family homes through dedicated outreach and loan product developmentView Report
Disaster Preparedness and Weather Resiliency
OutreachSupport TA programs that help prepare multifamily properties to adapt to weather-related risks or prepare for natural disastersView Report
Residential Economic Diversity
Loan PurchasePurchase affordable loans to add liquidity to the market in FHFA-determined, RED-eligible high opportunity areasView Report

TypeDescriptionReport
Housing in High-Needs Rural Regions
Loan PurchaseIncrease liquidity in high-needs rural regions through multifamily loan purchasesView Report
Loan PurchaseAcquire single-family purchase money mortgage loans in high-needs rural regionsView Report
OutreachDevelop a strategy to increase single-family lending in colonia census tractsView Report
Housing for High-Needs Rural Populations
OutreachSupport agricultural worker and/or Native American housing projectsView Report
Loan ProductEnhance loan products for use in Indian areasView Report
Rural Housing Market (as Most Broadly Defined by the Regulation) 
OutreachDevelop a strategy to acquire multifamily loans in rural areas using programs specifically tailored for low- to moderate-income householdsView Report
Loan ProductDevelop a strategy to acquire multifamily loans in rural areas using programs specifically tailored for low- to moderate-income householdsView Report
Loan ProductDeploy a strategy to increase mortgage opportunities for rural residents of heirs’ propertyView Report
OutreachSupport rural community development financial institutions through the provision of targeted depositsView Report
Small Multifamily Rental Properties Financing
Loan PurchaseSupport rural small multifamily rental property activityView Report
Rural Low-Income Housing Tax Credit Equity Investments
InvestmentInvest in low-income housing tax credit projects in rural areasView Report

Freddie Mac Annual Reports

TypeDescriptionReport
Manufactured Homes Titled as Real Property
Loan PurchaseAcquire purchase money mortgage (PMM) loans secured by MHRPView Report
Loan ProductExpand adoption of conventional financing for manufactured homes by addressing risks of MH lending through product and process developmentView Report
Manufactured Housing Communities with Certain Tenant Pad Lease Protections
Loan PurchaseIncrease the purchase of MHC loansView Report

TypeDescriptionReport
Low-Income Housing Tax Credits (Debt)
Loan PurchaseProvide liquidity and stability through LIHTC loan purchasesView Report
Section 8
Loan PurchaseProvide liquidity and stability through Section 8 loan purchases View Report
State or Local Affordable Housing Programs
Loan PurchasePurchase loans with state and local programsView Report
Shared Equity Programs for Affordable Housing Preservation
Loan PurchasePurchase single-family shared equity loansView Report
OutreachProvide technical assistance to establish community land trusts and facilitate origination of shared equity mortgagesView Report
Small Multifamily Rental Properties
Loan PurchaseEnhance multifamily liquidity by aggregating and guaranteeing loans from multiple lendersView Report
Residential Economic Diversity
Loan PurchasePurchase loans on properties that support residential economic diversity in high opportunity areasView Report

TypeDescriptionReport
Housing in High-Needs Rural Regions
Loan PurchasePurchase single-family loans in high-needs rural regions View Report
OutreachIncrease resources for resolving heirs’ property rightsView Report
InvestmentEngage in low-income housing tax credit equity investmentView Report
Housing for High-Needs Rural Populations
Loan PurchasePurchase single-family loans to members of federally recognized Native tribes in tribal areasView Report
Loan ProductDevelop product flexibilities to facilitate loan originations for members of federally recognized Native tribes in tribal areasView Report
All Rural Areas
OutreachConduct outreach to deepen insights into the rural single-family housing landscapeView Report
OutreachFacilitate thought leadership related to housing and mortgage financing in rural communitiesView Report
OutreachFacilitate rural developer capacity building to increase supply of single-family homesView Report
InvestmentEngage in low-income housing tax credit equity investment in all rural areasView Report
OutreachEstablish and implement a multifamily rural developer capacity building programView Report
Small Financial Institutions of Rural Housing
Loan PurchasePurchase loans from small financial institutions serving rural areasView Report
Certified Community Development Financial Institutions Serving the Rural Housing Market
InvestmentDesign product flexibilities to facilitate origination of conventional mortgages from community development financial institutionsView Report