The Federal Housing Finance Agency (FHFA), which is the regulator and conservator of Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC), as well as regulator of 12 Federal Home Loan Banks, released its ‘2013 Performance and Accountability Report’ yesterday. The report provides detailed information on the Agency’s performance on its goals, assistance to homeowners and plans for the future. FHFA’s role as regulating Fannie Mae and Freddie Mac The FHFA was established in 2008 and charged with the responsibility of overseeing all the housing GSEs, namely, Fannie Mae / Federal National…
On This Page
- FHFA’s role as regulating Fannie Mae and Freddie Mac
- Improvement in financial condition of the Enterprises and FHL Banks
- Improvement in credit quality of the Enterprises’ portfolios
- Mortgage credit risk sharing and contraction of market share
- Common Securitization Platform
- Assistance to troubled mortgage borrowers
- Clean audit reports
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