Statements

PageContent "I am pleased that the Freddie Mac Board of Directors has selected Don Layton to become Chief Executive Officer (CEO) of Freddie Mac. With more than 30 years’ experience in the financial services industry and a proven track record of leadership, Don brings tremendous knowledge to the CEO...

A ProPublica-NPR news story today suggested that a mortgage financing vehicle utilized by Freddie Mac may be preventing homeowners from refinancing. While FHFA does not typically comment on its supervisory activities, the circumstances here require some clarification. Freddie Mac has historically...

"The Administration announced changes today to the Home Affordable Modification Program (HAMP). While HAMP has contributed directly and indirectly to widespread foreclosure prevention efforts, there are still many households struggling with their mortgage and other household debt. Fannie Mae and...

January 20, 2012 The Honorable Elijah E. Cummings Ranking Member Committee on Oversight and Government Reform 2235 Rayburn House Office Building Washington, DC 20515 Dear Ranking Member Cummings: In response to your request that the Federal Housing Finance Agency (FHFA) provide the Committee with...

PageContent "Today Michael Williams announced his intention to step down as Chief Executive Officer of Fannie Mae after 21 years of service to the company. Over these years, Mr. Williams has served Fannie Mae in many capacities, most notably as the executive responsible for overseeing the company’s...

PageContent "On Dec. 23, 2011, President Obama signed into law the Temporary Payroll Tax Cut Continuation Act of 2011. Among its provisions, this new law directs the Federal Housing Finance Agency (FHFA) to increase guarantee fees charged by Fannie Mae and Freddie Mac (the Enterprises) by no less...

Last night President Obama spoke of the Administration’s intent to work with federal agencies to take advantage of historically low interest rates and refinancing opportunities. The Federal Housing Finance Agency (FHFA) has been reevaluating an existing program, the Home Affordable Refinance Program...

Upon review of media coverage of the lawsuits FHFA filed on Friday, September 2, FHFA is providing this statement to clarify certain matters pertaining to these suits and to provide a fuller statement of purpose for these filings. FHFA has a statutory responsibility as conservator of Fannie Mae and...

The Federal Housing Finance Agency (FHFA), in its capacity as conservator of Fannie Mae and Freddie Mac (the Enterprises), today filed an Appearance and Conditional Objection regarding the proposed settlement between Bank of America and a consortium of 22 investors being considered by a court in New...

PageContent "On August 5th and 8th, 2011, Standard & Poor’s rating agency announced its lowering of the rating of long-term securities issued by the U.S. government, federal agencies, and other entities, including Fannie Mae, Freddie Mac, and the Federal Home Loan Banks, from AAA to AA+. With regard...