Statements

"We at FHFA are very saddened by the death of David Kellermann. For many years, we have known David as a person of the utmost ethical standards who was hardworking and knowledgeable in his field. As the Acting Chief Financial Officer of Freddie Mac during particularly challenging times, David was an...

"I am pleased that the Fannie Mae Board has selected Michael Williams to become the President and Chief Executive Officer (CEO) of Fannie Mae. Mike Williams brings a breadth of valuable experience to his new post. Mike has been serving as Chief Operating Officer and Executive Vice President...

PageContent "I congratulate Herb Allison on this important nomination by the President as Assistant Secretary of the Treasury for Financial Stability. Herb has done an outstanding job leading Fannie Mae during a challenging period. Together, Herb and his team did an exceptional job ensuring that...

"Fannie Mae and Freddie Mac were placed into conservatorship to ensure they could fulfill their extremely important mission of providing liquidity, stability and affordability to the very troubled mortgage market. They continue to serve this mission. We started to design a retention plan with a...

PageContent "We are pleased the Freddie Mac Board of Directors has named John A. Koskinen as the company’s interim chief executive officer and Robert F. Glauber as its interim non-executive chairman. Both individuals bring a tremendous amount of public and private sector experience at this critical...

"FHFA was pleased to work with the White House, the Treasury Department, the Department of Housing and Urban Development, other regulators, and Fannie Mae and Freddie Mac in the development of the ’Making Home Affordable’ loan modification program that Treasury announced today. This program is a...

"We thank David Moffett for his service and leadership during the early days of the Conservatorship. FHFA will work with the Freddie Mac Board and management team to ensure a smooth transition and continuation of their important mission of supporting the housing market." ​Corinne Russell (202) 649...

FHFA has indicated that Fannie Mae and Freddie Mac Refinance Initiatives to assist homeowners with high current loan-to-value mortgages would be a proper exercise of their existing authorities. Fannie Mae and Freddie Mac will make available refinancing opportunities for loans they hold or have...

PageContent "We welcome Treasury Secretary Geithner’s action to increase support for Fannie Mae and Freddie Mac, which continue to play a vital role in this housing market. This increase is to provide assurance to the markets that Fannie Mae and Freddie Mac will continue to fulfill their important...

"The Federal Reserve Board’s announcement that it will purchase debt of the Federal Home Loan Banks, Fannie Mae and Freddie Mac as well as the mortgage-backed securities (MBS) issued by Fannie Mae, Freddie Mac and Ginnie Mae is a very positive step. This $600 billion program should be a major boost...