​The creation of FHFA and the merging of staff and resources from the Federal Housing Finance Board (FHFB), the Office of Federal Housing Enterprise Oversight (OFHEO), and the Department of Housing and Urban Development (HUD) GSE Mission Staff under a new agency is an immense challenge.

May​ 2023 Highlights - Foreclosure Prevention

The Enterprises' Foreclosure Prevention Actions:​

• The Enterprises completed 16,191 foreclosure prevention actions in May, bringing the total to 6,803,424 since the start of the conservatorships in September 2008.

Overview

​Fannie Mae and Freddie Mac (the “Enterprises”) are required to conduct annual stress tests pursuant to Federal Housing Finance Agency (FHFA) rule 12 CFR 1238, which implements section 165(i)(2) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”).

Author: Justin Contat; Carrie Hopkins; Luis Mejia; Matthew Suandi

​​Ab​stract:

The Enterprise Non-Performing Loan Sales Report includes information about NPLs sold through December 31, 2022 and reflects borrower outcomes on NPLs sold through June 30, 2022 and reported through December 31, 2022. ​ The sale of NPLs reduces the number of delinquent loans in the Enterprises' portfolios and transfers credit risk to the private sector.  FHFA and the Enterprises impose 

Author:

​Becka Brolinson

​​Ab​stract: