Author(s): Ken Lam, Jay Schultz, Sarah Minster, Omena Ubogu, and Padmasini Raman
In establishing benchmarks for the single-family home purchase and refinance goals for Fannie Mae and Freddie Mac (the Enterprises), the Federal Housing Finance Agency (FHFA) is required to measure the size of the affordable mortgage market. This FHFA technical report documents the statistical forecast models that the modeling team has developed as part of the process for establishing the affordable housing goal benchmark levels for the Enterprises for 2022 through 2024.