Author:
Valerie L. Smith, Senior Policy Analyst
Forrest Pafenberg, Senior Policy Analyst
Brian Doherty, Senior Policy Analyst
This Office of Federal Housing Enterprise Oversight (OFHEO) paper reviews developments in the housing sector and the primary mortgage market, the secondary market activities of Fannie Mae and Freddie Mac, and the financial performance of the Enterprises in 2001. An appendix to the paper provides tables with historical data on the activities and performance of Fannie Mae and Freddie Mac, federally-established loan limits, mortgage interest rates, housing activity, and regional and national home prices, which provide a context for the survey of recent activity provided in this paper. The paper is part of OFHEO’s ongoing effort to enhance public understanding of the nation’s housing finance system.