FHFA Releases 2021 Mission Report

The inaugural report highlights the progress made by the government-sponsored enterprises and the Federal Home Loan Banks.

The Federal Housing Finance Agency (FHFA) has released its inaugural Mission Report on the 2021 activities of government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac and the Federal Home Loan Banks to provide greater access to financing for targeted economic development as well as affordable, equitable, and sustainable housing.

The agency’s oversight of the GSEs and the Federal Home Loan Banks ensures that a focus remains on mission-driven activities to provide liquidity, stability, and affordability to the mortgage market. This includes Fannie Mae and Freddie Mac programs and initiatives, such as housing goals, fair lending, Duty to Serve, and the Conservatorship Scorecard, and FHLBank programs, such as the Affordable Housing Program (AHP) and Community Investment Program (CIP).

“FHFA is committed to promoting affordability, equity, and sustainability in the nation’s housing finance markets,” said director Sandra L. Thompson. “Our regulated entities have made progress in many mission-driven areas, and we will continue to improve affordable housing opportunities to support homeowners and renters.”