Federal Housing Finance Board

The Federal Housing Finance Agency (FHFA) is an independent U.S. government agency established by the Housing and Economic Recovery Act of 2008. Its primary mission is to ensure the safe and sound operation, regulation, and housing mission oversight of government-sponsored enterprises (GSEs) including Fannie Mae, Freddie Mac, and the Federal Home Loan Bank System. The FHFA plays a critical role in maintaining liquidity and funding for housing finance and community investment across the nation.

Beyond its regulatory duties, FHFA also serves as the conservator of Fannie Mae and Freddie Mac since 2008, managing their operations to stabilize the housing market. The agency provides valuable public resources such as the FHFA House Price Index (FHFA HPI®), a comprehensive collection of house price data for single-family homes across all 50 states, used by market participants and policymakers alike.

While FHFA itself does not originate loans, its oversight is fundamental to the functioning of the U.S. mortgage market, influencing practices and standards for home and commercial loan products offered by the entities it regulates. The agency is committed to ensuring a stable and accessible housing finance system for American consumers.