Federal Housing Finance Agency

The Federal Housing Finance Agency (FHFA) is a U.S. government agency responsible for overseeing and regulating Fannie Mae and Freddie Mac, two government-sponsored companies that buy and guarantee mortgages. Its role is to ensure the stability and safety of the housing finance system, promote competition, and protect taxpayers by overseeing these organizations' activities. FHFA sets rules, monitors their operations, and manages their efforts to support affordable housing and a healthy mortgage market in the United States.