Federal Housing Finance Agency (FHFA)

The Federal Housing Finance Agency (FHFA) is a U.S. government agency that oversees and regulates the nation's housing finance system, specifically Fannie Mae and Freddie Mac, which are key players in the mortgage market. Its main goals are to ensure a stable, affordable housing finance environment and to protect taxpayers against losses from these government-sponsored enterprises. The FHFA sets policies and standards to promote sound financial practices and supports access to homeownership for Americans, playing a crucial role in maintaining the overall health of the housing market.