U.S. Federal Housing Finance Agency (FHFA)

The U.S. Federal Housing Finance Agency (FHFA) is a government agency responsible for regulating and overseeing government-sponsored enterprises (GSEs) like Fannie Mae and Freddie Mac, which play a critical role in the housing finance market. The FHFA ensures these organizations operate safely and soundly, promoting stability and access to affordable housing. It also works to prevent their risk to taxpayers and help maintain a reliable mortgage system in the U.S. Essentially, the FHFA's mission is to support the housing market and protect consumers while ensuring responsible lending practices.