Getting Started

To begin searching within the
Government Manual simply type in a keyword or phrase to find your match.

Federal Housing Finance Agency

400 7th Street SW., Washington, DC 20219


DIRECTOR Melvin L. Watt
Chief Operating Officer Lawrence Stauffer, Acting

Director, Office of Minority and Women Inclusion Sharron P. A. Levine

Deputy Director, Division of Conservatorship Bob Ryan, Acting
Deputy Director, Division of Federal Home Loan Bank Regulation Fred C. Graham
Deputy Director, Division of Enterprise Regulation Nina Nichols
Deputy Director, Division of Housing Mission and Goals Sandra Thompson

General Counsel Alfred M. Pollard
Inspector General Laura S. Wertheimer
Obmbudsman Janell Byrd-Chichester, Acting

The Federal Housing and Finance Agency ensures that the housing Government-Sponsored Enterprises operate safely and soundly and serve as a reliable source of liquidity and funding for housing finance and community investment.

Organizational Chart

The Federal Housing and Finance Agency (FHFA) was established by the Housing and Economic Recovery Act of 2008 (42 U.S.C. 4501 note) as an independent agency in the executive branch. The merger of the Federal Housing Finance Board and the Office of Federal Housing Enterprise Oversight, combined with the transfer of the Department of Housing and Urban Development's Government-Sponsored Enterprise mission team, formed the FHFA.

The FHFA is managed by a Director whom the President appoints and the Senate confirms. FHFA's Director also serves as the Chairman of the Federal Housing Oversight Board. The Secretary of the Treasury, the Secretary of Housing and Urban Development, and the Chairman of the Securities and Exchange Commission are also members of the Board.


The FHFA provides research and data, supervision, and policies for strengthening and securing the U.S. secondary mortgage markets. It oversees vital components of those markets: the housing Government-Sponsored Enterprises of Fannie Mae, Freddie Mac, and the Federal Home Loan Bank System. Combined, these entities make available more than $5.6 trillion in funding for financial institutions and the U.S. mortgage markets. The FHFA also acts as the conservator of Fannie Mae and Freddie Mac.

Sources of Information


Agency experts share their insights into housing finance issues on the blog "FHFA Insights."

Business Opportunities

FHFA contracting operations is responsible for procuring all goods and services, including information technology, that the agency requires.

Career Opportunities

The Agency's mission-critical professionals include accountants, attorneys, economists, examiners, financial analysts, and information technology specialists. The FHFA also relies on budget and procurement and human resource specialists, facilities managers, policy experts, and student interns, to fill important support roles. The Agency advertises opportunities for employment on its "Careers" Web page. Contact the Office of Human Resources Management for additional information. Phone, 202-649-3807.

Dodd–Frank Act Stress Tests

The FHFA requires Fannie Mae and Freddie Mac and Federal Home Loan Banks to conduct stress tests pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

The FHFA is categorized as a small agency in the Partnership for Public Service's Best Places To Work in the Federal Government rankings. In 2016, the Agency improved its index score.

Freedom of Information Act (FOIA)

The FOIA established a statutory right of public access to executive branch information in the Federal Government. It gives a right to any person to obtain access to Federal agency records; however, nine exemptions and three special law enforcement exclusions shield certain records from public disclosure. | Email:

Frequently Asked Questions (FAQs)

The FHFA posts answers to FAQs on various topics: the Home Affordable Refinance Program (HARP), housing price index (HPI), servicing alignment initiative, as well as on conservatorship, Federal Home Loan Bank membership, principal reduction modification, and private mortgage insurer draft eligibility requirements,


On September 6, 2008, the FHFA placed Fannie Mae and Freddie Mac into conservatorship because they could no longer carry out their mission without Government intervention. To learn more about this extraordinary action and this critical moment in the history of the Nation's mortgage market, visit the "History of Fannie Mae and Freddie Mac Conservatorships" Web page.

A timeline of significant events in the history of the FHFA is available on its Web site.

Key Topics

These Web pages contain information on the FHFA's work on a range of national issues. They highlight relevant news releases, reports, statements, and web pages on the key topics.

Meet the Experts

The "Meet the Experts" page contains brief professional biographies of experienced, well-educated FHFA personnel.

Navigate by Audience

The "Government" Web page contains consolidated resources for Federal, State, and local government personnel seeking information related to the Nation's housing finance system.

The "Homeowners and Homebuyers" Web page guides homeowners and buyers to resources and tools: information on avoiding foreclosure, buying a new home, refinancing an existing home, shopping for a mortgage, understanding the housing markets, and more.

The "Industry" Web page contains consolidated resources for advocacy organizations, investors, mortgage insurers, originators, servicers, small and large companies, trade groups, vendors, and others with an interest in the Nation's housing finance system.

The "Media" Web page gives members of the media and general public access to FHFA expertise on and insight into housing finance. | Email:


The FHFA posts news releases on its Web site.

Open Government

The FHFA supports the Open Government initiative by promoting the principles of collaboration, participation, and transparency.

Plans / Reports

The FHFA posts performance and strategic plans and various types of reports on its Web site.

Privacy Act of 1974

Fair information practices govern the collection, maintenance, use, and dissemination of an individual's personally identifiable information that a Federal agency maintains in a system of records—in a group of records that an agency controls and from which its staff may retrieve information by using the individual's name or an assigned identifier. | Email:

Site Map

The Web site map allows visitors to look for specific topics or to browse content that aligns with their interests.

Social Media

The FHFA tweets announcements and other newsworthy items on Twitter.

The FHFA posts videos on its YouTube channel.


A borrower assistance map, conforming loan limits map, and housing price index (HPI) calculator and motion chart, as well as HPI maps (county, four-quarter appreciation, ZIP5) and summary tables, are available online. | Email:

Developed by: Government Printing Office | Digital Media Services (DMS)