Fannie Mae and Freddie Mac Housing Goals Rule

FHFA News Releases

Published December 23rd, 2025

Detected March 13th, 2026

Summary

The Federal Housing Finance Agency (FHFA) issued a final rule establishing new affordable housing goals for Fannie Mae and Freddie Mac for 2026-2028. This rule aims to support middle-class homeownership by adjusting previous mandates.

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What changed

The Federal Housing Finance Agency (FHFA) has issued a final rule establishing new affordable housing goals for Fannie Mae and Freddie Mac for the years 2026 through 2028. This rule, which the FHFA states rolls back "Biden’s Regulatory Overreach," aims to refocus these government-sponsored enterprises on supporting affordable homeownership for all Americans while fulfilling their statutory duties, particularly for middle-class families.

Regulated entities, including those involved with Fannie Mae and Freddie Mac, should review the specific housing goals outlined in the final rule to understand any potential impacts on their operations and mortgage market activities. While the rule is effective immediately, the specific goals apply to the 2026-2028 period, and no immediate compliance deadline for action is stated beyond the effective date of the rule itself.

What to do next

Review the 2026-2028 Enterprise Housing Goals final rule
Assess operational impacts on mortgage market activities

Source document (simplified)

News Release

Fannie and Freddie Empowered to Support Middle-Class Homeownership

Final Affordable Housing Rule Rolls Back Biden’s Regulatory Overreach for immediate release 12/23/2025 Washington, D.C. – Today U.S. Federal Housing issued a final rule that establishes new, better affordable housing goals for Fannie Mae and Freddie Mac. Thanks to this fix, Fannie and Freddie will continue to fully support mortgages for families from every walk of life.

“For too long, Biden distorted the housing market with harmful mandates that prioritized government quotas at the expense of middle-class families,” said Director William J. Pulte. “Thanks to President Trump, Fannie Mae and Freddie Mac will now focus on supporting affordable homeownership for all Americans while fulfilling their statutory duties.”

The 2026–2028 Enterprise Housing Goals final rule can be found here.

The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac, and the 11 Federal Home Loan Banks. These government-sponsored enterprises provide more than $8.5 trillion in funding for the U.S. mortgage markets and financial institutions. Additional information is available at www.FHFA.gov, on X @FHFA, YouTube, Facebook, and LinkedIn.

Contact: MediaInquiries@FHFA.gov