FHFA
Est. 2008
Federal Housing Finance Agency
GSE suspension list. Being suspended as an approved seller/servicer is a severe sanction for mortgage lenders.
Parent
Independent federal agency
Jurisdiction
Fannie Mae, Freddie Mac, and the Federal Home Loan Banks
Headline
GSE suspended counterparty list · Fannie Mae/Freddie Mac · Mortgage servicers
What the FHFA is
The FHFA regulates Fannie Mae, Freddie Mac (the GSEs — Government-Sponsored Enterprises), and the 11 Federal Home Loan Banks. The GSEs purchase mortgages from lenders and package them into mortgage-backed securities — they are the mechanism by which most US mortgage credit flows. The FHFA's suspended counterparty programme maintains a list of mortgage sellers and servicers that are prohibited from doing business with Fannie Mae or Freddie Mac.
What the FHFA does
- Supervises Fannie Mae, Freddie Mac, and the Federal Home Loan Banks
- Maintains the Suspended Counterparty Program — prohibiting certain sellers and servicers from GSE transactions
- Sets conforming loan limits annually
- Oversees GSE stress testing and capital requirements
- Issues guidance on mortgage servicing standards
Why ComplaintRate uses FHFA data
FHFA suspension from the GSE seller/servicer network is an extremely severe sanction — it effectively bars a mortgage company from selling loans into the conventional mortgage market. ComplaintRate flags institutions on the FHFA suspended counterparty list because suspension indicates serious violations of the GSE selling and servicing guidelines, which include consumer protection requirements. An institution suspended from GSE business while continuing to originate mortgages presents significant risk to borrowers.
What FHFA data means for you
Most conventional mortgages in the US are eventually sold to Fannie Mae or Freddie Mac. A mortgage lender suspended from GSE business cannot sell your loan into the conventional market — this affects their ability to operate as a lender and may affect the terms they can offer. If your mortgage servicer is on the FHFA suspended list, your loan may be transferred to a different servicer. Check complaintrate.com for your servicer's complaint rate and enforcement history.
FHFA fields in ComplaintRate database
fhfa_suspendedOther data sources
ComplaintRate.com is an independent data publisher and is not affiliated with, endorsed by, or sponsored by any U.S. federal agency. Data sourced from publicly available government databases.