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                            Performance and Accountability Report ​
   This annual report describes FHFA's accomplishments, as well as challenges, the agency faced in meeting the strategic goals and objectives during the past fiscal year.
                            FHFA Values​​​​​ 
               ​​Fairness​​​We value varied perspectives and thoughts and treat others with impartiality.​​​​Accountability​We are responsible for carrying out our work with transparency and professional excellence.​Integrity​We are committed to the highest ethical and professional standards to inspire trust and confidence in our work.​Respect​We treat others with dignity, share information and resources, and collaborate.          
            
                          
            
                          
            
                          
            
                          
            
                          
            
                          
            
                          
            
                          
            
                          
            
                          
            
                          
            
                          
            
                          
            
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                            Annual Report to CongressRead about the agency’s 2022 examinations of Fannie Mac, Freddie Mac and the Home Loan Bank System.Plans and Reports​​​
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      and Freddie Mac​​As conservator, FHFA is focused on ensuring that each Enterprise builds capital and improves its safety and soundness.
                            Conservatorship ​Performance Goals​1.​​​
               Op​​erate the bu​​sines​s in a safe a​nd sound manner.​2.​​​​​​​​​​​Prom​ote su​​stainable and equitable access to affordable housing.​2023 Scorecard​​​​          
            
                          
            
                          
            
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 About FHFA
 Div​ersity, Equity, and Inclusion—Our Foundation Diversity, equity, and inclusion (DEI) form the foundation on which FHFA's core values (Fairness, Accountability, Integrity, and Respect) rest.  We promote DEI in our Agency’s employment and business practices and those of the 15 financial institutions we regulate​: Fannie Mae, Freddie Mac, Common Securitization Solutions, the 11 Federal Home Loan Banks, and the Banks’ Office of Finance.  DEI is an essential component of our work to enhance and implement fair, equitable, sound, and effective housing finance policies for the American people. At FHFA, we also work to increase hiring, promotion, and procurement opportunities for women, minorities, and people with disabilities.  If you’re interested in doi​ng business with us, please visit our 
   “Doing Business” page.  If you’re interested in working with us, please visit our 
   “Careers” page. How We S​ee DEI—Theory and Practice At FHFA, we think of DEI as three connected elements: Diversity is the “presence” — the mix of demographics and viewpoints across our workforce, management, and contracting partners.
   Equity is the “access”— the initiatives that help provide equitable opportunities and knock down barriers to participation.
   Inclusion is the “performance”— the behaviors that encourage a values-based culture of belonging and actions taken to build an integrated, dynamic, and sustainable FHFA DEI Program designed to achieve the Agency’s strategic goals and objectives with specific outcomes that demonstrate Inclusion. More than just a moral imperative, DEI drives important cultural and business advantages: Diversity allows for a wider range of views and fosters innovation. It enables organizations to solve problems more creatively and effectively, which increases the likelihood of and succeeding in their mission.
   Equity expands access to products, services, and opportunities across organizations and communities.
   A culture of inclusion contributes to the ease of hiring, greater satisfaction at work, and reduced turnover. Steady Progress In recent years, FHFA has made steady progress in building a more diverse workforce and community of vendors. In 2023, for the first year in FHFA history, the majority of the workforce comprised racial and ethnic minorities. From 2019 to 2023, the racial and ethnic minority representation increased by 30.4 percent. FHFA’s commitment to DEI at all levels of the Agency extends to its procurement efforts. The Minority- and Women-Owned Business obligation amount of $36,439,719 was the largest in FHFA’s history and exceeded 2022’s previously historical obligation amount by $6,582,821, or 22 percent. For more information, please refer to the 
   2023 Office of Minority and Women Inclusion (OMWI) Annual Report to Congress issued by Agency’s OMWI.   Additionally, OMWI launched a set of 
   dashboards that provide some of the tables and figures included the 2023 OMWI Annual Report to Congress.  These user-friendly dashboards enable stakeholders to easily view FHFA highlights. OMWI—Our Dedicated DEI Office Core Responsibilities FHFA’s Office of Minority and Women Inclusion, established under section 342 of 
   the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act), leads FHFA’s efforts to advance DEI and is responsible for all Agency matters relating to DEI in management, employment, and business activities.  This includes overseeing and directing examinations of the regulated entities’ DEI programs and related activities by assessing the diversity policies and practices, as well as monitoring and assessing the entities’ compliance with DEI laws and regulations. OMWI also develops and implements standards (DEI Standards) for: Equal employment opportunity and the racial, ethnic, and gender diversity of the Agency’s workforce and senior management.
   Participation of minority- and women-owned businesses in Agency programs and contracts and coordinating technical assistance to such businesses.
   Evaluating the good faith efforts of FHFA contractors and subcontractors to promote diversity in their workforce. Get in Touch OMWI works under the leadership of Director 
   Sharron P. A. Levine and Associate Director 
   Paul Priest, delivering on its mission through five integrated teams.  For general questions about OMWI’s work, please email 
   OMWIinfo@fhfa.gov or call (202) 649-3806. OMWI’s five integrated teams include: D&I Examinations, led by Supervisory Examination Specialist 
         Felicia Bland
   DEI Data Management, led by Supervisory Data Analytics Specialist 
         Catherine Chiang
   DEI Policy, led by Principal Policy Analyst 
         Soquel Harding
   DEI Agency Practice, led by Supervisory D&I Program Manager 
         Takisha Koonce
   OMWI Operations, led by Supervisory D&I Program Manager 
         Takisha Koonce *​Page last updated: March 29​, 2024*​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​
 
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