FHFA PUBLIC USE DATABASE

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Fannie & Freddie loan acquisitions

Where and how the GSEs bought single-family loans — acquisition volume, the Fannie/Freddie split, the acquisition-time credit box, loan mix, and mission & affordability shares, by state and year. Built from the FHFA Public Use Database, the statutory public disclosure of Enterprise mortgage acquisitions.

PUBLIC DOMAIN · Source: FHFA Public Use Database, Single-Family Census Tract File — the statutory GSE acquisition disclosure mandated by 12 U.S.C. §§ 4543/4546 and published free by FHFA. No license, no reuse restriction. This is legally distinct from the licensed loan-level performance data behind the GSE Repurchase Monitor. Dollar figures are FHFA $10,000-interval midpoints (privacy rounding); demographic and geography fields follow the acquisition-year census vintage.

78,840,955 acquisitions across 17 years · data current as of Jul 24, 2026

ACQUISITION YEAR

17 years loaded (2008–2024) · more arrive as the load completes

2024 acquisitions

2,010,248

single-family loans acquired

Acquisition UPB

$672.99B

unpaid balance at acquisition

Fannie / Freddie

49% / 51%

982,113 / 1,028,135 loans

Avg loan size

$335K

mean UPB at acquisition

Purchase share

79%

refi 21%

First-time homebuyer

39%

781,291 FTHB loans

Fannie Mae vs Freddie Mac

Acquisition mix, 2024

Fannie Mae49%

Freddie Mac51%

Acquisition volume by year

Single-family loans acquired, both Enterprises

Credit box

Loan-to-value distribution, average note rate, and the share of acquisitions with a debt-to-income ratio over 43% — the acquisition-time credit profile of the GSE book for 2024.

LTV distribution

Share of loans by loan-to-value band, 2024

≤60

22.5%

60–80

40.6%

80–90

12.8%

90–95

15.8%

95–97

6.4%

>97

2.0%

Credit-box summary

Acquisition-time averages, 2024

Avg LTV

74.9%

Avg note rate

6.69%

DTI over 43%

31%

615,380 loans

Avg loan size

$335K

PUDB reports a credit-score model code but no FICO value, so no score distribution is shown. DTI is FHFA-coded; “over 43%” counts the coded high-DTI bands.

Loan mix

Purpose, federal-guarantee, and occupancy composition of 2024 acquisitions.

Loan purpose

2024

Purchase79%

Rate/term refi8%

Cash-out refi13%

Home improvement0%

Federal guarantee

2024

Conventional100%

FHA0%

VA0%

RHS / FSA0%

Occupancy

2024

Owner-occupied91%

Second home2%

Investor7%

Mission & affordability

Share of 2024 acquisitions serving mission and Duty-to-Serve categories — first-time buyers, low-income borrowers and tracts, minority tracts, rural and high-opportunity areas, and persistent-poverty counties.

Mission-category shares

Each as a share of 2024 acquisitions

First-time homebuyer

38.9%

Low-income borrower (≤80% AMI)

26.7%

Low-income tract

18.0%

Minority tract (≥30%)

46.7%

Rural tract

23.2%

High-opportunity area

32.6%

Persistent-poverty county

3.1%

Acquisitions by state

Where the Enterprises acquired loans in 2024. Pick a metric: it recolours the map and re-ranks the table below by the same column (highlighted in the header). Every column still sorts on its own.

Loans acquired

120189,350

Texas189,35051%$334K78%22%36%18%75.7%6.61%31%

California155,72651%$507K75%25%42%13%69.6%6.65%40%

Florida149,50647%$335K83%17%34%18%73.3%6.68%38%

Illinois89,04445%$279K83%17%48%34%79.0%6.80%29%

Ohio82,37643%$233K81%19%42%38%78.5%6.80%26%

North Carolina78,21353%$321K80%20%34%25%74.3%6.67%27%

Pennsylvania72,19747%$279K83%17%45%33%77.7%6.72%26%

Michigan71,84345%$243K76%24%40%36%77.2%6.79%27%

Georgia70,14351%$331K77%23%34%25%74.3%6.69%30%

New York67,50549%$364K82%18%51%24%74.0%6.72%33%

Arizona57,64551%$362K77%23%31%24%72.0%6.61%33%

New Jersey54,35747%$404K80%20%48%21%73.0%6.74%34%

Indiana53,63745%$235K80%20%40%41%78.5%6.76%25%

Virginia53,40649%$374K81%19%38%32%74.7%6.70%29%

Washington52,61651%$455K79%21%41%22%72.5%6.66%33%

Colorado50,01950%$429K81%19%38%26%73.2%6.58%34%

Tennessee49,29850%$315K75%25%29%26%72.7%6.69%28%

Minnesota46,61951%$301K86%14%47%42%79.9%6.69%29%

Missouri45,03347%$249K78%22%37%36%77.2%6.78%24%

Wisconsin40,96856%$263K79%21%44%39%77.2%6.68%25%

South Carolina40,53150%$290K81%19%29%26%72.0%6.69%28%

Maryland38,23350%$374K83%17%45%38%78.1%6.71%32%

Massachusetts36,28748%$443K79%21%46%26%72.4%6.70%33%

Oregon28,18048%$397K82%18%39%21%72.9%6.68%33%

Utah26,95647%$419K78%22%34%25%74.0%6.56%34%

Alabama26,53949%$257K77%23%30%30%75.2%6.68%23%

Kentucky23,80740%$238K79%21%36%37%76.2%6.76%26%

Nevada23,49153%$368K82%18%35%19%73.1%6.57%36%

Iowa21,18555%$220K83%17%43%45%79.7%6.53%23%

Connecticut21,05745%$327K83%17%52%39%78.3%6.75%32%

Oklahoma20,67747%$238K79%21%31%27%76.7%6.78%25%

Kansas17,02048%$246K81%19%39%35%78.3%6.74%24%

Arkansas16,92048%$252K76%24%29%25%74.8%6.70%22%

Louisiana16,61647%$247K75%25%33%23%76.8%6.74%26%

Idaho15,82746%$346K78%22%30%24%69.9%6.58%31%

Nebraska13,48959%$252K80%20%40%37%77.6%6.70%25%

New Hampshire10,82048%$365K78%22%38%29%72.5%6.80%31%

New Mexico10,35952%$289K78%22%36%22%75.8%6.75%28%

Mississippi9,45255%$233K70%30%26%23%74.8%6.76%23%

Delaware8,50443%$327K83%17%34%30%72.9%6.72%29%

Maine7,87544%$316K76%24%33%25%72.6%6.84%28%

Montana6,70050%$344K73%27%30%22%68.6%6.70%30%

West Virginia6,58748%$211K77%23%34%33%76.5%6.77%22%

Rhode Island5,78347%$368K76%24%38%28%72.8%6.78%32%

South Dakota5,30362%$265K79%21%36%37%75.2%6.59%26%

Hawaii4,32750%$565K78%22%41%17%69.7%6.70%45%

Wyoming3,61651%$297K73%27%27%29%71.1%6.66%27%

Vermont3,49540%$302K78%22%41%29%74.1%6.74%26%

District of Columbia3,44652%$489K86%14%57%32%76.6%6.71%28%

North Dakota3,34247%$271K84%16%34%30%77.6%6.58%21%

Alaska2,63348%$335K77%23%31%31%76.5%6.76%29%

Puerto Rico1,42587%$179K81%19%41%7%79.3%6.78%28%

U.S. Virgin Islands14554%$474K87%13%14%2%71.6%7.50%39%

Guam12044%$355K61%39%35%7%76.1%6.63%17%

Methodology. One row per single-family acquisition (1–4 unit) in the FHFA PUDB Census Tract File, rolled up to state × acquisition year. “Acquisition year” is the year the Enterprise acquired the loan, not necessarily the origination year. Purpose, guarantee, occupancy, LTV, DTI, and mission flags are FHFA-coded fields; low-income borrower = borrower income ≤ 80% of area median; low-income tract = tract income ratio < 0.80; minority tract = tract minority ≥ 30%. The 2008–2024 series loads incrementally — only loaded years appear.