FHFA: Fannie Mae and Freddie Mac Dodd-Frank Act Stress Tests

Investor Update
August 13, 2021

Source: FHFA

Washington, D.C. – Today, the Federal Housing Finance Agency (FHFA) released reports providing the results of the 2020 ​and 2021 annual stress tests Fannie Mae and Freddie Mac (the Enterprises) are required to conduct under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). The Dodd-Frank Act, as amended in 2019, requires certain financial institutions that are regulated by a federal financial regulatory agency with more than $250 billion in assets to conduct annual stress tests to determine whether they can absorb losses as a result of  severely adverse economic conditions. The report, Dodd-Frank Act Stress Tests – Severely Adverse Scenario,​ provides updated information on possible ranges of future financial results of the Enterprises under severely adverse economic conditions.

Dodd-Frank Act 2021 Stress Tests – Severely Adverse Scenario

2021 Summary Instructions and Guidance

Dodd-Frank Act 2020 Stress Tests – Severely Adverse Scenario

2020 Summary Instructions and Guidance

DFAST Frequently Asked Questions (FAQs)

Contacts:

​Media: Raffi Williams Raffi.Williams@FHFA.gov / Adam Russell Adam.Russell@FHFA.gov