Free U.S. Federal Housing Finance Agency (FHFA) Examiner Exam Questions and Answers
U.S. Federal Housing Finance Agency (FHFA) Examiner Exam is one of the US Federal tests covered here. There is no government-wide federal entrance exam: each agency runs its own screen, from OPM's USA Hire battery to Customs and Border Protection's own entrance examinations.
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Last updated: August 31, 2026
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Question #1
What does FHFA stand for?
Please select an optionIncorrectCorrect answer: B
FHFA stands for Federal Housing Finance Agency, which oversees the housing government-sponsored enterprises.
Was this answer correct?Question #2
Which of the following is a role of the FHFA?
Please select an optionIncorrectCorrect answer: B
The FHFA regulates government-sponsored enterprises (GSEs) like Fannie Mae and Freddie Mac.
Was this answer correct?Question #3
What is one of the primary goals of the FHFA?
Please select an optionIncorrectCorrect answer: A
One of the primary goals of the FHFA is to ensure liquidity in the housing market.
Was this answer correct?Question #4
What year was the FHFA created?
Please select an optionIncorrectCorrect answer: D
The FHFA was created in 2008 as part of the Housing and Economic Recovery Act.
Was this answer correct?Question #5
What is the primary purpose of the FHFA?
Please select an optionIncorrectCorrect answer: A
The primary purpose of the FHFA is to regulate government-sponsored enterprises (GSEs).
Was this answer correct?Question #6
Which entities does the FHFA oversee?
Please select an optionIncorrectCorrect answer: B
The FHFA oversees Fannie Mae and Freddie Mac, which are GSEs in the housing finance market.
Was this answer correct?Question #7
In which year did Fannie Mae become a publicly traded company?
Please select an optionIncorrectCorrect answer: D
Fannie Mae was established as a publicly traded company in 1968.
Was this answer correct?Question #8
What type of loans do Fannie Mae and Freddie Mac primarily purchase?
Please select an optionIncorrectCorrect answer: A
Fannie Mae and Freddie Mac primarily purchase conventional loans to promote liquidity.
Was this answer correct?Question #9
What is the main risk that the FHFA aims to mitigate?
Please select an optionIncorrectCorrect answer: C
The FHFA aims to mitigate credit risk associated with the GSEs it regulates.
Was this answer correct?Question #10
Which of the following is NOT a function of the FHFA?
Please select an optionIncorrectCorrect answer: C
The FHFA does not set interest rates; that is the role of the Federal Reserve.
Was this answer correct?
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FAQ
- Q1: What is the U.S. Federal Housing Finance Agency (FHFA) Examiner Exam exam?
- A: U.S. Federal Housing Finance Agency (FHFA) Examiner Exam is a US Federal certification exam. Judging by the questions in our bank, it concentrates on fhfa, gses, housing, mortgage and fannie.
- Q2: What topics does the U.S. Federal Housing Finance Agency (FHFA) Examiner Exam exam cover?
- A: Questions in our U.S. Federal Housing Finance Agency (FHFA) Examiner Exam bank cluster around fhfa, gses, housing, mortgage, fannie, conservatorship and market. Working through the full set is the quickest way to find which of these you are weakest on.
- Q3: How should I prepare for U.S. Federal Housing Finance Agency (FHFA) Examiner Exam?
- A: Work through the U.S. Federal Housing Finance Agency (FHFA) Examiner Exam practice questions here, checking your answer on each one, then sit the practice test to rehearse the exam under timed conditions before the real thing.
- Q4: Are these real U.S. Federal Housing Finance Agency (FHFA) Examiner Exam exam questions?
- A: They are drawn from officially released past questions and from community members who have sat U.S. Federal Housing Finance Agency (FHFA) Examiner Exam. Answers are verified and updated weekly.
- Q5: Where do I register for the U.S. Federal Housing Finance Agency (FHFA) Examiner Exam exam?
- A: Register through US Federal directly. Exampractice is not affiliated with US Federal and does not administer the exam.
- Q6: Is there a free U.S. Federal Housing Finance Agency (FHFA) Examiner Exam sample?
- A: Yes. Every U.S. Federal Housing Finance Agency (FHFA) Examiner Exam page shows a free sample of real questions. Upgrading opens the full bank and the practice test.