In its 2012 Annual Housing Report released today, the Federal Housing Finance Agency suggested that Fannie Mae and Freddie Mac might be decreasing their business.

The FHFA reported that in 2011, the Enterprises brought in $870 billion of single-family mortgages, down 11% from the $983 acquired in 2010.

According to the report, there was minimal change in the distribution of the loan-to-value ratios of single-family mortgages that Fannie Mae and Freddie Mac acquired in 2011.

In fact, the mortgages with loan-to-value ratios of 80 percent or below decreased from 85.6% in 2010 to 84.0% in 2011.

Additionally, interest-only mortgages accounted for 0.4% of combined acquisitions; this reveals a 0.5% decrease from 2010.