WASHINGTON (3/23/15)--A report from the Federal Housing Finance Agency (FHFA) released last week highlights the activities the agency took in 2014 to further its goals regarding government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.
The FHFA previously released a strategic plan regarding its conservatorship of the GSEs in 2014, and this report describes how the agency has been meeting its stated goals to "maintain, reduce and build."
The strategic plan aimed to maintain credit availability and foreclosure prevention activities; reduce taxpayer risk by increasing the role of private capital in the mortgage market; and build a new infrastructure for GSE securitization functions, which includes developing a common securitization platform (CSP).
Advancement toward those goals have been achieved by:
The report concludes with a request for input on the progress update. Feedback can be submitted to ConservatorshipStrategicPlan@fhfa.gov.