The Federal Housing Finance Agency (FHFA) released the 2019 Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac and a new 2020 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions. The strategic plan provides a framework for how the agency will guide Fannie Mae and Freddie Mac (Government Sponsored Enterprises/GSEs/Enterprises) to fulfill their statutory missions, focus on safety and soundness and prepare for a responsible end to the conservatorships. The Scorecard aligns the Strategic Plan with the Enterprises’ tactical priorities and operations, serving as an essential tool to hold the Enterprises accountable for the effective implementation of the Strategic Plan. The three objectives of this new Strategic Plan and Scorecard are to ensure that the Enterprises:
- Focus on their core mission responsibilities to foster competitive, liquid, efficient and resilient national housing finance markets that support sustainable homeownership and affordable rental housing;
- Operate in a safe and sound manner appropriate for entities in conservatorship; and
- Prepare for their eventual exits from the conservatorships.