​​​​​​​​​​Today, the Federal Housing Finance Agency (FHFA) released the 2024 Scorecard for Fannie Mae and Freddie Mac (together, the Enterprises) and their joint venture, Common Securitization Solutions, LLC (CSS). Each year, FHFA releases an annual Scorecard to communicate and provide public awareness of its priorities and expectations for the Enterprises and CSS.

The two equally weighted objectives of the 2024 Scorecard are for the Enterprises to (1) Promote Equitable Access to Affordable and Sustainable Housing and (2) Operate the Business in a Safe and Sound Manner. For all Scorecard items, the Enterprises and CSS will be assessed based on the following criteria1:

Assessment Criteria

• Each entity’s products and programs foster liquid, competitive, efficient, and resilient housing finance markets that support affordable, sustainable, and equitable access to homeownership and rental housing.
• Each entity conducts business in a safe and sound manner.
• Each entity meets expectations under all FHFA requirements, including those pertaining to capital, liquidity, and credit risk transfer.
• Each entity continues to manage operations while in conservatorship in a manner that preserves and conserves assets through the prudent stewardship of resources.
• Each entity cooperates and collaborates with FHFA to meet the Conservator’s priorities and guidance throughout the course of the year in alignment with FHFA’s FAIR values (Fairness, Accountability, Integrity, and Respect).
• Each entity delivers work products that are high quality, thorough, creative, effective, and timely, and that consider effects on homeowners, multifamily property owners, renters, the Enterprises, the industry, and other stakeholders.
• Each entity ensures that diversity, equity, and inclusion remain top priorities in strategic planning, operations, and business development.

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1 The Enterprises will be assessed on all the criteria. CSS will be assessed on the criteria applicable to its operations.