Federal Housing Finance Agency Print
Home / Media / FHFA Releases New Strategic Plan and Scorecard for Fannie Mae and Freddie Mac
News Release

FHFA Releases New Strategic Plan and Scorecard for Fannie Mae and Freddie Mac

FOR IMMEDIATE RELEASE
10/28/2019

​​​Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released a new 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 FHFA will guide Fannie Mae and Freddie Mac (the 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. 

“Our nation’s mortgage finance system is in urgent need of reform,” said FHFA Director Mark Calabria. “The vision for reform articulated in the Strategic Plan and advanced in the Scorecard will serve borrowers and renters by preserving mortgage credit availability, protect taxpayers by ensuring Fannie Mae and Freddie Mac can withstand an economic downturn, and support a strong and resilient secondary mortgage market.” 

The three objectives of this new Strategic Plan and Scorecard are to ensure that the Enterprises: 

1. Focus on their core mission responsibilities to foster competitive, liquid, efficient, and resilient (CLEAR) national  ​housing finance markets that support sustainable homeownership and affordable rental housing;

2. Operate in a safe and sound manner appropriate for entities in conservatorship; and 

3. Prepare for their eventual exits from the conservatorships. 

Links to: 2019 Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac and 2020 Scorecard for Fannie, Mae, Freddie Mac, and Common Securitization Solutions​ ​

Attachments:

###

​The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 11 Federal Home Loan Banks. These government-sponsored enterprises provide more than $6.3 trillion in funding for the U.S. mortgage markets and financial institutions. Additional information is available at www.FHFA.gov, on Twitter, @FHFA, YouTube, Facebook, and LinkedIn.
Contacts:
Media: Raffi Williams (202) 649-3544 / Stefanie Johnson (202) 649-3030
© 2019 Federal Housing Finance Agency