Fannie and Freddie’s 2019 Goals

first_img The Best Markets For Residential Property Investors 2 days ago  Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Related Articles On Wednesday, The Federal Housing Finance Agency (FHFA) released the 2019 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions. The FHFA notes that the 2019 Scorecard furthers the goals outlined in the Agency’s 2014 Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac.Much like the previous year’s Scorecard, the GSEs, as well as Common Securitization Solutions, will be assessed for all Scorecard items based on the following key criteria: The extent to which each Enterprise conducts initiatives in a safe and sound manner consistent with FHFA’s expectations for all activities; the extent to which the outcomes of each Enterprise’s activities support a competitive and resilient secondary mortgage market to support homeowners and renters; the extent to which each GSE meets FHFA’s expectations under the Conservatorship Capital Framework (CCF), including FHFA’s expectations on meeting appropriate return on conservatorship capital targets; the extent to which each Enterprise conducts initiatives with consideration for diversity and inclusion consistent with FHFA’s expectations for all activities; cooperation and collaboration with FHFA, each other, the industry, and other stakeholders; and the quality, thoroughness, creativity, effectiveness, and timeliness of their work products.Goals for 2019 include reducing taxpayer risk through increasing the role of private capital in the mortgage market; and building a new single-family infrastructure for use by the GSEs and adaptable for use by other participants in the secondary market in the future.Another key goal FHFA expects for 2019 is for the GSEs to maintain, in a safe and sound manner, credit availability and foreclosure prevention activities for new and refinanced mortgages to foster liquid, efficient, competitive and resilient national housing finance markets. In the Scorecard, FHFA notes that it expects Fannie Mae and Freddie Mac to operate their single-family and multifamily business activities safely and effectively, in a manner that supports safety and soundness, market liquidity, and access to credit.Find the complete Scorecard here. Common Securitization Solutions Fannie Mae FHFA Freddie Mac 2018-12-20 Seth Welborn Data Provider Black Knight to Acquire Top of Mind 2 days ago Demand Propels Home Prices Upward 2 days ago Previous: Why Single-Source Vendors Could be the Future Next: Predictions for the 2019 Housing Market Sign up for DS News Daily in Daily Dose, Featured, Government, News, Secondary Market Home / Daily Dose / Fannie and Freddie’s 2019 Goals Tagged with: Common Securitization Solutions Fannie Mae FHFA Freddie Maccenter_img December 20, 2018 2,604 Views Seth Welborn is a Reporter for DS News and MReport. A graduate of Harding University, he has covered numerous topics across the real estate and default servicing industries. Additionally, he has written B2B marketing copy for Dallas-based companies such as AT&T. An East Texas Native, he also works part-time as a photographer. The Best Markets For Residential Property Investors 2 days ago About Author: Seth Welborn Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe Fannie and Freddie’s 2019 Goals Demand Propels Home Prices Upward 2 days ago Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days agolast_img

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