FHFA Scorecard – More General than Aspirational

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Posted To: MND NewsWire

The 2019 goals for the GSE conservatorship are a good deal more general than those put forward on the yearly Scorecard from the Federal Housing Finance Agency (FHFA) in the early years of the recovery. Many of the goals outlined in 2012 and thereafter have been accomplished – setting limits on compensation for Freddie Mac and Fannie Mae executives, building a common securitization platform and issuing a single security for the two companies. Those for next year, released earlier this week, appear to be a case of continuing to continue on, marking time until Congress and the Trump Administration get their act together and resolve the fate of Fannie and Freddie. Anyway, FHFA says its 2019 Scorecard furthers the coals outlined in its Strategic Plan for the Conservatorships of Fannie Mae and Freddie…(read more)

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