Ending Fannie/Freddie Conservatorship Still a Top Priority for FHFA

Posted To: MND NewsWire

Mark Calabria, Director of the Federal Housing Finance Agency (FHFA) is stepping up his agency’s actions to spring Fannie Mae and Freddie Mac (the GSEs) from their decades long federal receivership. Most recently he called on the mortgage industry to give feedback on FHFA’s strategic plan which includes steps to do so. FHFA’s strategic plan for fiscal years 2021 to 2024 lays out the framework for three key goals over the next few years: Ensure safe and sound regulated entities through world-class supervision. Foster competitive, liquid, efficient, and resilient national housing finance markets. Position the Agency as a model of operational excellence by strengthening the workforce and infrastructure. The third objective of goal 1 is to “Responsibly end the conservatorship” of the GSEs. In his…(read more)

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