Federal Housing Finance Agency Announces Revised Goals for Fannie Mae and Freddie Mac Conservatorships

February 24, 2012
The Federal Housing Finance Agency has published an updated strategic plan setting forth its conservatorship objectives for Fannie Mae and Freddie Mac. The FHFA’s goals include building a new and more open secondary mortgage market infrastructure, reducing Fannie Mae’s and Freddie Mac’s dominant position in U.S. housing finance, and maintaining credit availability and mortgage foreclosure prevention activities. This update summarizes the objectives of the strategic plan.