FHFA Updates Strategic Plan

Posted by Orb Staff on October 10, 2012 No Comments
Categories : Residential Mortgage

12548_fhfa-02595023 FHFA Updates Strategic Plan The Federal Housing Finance Agency (FHFA) has released an updated strategic plan for its operations during fiscal years 2013-2017.

The plan, subtitled, ‘Preparing a Foundation for a More Efficient and Effective Housing Finance System,’ cites four key goals: maintaining a safe and sound environment for the government-sponsored enterprises; ensuring stability, liquidity, and access in housing finance; preserving and conserving Fannie Mae and Freddie Mac's assets; and preparing for the future of U.S. housing finance.

‘The initiatives and strategies set forward in this plan will serve to improve current mortgage processes, inspire greater confidence among prospective market participants, and set the stage for recovery and an improved future system of housing finance,’ says FHFA Acting Director Edward DeMarco. ‘Working with Congress, the administration and FHFA's stakeholders, I am confident that FHFA will meet the challenge of building the foundation for a safer, more efficient and effective system of housing finance.’

The entire 31-page strategic plan is now available online.

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