Today, the Federal Housing Finance Agency (FHFA) released the 2023 Scorecard for Fannie Mae and Freddie Mac (together, the Enterprises) and their joint venture, Common Securitization Solutions, LLC (CSS). Each year, FHFA releases an annual Scorecard to communicate and provide public awareness of its priorities and expectations for the Enterprises and CSS.
“The annual Scorecard is an important tool for ensuring that the Enterprises operate in a safe and sound manner and fulfill their mission requirements,” said FHFA Director Sandra L. Thompson. “The 2023 Scorecard builds on the progress made in 2022 to strengthen the Enterprises’ capital position while advancing equitable and sustainable access to homeownership and rental housing.”
The 2023 Scorecard focuses on specific Enterprise goals that address affordability, fair lending, and equity, in addition to modernizing single-family appraisal processes and continuing to prioritize climate risks. The Scorecard also ensures that the Enterprises employ effective risk management systems and maintain sufficient liquidity to sustain operations through severe stress events.
2023 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions
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