In May of 2014 FHFA published an updated Strategic Plan for Enterprise Conservatorships and an annual Scorecard for Fannie Mae, Freddie Mac (the Enterprises) and Common Securitization Solutions. The 2015 Scorecard was released in January. 

Fannie Mae and Freddie Mac Goals:

MAINTAIN - in a safe and sound manner, credit availability and foreclosure prevention activities for new and refinanced mortgages to foster liquid, efficient, competitive, and resilient national housing finance markets.

REDUCE - taxpayer risk through increasing the role of private capital in the mortgage market.

BUILD - a new single-family securitization infrastructure for use by the Enterprises and adaptable for use by other participants in the secondary market in the future.

For detailed scorecard goals go to 2015 Scorecard.

​​For all Scorecard items, Fannie Mae & Freddie Mac (the Enterprises) and Common Securitization Solutions will be assessed based on the following criteria:

The extent to which each Enterprise conducts initiatives in a safe and sound manner consistent with FHFA’s expectations for all activities;  

• The extent to which the outcomes of their activities support a competitive, resilient, and liquid secondary mortgage market to the benefit of homeowners and renters; 
• The extent to which each Enterprise conducts initiatives with the appropriate consideration for diversity and inclusion consistent with FHFA’s expectations for all activities;
• Cooperation and collaboration with FHFA, each other, the industry, and other stakeholders as appropriate; and
• The quality, thoroughness, creativity, effectiveness, and timeliness of their work products.

2015 Goals for the Common Securitization Solutions, LLC (CSS):

Common Securitization Solutions, LLC is to continue to build and test the Common Securitization Platform (CSP)

Work on CSP should incorporate the following design principles:

• Focus on the functions necessary for current Enterprise single-family securitization activities. 
  
• Include the development of the operational and system capabilities necessary to issue a Single Security for the Enterprises.
  
• Allow for the integration of additional market participants in a future system.