10/27/2011
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released updated projections of the financial performance of Fannie Mae and Freddie Mac, including potential draws under the Senior Preferred Stock Purchase Agreements with the U.S. Department of the Treasury. FHFA first released financial projections in October 2010, and these updated projections show similar results for two out of three scenarios, and a decrease in cumulative Treasury draws in one scenario. Through the FHFA Conservator’s Report, FHFA tracks actual performance versus projections on a quarterly basis.
Contacts:
Corinne Russell (202) 649-3032 / Stefanie Johnson (202) 649-3030