Conservatorships Performance Goals - Scorecard

2025 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions

Each year, FHFA releases an annual Scorecard to communicate and provide public awareness of its priorities and expectations for Fannie Mae and Freddie Mac (together, the Enterprises) and Common Securitization Solutions, LLC (CSS). For the 2025 Scorecard, the two equally weighted objectives are for the Enterprises to (1) Promote Equitable Access to Affordable and Sustainable Housing and (2) Operate the Business in a Safe and Sound Manner. For all Scorecard items, the Enterprises and CSS will be assessed based on the following criteria:¹

Assessment Criteria

• Each entity's products and programs foster liquid, competitive, efficient, and resilient housing finance markets that support affordable, sustainable, and equitable access to homeownership and rental housing.
• Each entity conducts business in a safe and sound manner.
• Each entity meets expectations under all FHFA requirements, including those pertaining to capital, liquidity, and credit risk transfer.
• Each entity continues to manage operations while in conservatorship in a manner that preserves and conserves assets through the prudent stewardship of resources.
• Each entity cooperates and collaborates with FHFA in developing plans, policies, and activities that align with the Conservator’s priorities and guidance, as well as with FHFA’s FAIR values (Fairness, Accountability, Integrity, and Respect).
• Each entity delivers work products that are high quality, thorough, creative, effective, and timely, while considering their effects on homeowners, multifamily property owners, renters, the Enterprises, the industry, the secondary mortgage market, and other stakeholders.
• Each entity maintains compliance with all applicable laws and regulations.

¹The Enterprises will be assessed on all the criteria. CSS will be assessed on the criteria applicable to its operations.