The Federal Housing Finance Agency (FHFA) recently released its 2025 Scorecard for government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, establishing an array of objectives for the GSEs to operate safely and soundly, further develop risk management frameworks, and support market improvements in housing supply and affordability, among other steps.
The annual list of objectives includes steps for the GSEs’ to better manage risk, support market improvements, and facilitate enhanced resilience of the nation’s housing stock.
Interestingly, the 2025 Scorecard guides the GSEs to improve their risk management frameworks related to their use of artificial intelligence (AI) and to explore the benefits and risks associated with expanded use of AI and machine learning in the mortgage industry.
The FHFA releases its Scorecard annually to communicate the agency’s priorities and expectations for both the GSEs and Common Securitization Solutions, LLC (CSS), in a transparent manner.
“The 2025 Scorecard establishes objectives for the Enterprises to address affordability challenges in the housing market, facilitate greater supply and resilience of the nation’s housing stock, improve efficiency in mortgage processes, and promote sustainability in housing outcomes,” says Sandra L. Thompson, director of the FHFA, in a statement. “These objectives are consistent with FHFA’s responsibility to ensure the Enterprises fulfill their mission of promoting liquidity and access to sustainable mortgage credit in a safe and sound manner.”
The Scorecard also reinforces the importance of strengthening the GSEs’ resilience to a range of financial and operational risks, including those related to natural disasters.
Photo: Steve Johnson