FHFA Gives GSEs Their Marching Orders for 2014

WASHINGTON, DC—The regulator is calling on the GSEs to step up affordable housing and manufactured housing loans and to expand their risk-sharing securitization structures and activities.

By Erika Morphy | Updated on May 14, 2014

WASHINGTON, DC—As we reported he would earlier this week, Federal Housing Finance Agency Director Melvin L. Watt gave his first major public speech as agency director, and yes, he released the long-awaited 2014 Scorecard for the GSEs at the event, as well as the new Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac.

The FHFA is maintaining the dollar volume of new multifamily business for each enterprise at or below the 2013 caps, except for affordable housing loans, loans to small multifamily properties and loans to manufactured housing rental communities.

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