Freddie Mac 2014 Annual Report Download - page 261

256 Freddie Mac
• Publish an industry announcement of the UCD dataset, as well as a timeline
for the collection of the data.
• Uniform Loan Application Dataset (ULAD): The goals were achieved
• Reassess loan application data needs;
• Update the physical format of the URLA; and
• Demonstrate progress towards creating a draft ULAD specification.
At-Risk Deferred Salary Based on Corporate Scorecard Goals and Individual Performance
The other half of each NEO's At-Risk Deferred Salary, also equal to 15% of Target TDC, was subject to reduction based
on a combination of the company's performance against the Corporate Scorecard goals and the NEO's individual performance.
The seven Corporate Scorecard goals drive how we manage and improve the commercial aspects of our business and are
intended to complement the FHFA Strategic Plan and Conservatorship Scorecard. Certain of the individual performance
objectives for the NEOs were either Conservatorship Scorecard objectives or Corporate Scorecard goals or directly supported
their achievement.
No weightings were assigned to the Corporate Scorecard goals. As a result, it was necessary for the Compensation
Committee to use its judgment in determining the overall level of performance. In making its determination, the Committee
primarily considered the fact that the vast majority of the Corporate Scorecard goals were achieved. The Compensation
Committee determined that, based on the company's performance against the Corporate Scorecard, a 100% funding level was
justified for this portion of At-Risk Deferred Salary.
The Board has adopted Corporate Scorecard goals for 2015 that are substantially similar to the 2014 goals.
The table below presents the Corporate Scorecard goals and the Compensation Committee's assessment of our
achievement against those goals.
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