Freddie Mac 2015 Annual Report Download - page 164

Management's Discussion and Analysis Conservatorship and Related Matters
Freddie Mac 2015 Form 10-K 162
FHFA’S STRATEGIC PLAN FOR FREDDIE MAC AND FANNIE MAE
CONSERVATORSHIPS
In May 2014, FHFA issued its 2014 Strategic Plan. In January and December 2015, FHFA issued the
2015 and 2016 Conservatorship Scorecards, respectively. The 2014 Strategic Plan updated FHFA's
vision for implementing its obligations as Conservator of Freddie Mac and Fannie Mae. The
Conservatorship Scorecards established annual objectives and performance targets and measures for
Freddie Mac and Fannie Mae related to the strategic goals set forth in the 2014 Strategic Plan.
The 2014 Strategic Plan established three reformulated strategic goals for the conservatorships of
Freddie Mac and Fannie Mae:
• Maintain, in a safe and sound manner, foreclosure prevention activities and credit availability for new
and refinanced loans to foster liquid, efficient, competitive, and resilient national housing finance
markets.
• Reduce taxpayer risk through increasing the role of private capital in the mortgage market.
• Build a new single-family securitization infrastructure for use by Freddie Mac and Fannie Mae and
adaptable for use by other participants in the secondary market in the future.
We continue to align our resources and internal business plans to meet the goals and objectives provided
by FHFA.
For information about the 2015 Conservatorship Scorecard, and our performance with respect to it, see
“Executive Compensation - Compensation Discussion and Analysis.” For information about the 2016
Conservatorship Scorecard, see our current report on Form 8-K filed on December 18, 2015.
For more information on the conservatorship and related matters, see "Regulation and Supervision," “Risk
Factors - Conservatorship and Related Matters,” Note 2, Note 10, and “Directors, Corporate Governance,
and Executive Officers - Authority of the Board and Board Committees.”