$FNMA The Conservatorships of Fannie Mae and Fred

$FNMA The Conservatorships of Fannie Mae and Freddie Mac

Strategic Plan

? First is Build – build a new infrastructure for the secondary mortgage market;

? Second is Contract -- gradually contract the Enterprises’ dominant presence in the

marketplace while simplifying and shrinking their operations; and

? Third Maintain -- maintain foreclosure prevention activities and credit availability

for both new and refinanced mortgages.

http://www.fhfa.gov/webfiles/24489/2012_FHFA_..._final.pdf