2016FHFAScorecard-FederalHousingFinanceAgency.PDFVIP

2016 SCORECARD FOR FANNIE MAE, FREDDIE MAC, AND COM MON SECURITIZATION SOLUT IONS December 17, 2015 Division of Conservatorship Page Footer 2016 Scorecard 2 0 1 6 S c o r e c a r d f o r F a n n i e M a e , F r e d d i e M a c , a n d C o m m o n S e c u r i t i z a t i o n S o l u t i o n s For all Scorecard items, Fannie Mae and Freddie Mac (the Enterprises) and Common Securitization Solutions will be assessed based on the following criteria: Assessment Criteria • The extent to which each Enterprise conducts initiatives in a safe and sound manner consistent with FHFA’s expectations for all activities; • The extent to which the outcomes of their activities support a competitive and resilient secondary mortgage market to support homeowners and renters; • The extent to which each Enterprise conducts initiatives with the consideration for diversity and inclusion consistent with FHFA’s expectations for all activities; • Cooperation and collaboration with FHFA, each other, the industry, and other stakeholders; and • The quality, thoroughness, creativity, effectiveness, and timeliness of their work products. 2 2016 Scorecard Maintain, in a Safe and Sound Manner, Credit Availability and Foreclosure Prevention Activities for New and Refinanced Mortgages to Foster Liquid, Efficient, Competitive, and Resilient National Housing Finance Markets. (40%) The Enterprises are to: Work to Increase Access to Single-Family Mortgage Credit for Creditworthy Borrowers, Consistent with the Full Extent of Applicable Credit Requirements and Risk Management Practices: • Continue to assess impediments to credit access and develop recommendations to address barriers, i