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Home » Store » Legislation » FHFA: Freddie Struggling to Hit 2013 Affordable Housing Benchmark; Neither GSE in ‘Sound Financial Condition’

FHFA: Freddie Struggling to Hit 2013 Affordable Housing Benchmark; Neither GSE in ‘Sound Financial Condition’

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Legislation

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Fannie Mae’s and Freddie Mac’s housing goal performance exceeded the benchmark levels for all of the single-family and multifamily goals set for the two government-sponsored enterprises in 2012, but preliminary figures show that Freddie is struggling to hit the mark for 2013, according to a new Federal Housing Finance Agency report. The FHFA’s annual report to Congress, released late last week, reveals official figures on each GSE’s goal performance in 2012 and preliminary data on goal performance in 2013. Both GSEs hit...[Includes one data chart]
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