A letter sent to the Federal Housing Finance Agency last week from a bipartisan group of senators asking for more transparency and clarity on GSE risk transfers included the request of a five-year goal timeline.Although FHFA officials have talked about risk transfers by Fannie Mae and Freddie Mac, most of the description of the program is sparsely outlined in the agency’s strategic plan and the 2015 scorecard.The Senate Banking, Housing and Urban Affairs Committee members said that the FHFA needs to be more forthright about its plans to expand the credit-risk transfer activities of the GSEs. However, one analyst believes while more clarity would be helpful, outlining risk sharing in a five-year context would be challenging.