Oct 9 - Federal Housing Finance Agency Acting Director Edward J. DeMarco has released an updated strategic plan for FHFA for fiscal years 2013-2017 subtitled, “Preparing a Foundation for a More Efficient and Effective Housing Finance System.”
The four strategic goals included in the new FHFA plan are:
“The initiatives and strategies set forward in this plan will serve to improve current mortgage processes, inspire greater confidence among prospective market participants, and set the stage for recovery and an improved future system of housing finance,” said DeMarco. “Working with the Congress, the Administration and FHFA’s stakeholders, I am confident that FHFA will meet the challenge of building the foundation for a safer, more efficient, and effective system of housing finance.”
The agency requested public comment on the strategic plan in May in accordance with the Government Performance and Results Modernization Act of 2010. The updated plan also incorporates key components of FHFA’s Strategic Plan for Enterprise Conservatorships released in February.
Click here for the strategic plan.