GSE's

CFA and CAP Comments on Proposed Fannie-Freddie Housing Goals for 2015-17

Strong and predictable enforcement of the housing goals is a critical part Congress’ overall approach on this matter. Current statutory authorities provides a range of enforcement tools, including the ability to require Plans of Action, to issue cease and desist orders, and to impose civil monetary penalties when housing goals are not met. Moving forward, we recommend FHFA fully use the authorities we have described above in evaluating performance against both the benchmark and market tests.