Anticipating a shellacking at a Senate Banking hearing next week, FHFA today issued a “scorecard” building on its earlier strategic plan by setting deadlines for several of the initiatives FHFA hopes will be GSE game-changers. Of most note are rapid turn-arounds for higher g-fees, plans to get the GSEs out of the multi-family business, use of more private-sector risk-sharing structures (possibly including deeper MI) and development of a single securitization platform.
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