On March 16, 2015, tthe Federal Housing Finance Agency (FHFA) issued a Progress Report on the initiatives outlined in the 2014 Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac and the 2014 Conservatorship Scorecard. The Progress Report describes activities Fannie Mae and Freddie Mac undertook in 2014 to further FHFA's conservatorship goals: Maintain, Reduce, and Build. The report notes important progress made in advancing access to credit, continuing and enhancing loss mitigation and foreclosure prevention efforts, reducing risk to taxpayers by increasing the role of private capital in the mortgage market, and furthering the development of the Common Securiti-zation Platform (CSP) and a Single Security.
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