Failure Analysis and Change Strategy

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Surname 1 Name: Tutor: Course: Date: Failure Analysis/Change Strategy Fannie Mae and Freddie Mac Mission The Company’s mission is to stabilize the US residential mortgage market as well as expand the opportunities for people to own homes through affordable housing strategies. In this, the company aims at providing stability, liquidity, and affordability in the country’s housing market[Sta11]. Vision To build a better housing finance system for the community and the country through supporting the housing market, improving the company’s business and innovation for future purposes. Objectives 1. Maintain foreclosure prevention activities and availability of credits for customers in a sound and safe manner that will influence liquidity, efficiency, resilience and competitiveness in the housing finance market 2. Increase the private capital’s role in the mortgage market, thus reducing the consumer risk
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Surname 2 3. Construct a new single-family securitization infrastructure, which can be used by other enterprises and participants in the mortgage market in the future.
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