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February 21, 2012 12:14 PM EST
The regulator of housing giants Fannie Mae and Freddie Mac on Tuesday outlined a new strategic plan to Congress on how it will oversee the two firms more than three years after they were taken over by the federal government.
Absent any clear direction from lawmakers, the Federal Housing Finance Agency said the primary three goals going forward include: building a new infrastructure for the secondary mortgage market, reducing Fannie Mae and Freddie Mac's role in the market, and maintaining anti-foreclosure efforts.
(Reporting By Margaret Chadbourn; Editing by Chizu Nomiyama)
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