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Sandra Thompson tight-lipped on credit score changes, ending GSE conservatorships

Federal Housing Finance Agency Director Sandra Thompson is keeping her views on whether Fannie Mae and Freddie Mac should exit conservatorship and a decision on credit scoring models close to the vest.

“Ending conservatorships is not a quick action to undertake,” Thompson said in testimony Wednesday before the House Financial Services Committee. “There are capital targets that have to be met, other policy issues that have to be decided by other stakeholders — the U.S. Treasury, some with the Federal Reserve, and others.

“It’s not an easy or immediate process. We will do our best to make sure that when they do details ⇒

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