In Brief: GSE Regulator Sends Plans to Congress

WASHINGTON — The Office of Federal Housing Enterprise Oversight sent its strategic plan for the fiscal years 2000 to 2005 to Congress on Friday.

The plan, which is mandated by the Government Performance and Results Act of 1993, details mission, goals, and objectives for the next five years and provides a blueprint for achieving them. The plan describes three regulatory objectives: to ensure that Fannie Mae and Freddie Mac are adequately capitalized, to hold safety and soundness examinations of the companies, and to perform research and analysis on emerging matters related to Fannie and Freddie.