About Us
Pilot Transparency
Pilot activities help to ensure that the expansion of affordable, sustainable, and healthy housing options for consumers follow a safe and sound structure.
What is a pilot?
Pilots involve limited scope testing of hypotheses to compare expected results to actual results and helps us make informed decisions regarding market rollout.
How are pilots developed?
We consider many factors when pilots are being developed including:
- Business requirements
- Legal and regulatory requirements
- Success measures
- Timelines
- Appropriate market participants
Prior to launching a pilot, we:
- Identify the problem we are trying to solve
- Develop the pilot objectives and metrics to track performance
We monitor throughout the pilot lifecycle and determine whether to:
- End the pilot
- Continue the pilot to test additional variables
- Deploy the innovation to the market
The pilot list will be refreshed on a biannual cadence at month-end April and October. If a new pilot launches between reporting cycles, it will be reflected below within 30 days after launch.
| Name | Description | Status | Plan Alignment | Scope/Duration |
|---|---|---|---|---|
| Expanded Housing Choice | This pilot aims to remove barriers to housing by incentivizing borrowers to accept housing choice vouchers. | Closed | Duty to Serve | April 4, 2022 - June 30, 2025 |
| Multifamily Positive Rent Payment | This research pilot aims to increase on-time rent payment reporting at Multifamily properties to credit bureaus for inclusion in individual renter’s credit scores. Rent reporting is aligned with the Multifamily strategy to empower renters through (1) education, (2) access to stable, affordable housing, and (3) financial stability. | Closed | September 27, 2022 - June 30, 2025 | |
| Title Acceptance | Certain refinance transactions determined to have low title risk may be sold to Fannie Mae without the requirement of a lender’s title insurance policy or Attorney Opinion Letter (AOL), helping to reduce closing costs for borrowers. | Active | November 19, 2024 - May 31, 2026 |
