Fannie Mae (FNMA)

[Nikki24]

What does this mean, that the enterprises must be placed in receivership in order to be released from conservatorship?

The scorecard requires both Fannie and Freddie to begin developing a plan to resolve its business in the event the enterprises were to be placed in receivership, also known as a "living will," which the agency has called a necessary step toward Fannie Mae and Freddie Mac's fiscally responsible exit from government oversight.