fha fa, along with fannie and freddie, have made great progress on developing the common securitization platform, but all the components of the csp, including the common single security, will require a multiyear effort before final implementation. having defined the csp's parameters as i've described today, we are well-positioned to move forward. throughout this process we will provide opportunities for stakeholder input about our decisions along the way. in releasing fhfa's 2014 strategic plan, my goal today has been to provide a clear sense of direction for the enterprises ongoing conservatorships. implementing these objectives will require ongoing analysis, evaluation and input. fhfa will proceed with these steps in a transparent way that incorporates feedback and input of the public and stakeholder groups whenever possible. one example of this approach is our upcoming request for input on the guarantee fees charged by fannie and freddie, which we will release very soon. as many of you know on my second day as director of fhfa, i issued a directive to fannie and freddie that they del