Last week the Federal Home Finance Administration issued an Advanced Notice of Proposed Rulemaking (ANPR) which outlines proposed changes in membership requirements for Federal Home Loan Banks (Banks). The 12 Banks, regionally dispersed throughout the United States, were originally organized in 1932...
The Federal Home Finance Agency FHFA) has issued the final rules for the three financial entities it oversees and an advance notice of proposed rulemaking for the Federal Home Loan Banks (Banks.) The three final rules, all of which have been through a period of public comment, concern GSE portfolio holdings...
The Federal Housing Finance Agency (FHFA) has released projections showing possible future financial performances of Fannie Mae and Freddie Mac and the potential draws from the U.S. Treasury under terms of the Preferred Stock Purchase Agreements (PSPAs). To date Fannie Mae and Freddie Mac have drawn...
The first Conservator's Report on the Enterprises' Financial Performance issued by the Federal Housing Finance Agency on Thursday makes an argument that the Government Sponsored Enterprises' role in the housing market was and still is vital. It also paints a picture of their fall prior to...
Saying it would enhance the uniformity and depth of collateral, borrower, and loan data, the Federal Housing Finance Agency (FHFA) is gearing up for a new program to improve Freddie Mac and Fannie Mae's data collection standards and processes. The Uniform Mortgage Data Program will be phased in over...
The central goal of the Federal Housing Finance Agency (FHFA) in managing its conservatorship of Freddie Mac and Fannie Mae is and conserving the assets of the corporations by minimizing their credit losses from delinquent mortgages. This goal and others were outlined in a letter earlier this month from...