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News Release

FHFA Issues RFI on Climate and Natural Disaster Risk Management at the Regulated Entities

FOR IMMEDIATE RELEASE
1/19/2021

​​​Washington, D.C. – The Federal Housing Finance Agency (FHFA) today issued a Request for Input (RFI) on the current and future natural disaster risk to the housing finance system and to Fannie Mae and Freddie Mac (the Enterprises) and the Federal Home Loan Banks (the FHLBanks)—collectively the regulated entities. The information that FHFA is requesting will enhance the Agency's ability to fulfill its statutory mission to ensure that the regulated entities operate in a safe and sound manner. The RFI raises questions about two broad sets of issues: identifying and assessing climate and natural disaster risk and enhancing FHFA's supervisory and regulatory framework.

“Natural disasters can adversely affect the regulated entities. Historically, the ability to assess the scale, timing, location, and impact of such risks has been limited. Today's RFI will help FHFA better understand and address the regulated entities' exposure to climate and natural disaster risk," said Director Mark Calabria. ​

FHFA invites feedback on all aspects of the RFI within 90 days of publication, no later than April 19, 2021. Comments should be submitted electronically or via mail to the Federal Housing Finance Agency, Office of the Director, 400 7th Street, S.W., 10th floor, Washington, D.C., 20219.

RFI​
Attachments:

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​​​The Federal Housing Finance Agency regulates Fannie Mae, Freddie Mac and the 11 Federal Home Loan Banks. These government-sponsored enterprises provide more than $7.2 trillion in funding for the U.S. mortgage markets and financial institutions. Additional information is available at www.FHFA.gov, on Twitter, @FHFA, YouTube, Facebook,​ and LinkedIn.​
Contacts:

​Media: Raffi Williams Raffi.Williams@FHFA.gov / Adam Russell Adam.Russell@FHFA.gov

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