Federal Housing Finance Agency Print

Stress Testing Orders


The Federal Housing Finance Agency (FHFA) sent a Notice to the Federal Register concerning Orders issued to Fannie Mae, Freddie Mac and the twelve Federal Home Loan Banks (the regulated entities) requiring reporting of annual stress testing results. The Orders, which include the stress test scenarios, were issued on November 26, 2013 under FHFA’s final stress testing rule. The stress tests, required by the Dodd-Frank Act, are designed to determine whether the regulated entities have the capital necessary to absorb losses as a result of adverse economic conditions. FHFA also issued Summary Instructions and Guidance including revised templates the regulated entities will use to report the results of the testing.

2019 Orders

2018 Orders

2017 Orders

2016 Orders

2015 Orders

2014 Orders

2013 Orders

  

2019 DFAST Reporting Cycle

Orders

Fannie Mae
Order to Fannie Mae (March 5, 2019)
Summary Instructions and Guidance (March 5, 2019)

Freddie Mac
Order to Freddie Mac (March 5, 2019)
Summary Instructions and Guidance (March 5, 2019)

FHLBanks
Order for FHLBanks (March 5, 2019)
Summary Instructions and Guidance (March 5, 2019)

XLS Spreadsheets
2019 FHFA Scenarios
2019 FHFA Scenario Variables and Assumptions Templates
2019 FHFA Enterprises Stress Test Templates - Baseline

2019 FHFA Enterprises Stress Test Templates - Adverse
2019 FHFA Enterprises Stress Test Templates - Severely Adverse
2019 FHFA FHLBanks Stress Test Templates - Baseline
2019 FHFA FHLBanks Stress Test Templates - Adverse
2019 FHFA FHLBanks Stress Test Templates - Severely Adverse
2019 FHFA DFAST Adverse Market Shocks
2019 FHFA DFAST Severely Adverse Market Shocks


2018 DFAST Reporting Cycle

Orders

Fannie Mae
Order to Fannie Mae (March 1, 2018)
Summary Instructions and Guidance (March 1, 2018)

Freddie Mac
Order to Freddie Mac (March 1, 2018)
Summary Instructions and Guidance (March 1, 2018)

FHLBanks
Order for FHLBanks (March 1, 2018)
Summary Instructions and Guidance (March 1, 2018)

XLS Spreadsheets
2018 FHFA Scenarios
2018 FHFA Scenario Variables and Assumptions Templates
2018 FHFA Enterprises Stress Test Templates - Baseline

2018 FHFA Enterprises Stress Test Templates - Adverse
2018 FHFA Enterprises Stress Test Templates - Severely Adverse
2018 FHFA FHLBanks Stress Test Templates - Baseline
2018 FHFA FHLBanks Stress Test Templates - Adverse
2018 FHFA FHLBanks Stress Test Templates - Severely Adverse
2018 FHFA DFAST Adverse Market Shocks
2018 FHFA DFAST Severely Adverse Market Shocks


 

2017 Orders

Fannie Mae

Reporting by Regulated Entities of Stress Testing Results as of December 31, 2016 (March 3, 2017)
Summary Instructions and Guidance (March 3, 2017)

Freddie Mac

Reporting by Regulated Entities of Stress Testing Results as of December 31, 2016 (March 3, 2017)
Summary Instructions and Guidance (March 3, 2017)

FHLBanks

Reporting by Regulated Entities of Stress Testing Results as of December 31, 2016 (March 3, 2017)
Summary Instructions and Guidance (March 3, 2017)

XLS Spreadsheets

2017 FHFA Scenarios
2017 FHFA Scenario Variables and Assumptions Templates
2017 FHFA Enterprises Stress Test Templates - Baseline

2017 FHFA Enterprises Stress Test Templates - Adverse
2017 FHFA Enterprises Stress Test Templates - Severely Adverse
2017 FHFA FHLBanks Stress Test Templates - Baseline
2017 FHFA FHLBanks Stress Test Templates - Adverse
2017 FHFA FHLBanks Stress Test Templates - Severely Adverse
2017 FHFA DFAST Adverse Market Shocks
2017 FHFA DFAST Severely Adverse Market Shocks


 

2016 Orders

Fannie Mae

Reporting by Regulated Entities of Stress Testing Results as of December 31, 2015 (March 2, 2016)
Summary Instructions and Guidance (March 2, 2016)

Freddie Mac

Reporting by Regulated Entities of Stress Testing Results as of December 31, 2015 (March 2, 2016)
Summary Instructions and Guidance (March 2, 2016)

FHLBanks

Reporting by Regulated Entities of Stress Testing Results as of December 31, 2015 (March 2, 2016)
Summary Instructions and Guidance (March 2, 2016)

XLS Spreadsheets

2016 FHFA Scenarios
2016 FHFA Scenario Variables and Assumptions Templates
2016 FHFA Enterprises Stress Test Templates - Baseline
2016 FHFA Enterprises Stress Test Templates - Adverse
2016 FHFA Enterprises Stress Test Templates - Severely Adverse
2016 FHFA FHLBanks Stress Test Templates - Baseline
2016 FHFA FHLBanks Stress Test Templates - Adverse
2016 FHFA FHLBanks Stress Test Templates - Severely Adverse

2016 FHFA DFAST Adverse Market Shocks
2016 FHFA DFAST Severely Adverse Market Shocks


2015 Orders

FHLBanks

Supplemental Order to FHLBanks (June 10, 2015)

XLS Spreadsheets

2015 FHFA Scenarios
2015 FHFA Scenario Variables and Assumptions Templates
2015 FHFA Enterprises Stress Test Templates - Baseline
2015 FHFA Enterprises Stress Test Templates - Adverse
2015 FHFA Enterprises Stress Test Templates - Severely Adverse
2015 FHFA FHLBanks Stress Test Templates - Baseline
2015 FHFA FHLBanks Stress Test Templates - Adverse
2015 FHFA FHLBanks Stress Test Templates - Severely Adverse
2015 FHFA FHLBanks Stress Test Templates - Severely Adverse - (revised June 10, 2015)
2015 FHFA DFAST Adverse Market Shocks
2015 FHFA DFAST Severely Adverse Market Shocks

 

2014 Orders

Fannie Mae

Second Supplemental Order to Fannie Mae with Attachment I
Order to Fannie Mae (December 1, 2014)
Summary Instructions and Guidance (December 1, 2014)

Freddie Mac

Second Supplemental Order to Freddie Mac with Attachment I
Order to Freddie Mac (December 1, 2014)
Summary Instructions and Guidance (December 1, 2014)

FHLBanks

Second Supplemental Order to the FHLBanks with Attachment I
Order to FHLBanks (December 1, 2014)
Summary Instructions and Guidance (December 1, 2014)

XLS Spreadsheets

2014 FHFA Scenarios
2014 FHFA Scenario Variables and Assumptions Templates
2014 FHFA Enterprises Stress Test Templates
2014 FHFA FHLBanks Stress Test Templates
2014 FHFA Global Market Shocks - Adverse
2014 FHFA Global Market Shocks - Severe

  

2013 Orders

Fannie Mae

Order to Fannie Mae
Appendices to Order
Summary Instructions & Guidance
Supplemental Order to Fannie Mae
Appendices to Supplemental Order

Freddie Mac

Order to Freddie Mac
Appendices to Order
Summary Instructions & Guidance
Supplemental Order to Freddie Mac
Appendices to Supplemental Order

FHLBanks

Order to FHLBanks
Appendices to Order
Summary Instructions & Guidance
Supplemental Order to FHLBanks
Appendices to Supplemental Order


 
Related:
News Releases

FHFA Announces Results of Fannie Mae and Freddie Mac Dodd-Frank Stress Tests (4/30/2015)
FHFA Announces Results of Fannie Mae and Freddie Mac Stress Tests (4/30/2014)
FHFA Issues Scenarios and Guidance to Fannie Mae, Freddie Mac and the FHLBanks Regarding Annual Dodd-Frank Stress Tests (12/17/2013)

Stress Testing Reports

All Fannie Mae and Freddie Mac Stress Testing Reports

Stress Testing - Rulemaking

All Stress Testing Rulemaking Pages and Documents

Testimony

An Update from the Federal Housing Finance Agency on Oversight of Fannie Mae, Freddie Mac and the Federal Home Loan Banks (4/18/2013)

Other

Annual Report to Congress – 2014 (6/15/2015)

© 2019 Federal Housing Finance Agency