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FHFA Releases 2019 Performance and Accountability Report
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its Performance and Accountability Report, which details FHFA's activities as regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac during fiscal year 2019. For the...
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FHFA Extends Deadline on Request for Input on Fannie Mae and Freddie Mac UMBS Pooling Practices
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that it will extend, from Dec. 19. 2019 to Jan. 21, 2020 the deadline for interested parties to provide input on potential changes to Fannie Mae and Freddie Mac Uniform Mortgage-Backed Security (UMBS) pooling practices...
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FHFA Updates Progress on Fannie Mae and Freddie Mac Credit Risk Transfer Programs
PageContent Washington, D.C. – The Federal Housing Finance Agency (FHFA) today issued its semi-annual Credit Risk Transfer Progress Report describing the status and volume of credit risk transfer (CRT) transactions through the second quarter of 2019. The Report provides a comprehensive picture of...
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FHFA Issues Request for Input on Fannie Mae and Freddie Mac UMBS Pooling Practices
Washington, D.C. — The Federal Housing Finance Agency (FHFA) today issued a Request for Input (RFI) about Fannie Mae’s and Freddie Mac’s (the Enterprises’) pooling practices for the formation of “To-Be-Announced” (TBA)-eligible Uniform Mortgage-Backed Securities (UMBS). FHFA is also seeking...
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Agencies Propose Rule to Amend the Swap Margin Rule
Joint Release Board of Governors of the Federal Reserve System Farm Credit Administration Federal Deposit Insurance Corporation Federal Housing Finance Agency Office of Comptroller of the Currency Five federal agencies today announced a proposal to change the swap margin rules to facilitate the...
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FHFA Releases New Strategic Plan and Scorecard for Fannie Mae and Freddie Mac
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released a new Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac and a new 2020 Scorecard for Fannie Mae, Freddie Mac, and Common Securitization Solutions. The Strategic Plan provides a framework for how FHFA...
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FHFA Announces Key Hires
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that Jonathan McKernan will join FHFA as Senior Counsel for Policy. Also, Raphael “Raffi” Williams recently joined the Agency as its Press Secretary and Senior Communications Advisor. McKernan comes to FHFA from the U.S...
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Mortgage Translations Clearinghouse Now Includes Chinese and Spanish Language
Washington, D.C . – (October 23, 2019) – The Federal Housing Finance Agency (FHFA), Freddie Mac (OTCQB:FMCC), and Fannie Mae (FNMA/OTCQB) today announced the addition of the traditional Chinese language resources to the Mortgage Translations clearinghouse. These enhancements to the existing...
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FHFA House Price Index Up 0.2 Percent in August; Up 4.6 Percent from Last Year
Washington, D.C. – U.S. house prices rose in August, up 0.2 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 4.6 percent from August 2018 to August 2019. The previously reported 0.4 percent increase for July 2019...
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FHFA Instructs FHLBanks to Begin Transitioning Away from LIBOR
Washington, D.C. – Today, FHFA sent a letter to the 11 Federal Home Loan Banks instructing them that, as of December 31, 2019, they should stop purchasing investments in assets tied to LIBOR with a contractual maturity beyond December 31, 2021. As of March 31, 2020, the Federal Home Loan Banks...