FHFA: Comprehensive Review of Federal Home Loan Bank System Announced
The review, FHLBank System at 100: Focusing on the Future, will include a series of listening sessions and regional roundtable discussions The Federal Housing Finance Agency (FHFA) today announced it will conduct a comprehensive review of the Federal Home Loan Bank (FHLBank) System beginning in the fall of 2022. “FHFA plays a vital role in…
FHFA: Intent to Establish a Federal Advisory Committee on Affordable, Equitable and Sustainable Housing Announced
The Federal Housing Finance Agency (FHFA) today announced its intent to establish a Federal Advisory Committee on Affordable, Equitable, and Sustainable Housing (Committee). The Committee will provide advice and input regarding affordable, equitable, and sustainable housing needs and any regulatory or policy changes that may be necessary or beneficial to address those matters. In addition,…
FHFA: Sandra L. Thompson Sworn in as Director of the Federal Housing Finance Agency
In an Agency ceremony, Sandra L. Thompson was sworn in today to a five-year term as the third Senate-confirmed Director of the Federal Housing Finance Agency (FHFA). Thompson was appointed to head the Agency by President Joe Biden. FHFA, created by the Housing and Economic Recovery Act of 2008, is the regulator and conservator of Fannie Mae…
FHFA: 2021 Report to Congress Issued
The Federal Housing Finance Agency (FHFA) today released its 2021 Report to Congress. The statutorily-required report provides information about the Agency’s 2021 examinations of Fannie Mae, Freddie Mac (the Enterprises), the 11 Federal Home Loan Banks (FHLBanks), and the FHLBanks’ Joint Office of Finance. It also describes FHFA’s actions as conservator of Fannie Mae and Freddie Mac and provides…
FHFA: Input Requested on Strategic Plan for Fiscal Years 2022-2026
Public input to be received during 30-day period The Federal Housing Finance Agency (FHFA) today requests input on its Draft Strategic Plan, which outlines the Agency’s priorities for the coming years as regulator of the Federal Home Loan Bank System and as regulator and conservator of Fannie Mae and Freddie Mac (the Enterprises). The Strategic Plan contains…
FHFA: RFI Issued on Executive Compensation at Fannie Mae, Freddie Mac, and the Federal Home Loan Banks
Seeks input on evaluating “reasonable” and “comparable” compensation at the regulated entities, in and out of conservatorship The Federal Housing Finance Agency (FHFA) today issued a Request for Input (RFI) on executive compensation at the regulated entities: Fannie Mae and Freddie Mac (the Enterprises) as well as the Federal Home Loan Banks (the FHLBanks). The information that FHFA…
FHFA: FY 2020 Performance and Accountability Report Released
The Federal Housing Finance Agency (FHFA) today released its annual 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 2020. For the twelfth consecutive year, FHFA received an unmodified audit opinion on its…
FHFA: Final Rule Published on the FHLBank’s Housing Goals
Rule provides greater availability of mortgage financing for underserved borrowers To help underserved borrowers, the Federal Housing Finance Agency (FHFA) today sent to the Federal Register for publication a final rule on the Federal Home Loan Banks’ (FHLBanks) Housing Goals. The new goals take effect in 2021 and enforcement of the rule will be phased…
FHFA: Request for Input on Federal Home Loan Bank Membership Issued
Today, the Federal Housing Finance Agency (FHFA) issued a Request for Input (RFI) on Federal Home Loan Bank (FHLBank) membership. The RFI, part of a holistic review of FHLBank membership, seeks public input on whether FHFA’s existing regulation on FHLBank membership ensures the FHLBank System, consistent with statutory requirements, remains safe and sound, provides liquidity…
FHFA: Realignment of Agency Structure Announced
Today, the Federal Housing Finance Agency (FHFA) announced a realignment that will further bolster FHFA’s capacity as a world-class regulator of Fannie Mae and Freddie Mac (the Enterprises) and the Federal Home Loan Banks. The realignment of its structure is designed to ensure that the Agency is well-positioned for the Enterprises to responsibly exit conservatorship. “The changes we are…