FHFA

Freddie Mac is quietly helping out the U.S.'s new mortgage kings

05/07/18

Freddie Mac has quietly started extending credit to nonbanks that issue mortgages, a move it says will help the companies maintain access to a crucial stockpile of cash if their home loans go sour.

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GSE reform unlikely to happen this year: Mnuchin

04/30/18

The Treasury secretary said reforming Fannie Mae and Freddie Mac will come into focus more in 2019, when Federal Housing Finance Agency Director Mel Watt’s term will end.

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FHFA still eyeing 2019 for implementation of new credit score model

03/29/18

The annual progress report on the Fannie Mae and Freddie Mac conservatorships reiterated that a new credit score model will likely not be operational until after the implementation of a new Single Security Initiative.

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FHFA announces start date for new common mortgage security

03/28/18

After several years of preparation, Fannie Mae and Freddie Mac will start issuing a new, common mortgage-backed security starting June 3, 2019, the Federal Housing Finance Agency said Wednesday.

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Critics of FHLB membership rule aren’t thrilled with prospect of repeal

03/21/18

A bill to allow captive insurance companies to be reinstated as members of the Federal Home Loan Bank System appears to be dividing the FHLB community.

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Senate reg relief bill opens new front in credit-scoring battle

03/13/18

A late addition to regulatory relief legislation would direct the Federal Housing Finance Agency to review credit-scoring alternatives, but some say the provision is redundant.

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Agency proposes giving FHLBs more latitude on affordable housing funds

03/06/18

The Federal Home Loan banks could "design and implement" their own system for deciding how to allocate resources for affordable housing initiatives under the proposal by the Federal Housing Finance Agency.

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Supreme Court rejects hedge funds on Fannie, Freddie suits

02/20/18

The Supreme Court dealt hedge funds and other big investors a blow Tuesday by refusing to revive core parts of lawsuits that challenged the federal government’s capture of billions of dollars in profits generated by Fannie Mae and Freddie Mac.

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Hensarling blasts FHFA for allowing GSE affordable housing payments

02/16/18

The House Financial Services Committee chairman is calling out Fannie Mae and Freddie Mac's regulator for authorizing payments to two housing trust funds while the mortgage giants have their own financial struggles.

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Freddie needs $312 million from Treasury after writing down tax assets

02/15/18

Freddie Mac posted a fourth-quarter net loss of $3.3 billion and will request $312 million from the Treasury after recent tax reform legislation forced it to write down the value of deferred tax assets.

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