FHFA

Marzol, deputy to FHFA director, plans to retire

12/04/20

Adolfo Marzol came to the agency after a stint at HUD and a 30-year career in the mortgage industry. He will depart on Dec. 18.

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Why is Fannie Mae abandoning a practice that shields it from risk?

12/03/20

Fannie hasn't completed any credit risk transfers to private investors since the second quarter. Some experts worry the decision — likely spurred by the company’s concerns about a recent capital regulation — could put the mortgage giant on unsteady footing.

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FHFA issues capital rule, previews next steps on plan to release GSEs

11/18/20

The new capital framework for Fannie Mae and Freddie Mac is a prelude to letting the mortgage giants potentially retain all their earnings. But efforts to privatize the companies could face pushback from the Biden administration.

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Freddie Mac CEO David Brickman resigns, interim leader appointed

11/13/20

Freddie Mac representatives would not comment on the sudden resignation of Brickman. Interim CEO Michael Hutchins has served as Freddie’s executive vice president of investments and capital markets since January 2015.

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FSOC leaves mortgage markets uncertain

11/10/20

FSOC’s statement on the FHFA’s proposed capital rule raises questions for market participants trying to anticipate a post-conservatorship secondary mortgage market, should the incoming administration go through with the GSEs’ exit from governmental control.

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What Sheila Bair brings to table as chair of Fannie Mae

11/09/20

The former FDIC chief oversaw the resolution of hundreds of failed banks during the financial crisis and knows how to build relationships with regulators. Those skills could be crucial in helping Fannie exit federal control.

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Former FDIC head Sheila Bair to chair Fannie Mae board

11/05/20

One of the top banking regulators during the 2008 financial crisis could have a hand in nudging Fannie Mae out of conservatorship.

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State regulator group offers guidance for mortgage servicing oversight

10/01/20

The proposed best practices would be modeled after federal servicing standards and be used to supervise nonbanks firms subject to state regimes.

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Oversight council warns of systemic threat from Fannie, Freddie

09/25/20

The Financial Stability Oversight Council said the mortgage giants may need a bigger capital cushion than their regulator has proposed, but stopped short of designating them as “systemically important financial institutions.”

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Calabria to Congress: If you don’t like crisis fee, then fund GSEs

09/16/20

Fannie Mae and Freddie Mac have been slammed for planning an additional refinancing charge to cover COVID-related losses, but the head of the Federal Housing Finance Agency defended the policy in House testimony.

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