GSEs

Long-term crisis could put GSEs on unsteady ground, FHFA chief says

03/19/20

Mark Calabria said Fannie Mae and Freddie Mac are currently equipped to handle elevated delinquencies, but they might need congressional or Federal Reserve help if fallout from the coronavirus persists.

[more]

Should regulators close the door to new FHLB entrants, or open it wide?

03/01/20

An effort by the Federal Housing Finance Agency to examine membership rules for the Federal Home Loan Bank System is reigniting an argument over whether to allow more nonbanks in or impose tougher barriers.

[more]

Fannie and Freddie to make record high contributions to housing trust funds

02/27/20

The Federal Housing Finance Agency authorized the government-sponsored enterprises to contribute $502.2 million to two funds that help preserve and build affordable housing.

[more]

Freddie Mac names Donna Corley as head of single-family

02/20/20

Freddie Mac elevated Corley to executive vice president and head of its single-family business, putting her permanently in the role she occupied since last October.

[more]

Credit Suisse CEO leaves; Fannie, Freddie to buy SOFR mortgages

02/07/20

Tidjane Thiam submits his resignation; the two agencies said they will soon start accepting mortgages tied to the new rate and drop Libor by yearend.

[more]

Fed bars another Goldman banker for 1MDB; SEC readies major crypto suit

02/05/20

The bank’s former Asia investment banking co-chief is its third executive to be so punished; the agency says Telegram’s digital coin is a security.

[more]

Goldman, Amazon may offer loans; banks plan to tighten underwriting

02/04/20

The bank would make small-business loans on the online retailer’s platform; Fed survey says banks worry about increasing delinquencies, especially in subprime.

[more]

FHFA redefining itself ahead of GSE overhaul

02/03/20

With policymakers focused on ending Fannie Mae and Freddie Mac’s conservatorship, their regulator is reorganizing key units and adding staff to position itself for the long term.

[more]

FHFA picks Houlihan Lokey to advise agency on GSE plans

02/03/20

The regulator said the investment bank and financial services company will help in the process of strengthening Fannie Mae and Freddie Mac’s capital standing for their eventual exit from conservatorship.

[more]

Banking 2025, more Wells Fargo woe, compliance turnover: Top stories of the week

01/10/20

Potential sources of industry upheaval, and how to adapt; former Wells Fargo execs may face criminal charges in coming weeks; why banks have such high turnover of chief compliance officers; and more from this week's most-read stories.

[more]