The Federal Housing Finance Agency today released a progress report on its goals for Fannie Mae and Freddie Mac while the GSEs are in federal conservatorship. The report covers FHFA’s goals for the GSEs to maintain access to credit and help prevent foreclosures, to reduce credit risk and to build a common securitization platform that issues a single security.
FDIC tables proposals concerning regulatory review of bank control
The FDIC Board today two resolutions concerning bank control after both failed to gain majority support, with their sponsors promising...