The Federal Housing Finance Agency today released additional guidance for guidelines published in 2021 on adverse and non-adverse classification of assets at Fannie Mae, Freddie Mac and the Federal Home Loan Banks. The new document elaborates on certain elements in the guidelines and provides clarifications related to asset classifications, loss-classified balance calculations and other accounting topics.
Small Business Bank in Kansas closed by regulators
Kansas regulators closed Small Business Bank in Lenexa, Kansas, and appointed the FDIC as receiver. The Farmers State Bank of Oakley, Kansas, agreed to assume substantially all deposits and purchase certain assets.









