Tag Archives: FHFA

ABA Offers Feedback on FHFA’S GSE Capital Proposal

In a comment letter to the Federal Housing Finance Agency on Friday, the American Bankers Association offered feedback on a proposal that would create a new framework for risk-based capital requirements for Fannie Mae and Freddie Mac to ensure that the GSEs could cover losses and continue operations in the event of stress.

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FHFA: Freddie Mac Falls Short of Some Low-Income Housing Goals

The Federal Housing Finance Agency in its Annual Housing Report today said that Freddie Mac failed to meet two of its four affordable housing goals — those for low and very-low income buyers purchasing single-family homes — in 2017. The GSE met its low-income refinancing goal for single-family homes and the goal for home purchases in low-income areas. Fannie Mae achieved all ...

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FHFA Proposal Would Align GSEs’ Practices for TBA-Eligible MBS

As Fannie Mae and Freddie Mac continue moving toward a single security, the Federal Housing Finance Agency today issued a proposed rule directing the GSEs to harmonize their programs, policies and practices that affect the prepayment rates of to-be-announced-eligible mortgage-backed securities.

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IRS Issues Tax Ruling on GSE ‘Single Security’ Exchanges

As part of the Federal Housing Finance Agency’s “single security initiative” to standardize the terms for mortgage pass-through certificates issued by Fannie Mae and Freddie Mac, holders of existing related GSE securities will have an opportunity to exchange them for the new standard security.

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