Tag Archives: FHFA

FHFA unveils final rule on ERCF changes

Moreover, the public reports include quarterly quantitative and annual qualitative disclosures related to risk management, corporate governance, capital structure, and capital requirements and buffers under the standardized approach. “By allowing market participants to assess key .rmation about the enterprises’ risk profiles and associated levels of capital, this final rule will promote transparency and encourage sound […]

FHFA finalizes public disclosure rules for Freddie Mac and Fannie Mae

The Federal Housing Finance Agency issued its final rule regarding public disclosure requirements for Fannie Mae and Freddie Mac on corporate governance, risk management, capital structure and capital requirements, aligning the government-sponsored enterprises with what large banks already do. The GSEs must issue their initial public disclosure reports under this final rule in the first […]

FHFA Chief Sandra Thompson confirmed by narrow margin

The Biden administration’s nominee to head the Federal Housing Finance Agency, Sandra Thompson, was confirmed by a 49 to 46 Senate vote on Wednesday — a move that will make her the first African-American woman to lead Fannie Mae and Freddie Mac’s regulator. The confirmation was largely split down the party lines with small number […]

Margin call requirement in FHFA proposal draws concern

A liquidity requirement recommended in response to risk that arose during the initial pandemic-related market disruption in 2020 was among aspects of re-proposed minimum eligibility standards for government-sponsored enterprise counterparties drawing focus on Monday. The 2%-liquidity requirement proposed by the Federal Housing Finance Agency in response to margin calls that occurred two years ago could […]

Banking committee advances Fed, FHFA nominees after GOP boycott ends

WASHINGTON — The Senate Banking Committee approved the confirmation of the Biden administration’s nominees for the Federal Reserve Board and Federal Housing Finance Agency Wednesday evening, ending a weekslong Republican boycott. In an executive session, the committee voted to advance Jerome Powell as the Fed’s chair, Lael Brainard as vice chair, and Lisa Cook and […]