Search Results for keywords:"FHFA"

The Federal Housing Finance Agency (FHFA) is proposing a rule requiring Fannie Mae and Freddie Mac to create resolution plans to ensure their smooth operation in case FHFA is appointed as a receiver. This rule is part of developing a strong regulatory framework for these enterprises as they prepare to exit conservatorship. The intended resolution planning aims to minimize market disruptions, ensure fair loss distribution among investors, and enhance market discipline. The FHFA invites public comments on this rule by March 9, 2021.

The Federal Housing Finance Agency (FHFA) is inviting public comments on the "Minimum Requirements for Appraisal Management Companies" information collection as per the Paperwork Reduction Act of 1995. This information collection is intended for an extension review and approval by the Office of Management and Budget before its expiration in March 2025. The rules involve state-level requirements for registering and supervising appraisal management companies to ensure they comply with federal standards. FHFA is responsible for overseeing a portion of the reported data burden and is seeking feedback on its necessity, accuracy, and potential methods to reduce it.

The Federal Housing Finance Agency (FHFA) has proposed a new rule introducing liquidity and funding requirements for Fannie Mae and Freddie Mac, addressing weaknesses revealed during the 2008 financial crisis. These requirements aim to ensure the companies have enough liquid assets to cover short-term and long-term financial needs, reducing the risk that they will require taxpayer bailouts. The rule also includes reporting obligations for the companies, mandating that their liquidity positions and management strategies be shared with FHFA and the public. The proposal invites public comments and suggests adjustments to liquidity requirements during economic stress.