March 24, 2015
Transferring Risk from Fannie & Freddie
The Federal Housing Finance Agency has posted its FHFA Progress Report on the Implementation of FHFA’s Strategic Plan for the Conservatorships of Fannie Mae and Freddie Mac. As its name suggests, it provides a progress report on a range of … Continue reading
March 24, 2015 in Federal Housing Finance Agency | Permalink | No Comments
March 23, 2015
Another Fannie/Freddie Bailout?
The Federal Housing Finance Agency Office of the Inspector General has issued a White Paper Report, The Continued Profitability of Fannie Mae and Freddie Mac Is Not Assured. The Executive Summary opens, Fannie Mae and Freddie Mac (collectively, the Enterprises) … Continue reading
March 23, 2015 in Federal Housing Finance Agency | Permalink | No Comments
February 20, 2015
Friday’s Government Report Roundup
CRS Report, ‘Community Development Financial Institutions (CDFI): Programs and Policy Issues’, by Sean Lowry. (Need Bloomberg BNA Subscription) Consumers’ mortgage shopping experience, by CFPB. HUD Subsidized More Than 106,000 Noncompliant Households. (Discussing HUD’s large-scale failure in oversight of requirement that … Continue reading
February 20, 2015 in Federal Housing Finance Agency | Permalink | No Comments
February 9, 2015
Reiss on $191B for Fannie & Freddie
GlobeSt.com quoted me in About that $191B Profit from the GSEs. It opens, Last week when the White House released its budget for fiscal year 2016, it included one eyebrow-raising line item: it assumed that Fannie Mae and Freddie Mac … Continue reading
February 9, 2015 in Federal Housing Finance Agency | Permalink | No Comments
January 29, 2015
Krimminger and Calabria on Conservatorships
By Michael Krimminger and Mark Calabria have shared The Conservatorships of Fannie Mae and Freddie Mac: Actions Violate HERA and Established Insolvency Principles. The paper opens, When the Federal Housing Finance Agency (“FHFA”) was appointed conservator for Fannie Mae and … Continue reading
January 29, 2015 in Federal Housing Finance Agency | Permalink | No Comments
January 23, 2015
Fannie/Freddie 2015 Scorecard
The Federal Housing Finance Agency (FHFA) released its 2015 Scorecard for Fannie Mae, Freddie Mac and Common Securitization Solutions. The scorecard identifies priorities for the two companies and their joint venture, Common Securitization Solutions (CSC). The scorecard builds on the … Continue reading
January 23, 2015 in Federal Housing Finance Agency | Permalink | No Comments
January 15, 2015
GSE Conservatorship History Lesson
Mark Calabria, the Director of Financial Regulation Studies at the Cato Institute, has posted a very interesting paper, The Resolution of Systemically Important Financial Institutions: Lessons from Fannie and Freddie. This is a more formal version of what he presented … Continue reading
January 15, 2015 in Federal Housing Finance Agency | Permalink | No Comments
