In its inaugural Mission Report, the GSEs reported the acquisition of more than 360,000 loans, further supporting the goal of affordable, sustainable, and equitable housing for all.
Read More »Working Toward Equity and Sustainability
Sandra L. Thompson, Acting Director of the FHFA, speaks with DS News about her goals and priorities for the Agency and her vision for the future of the GSEs.
Read More »Thompson Testifies Before Senate Banking Committee
Acting FHFA Director Sandra L. Thompson spoke before the Senate Banking Committee, pending her confirmation as Director of the Agency.
Read More »Natural Disaster Risk at Center of New FHFA RFI
As FHFA notes, natural disasters could result in increased delinquency rates, default rates, credit losses, credit-related expenses, and loan loss frequency and severity.” The FHFA will accept feedback for its RFI through April 19.
Read More »After the Dust Settles
Weighing in on issues ranging from rent control and home construction to tax cuts and spending constraints, DS News untangles how the new landscape could impact housing and mortgage in 2019.
Read More »Shifting Powers on Capitol Hill
The Mid-term elections are almost upon us and how America votes next week could determine the course of the housing market. Here’s what can change and what won’t.
Read More »Bank of America Settles with FHLBank of Des Moines
Bank of America announced this week that it has settled mortgage-related complaints with a Federal Home Loan Bank, the bank stated in a filing with the Securities and Exchange Commission.
Read More »FHFA Director Watt Outlines Positive Developments for Federal Home Loan Banks
In his speech, Watt highlighted that the FHLBanks are an important part of home financing, in that they provide a source of funding and access to the secondary mortgage market and other services to member institutions, especially smaller institutions that have little access these services.
Read More »Credit Union Group Opposes Revision to FHLBank Membership Requirements
NAFCU's complaint stems from a provision of the proposed rule that would require FHLB members and applicants to keep 1 percent of assets in home mortgage loans. Current members would also be required to hold at least 10 percent of assets in residential mortgage loans on an ongoing basis as opposed to just at the time of application, as the current rule requires.
Read More »Report: Fed Paid Record $98.7 Billion to Treasury in 2014
Preliminary unaudited results indicate that the Federal Home Loan Banks of the U.S. Federal Reserve Board paid a record amount of approximately $98.7 billion out of their 2014 estimated net income of $101.5 billion to the U.S. Department of Treasury, according to an announcement from the Fed on Friday.
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