The Federal Home Loan Banks want bank and thrift regulators to treat the debt securities of all housing GSEs the same when it comes to risk-based capital requirements, worrying that a proposal to halve the RBC weighting for mortgage-backed securities issued by Fannie Mae and Freddie Mac would put FHLB advances at a competitive disadvantage in the capital markets...
The new FHFA director’s whirlwind first week resulted in widespread staffing cuts at the regulator and a dramatic change in leadership at the GSEs. So far, criticism has been muted.
News Tailored to Your Needs
Get Focused Coverage
Inside Mortgage Finance's newsletters break the mortgage market down so you get the news and data you need most, whether it's total industry coverage or just the news related to securitization, regulation, profits or other specific topics.