FHLB San Francisco CEO Teresa Bazemore argues that the system’s dual mandates of supporting housing and providing liquidity for FHLBank members are related.
Three providers of D&O insurance refuse to pay legal costs associated with a financial crisis-era SEC investigation into Freddie underwriting and risk-management controls for troubled MBS.
The chair of the Senate Banking Committee wants FHFA to examine the implications of the Federal Home Loan Banks becoming the lender of last resort for struggling financial institutions.
For Fannie, the most obvious change was a major expansion of the EHFP’s target audience. In its initial plan, the enterprise had focused almost exclusively on Black homebuyers.
Using this tool, investors can determine the volume of MBS that is liquid and available to trade on the TBA market. The data can be sorted by cohort, vintage, date and category.