The GSEs may not purchase mortgages for working farms or ranches, but they do buy mortgages for residential property in rural settings — even if they have some agricultural characteristics.
Fed researchers say most mortgages will remain out of the money for the foreseeable future, which means redemptions of MBS in the Fed’s portfolio may remain below the cap of $35 billion per month.
FHFA will hold FHLBank boards and senior management accountable for planning for and adapting to the shifting risks posed by the increasing frequency and intensity of climate-related natural disasters.
Although a Republican victory in November might revive efforts to release the GSEs from conservatorship, this would likely be a multi-year effort, according to the former FHFA director.